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  <title>The Geopolitical Economist · Africa</title>
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  <description>Resources, debt, trade and the politics of the African economy.</description>
  <language>en</language>
  <image><url>https://geopoliticaleconomist.com/assets/brand/icon-512.png</url><title>The Geopolitical Economist · Africa</title><link>https://geopoliticaleconomist.com/topics/africa</link></image>
  <item>
    <title>The Sahel Didn&#x27;t Replace France. It Unbundled It.</title>
    <link>https://geopoliticaleconomist.com/articles/the-sahel-did-not-replace-france-it-unbundled-it</link>
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    <pubDate>Sat, 03 Oct 2026 06:00:00 +0000</pubDate>
    <dc:creator>Camilo Flora Matsumbo</dc:creator>
    <description>Mali, Burkina Faso and Niger are often described as having swapped France for Russia. The record shows something narrower: the security layer of France&#x27;s presence was replaced quickly, through Wagner and Turkish drones, while the development finance, monetary architecture and institutional access that came with it were not replaced at comparable scale by anyone.</description>
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    <content:encoded><![CDATA[New analysis on The Geopolitical Economist

THE SAHEL DIDN'T REPLACE FRANCE. IT UNBUNDLED IT.

Mali, Burkina Faso and Niger swapped French troops for Wagner and Turkish drones. Development finance, the CFA franc and institutional access were not replaced.

From the opening:
“Between March 2022 and December 2023, military governments in Mali, Burkina Faso and Niger forced the complete withdrawal of French troops, ending more than a decade of direct French security involvement in the central Sahel.”

By Camilo Flora Matsumbo, Researcher and economic analyst, Mozambique

Read the full analysis: https://geopoliticaleconomist.com/articles/the-sahel-did-not-replace-france-it-unbundled-it

#Geopolitics #Africa #Russia #Europe #Mali #BurkinaFaso]]></content:encoded>
    <category>Africa</category>
    <category>Russia &amp; Eurasia</category>
    <category>Europe</category>
  </item>
  <item>
    <title>The G20 Common Framework Fixed Who Sits at the Table. It Never Fixed the Clock.</title>
    <link>https://geopoliticaleconomist.com/articles/g20-common-framework-fixed-the-table-not-the-clock</link>
    <guid isPermaLink="true">https://geopoliticaleconomist.com/articles/g20-common-framework-fixed-the-table-not-the-clock</guid>
    <pubDate>Sat, 03 Oct 2026 06:00:00 +0000</pubDate>
    <dc:creator>Camilo Flora Matsumbo</dc:creator>
    <description>The Common Framework brought China and the Paris Club into one restructuring process for the first time. It left the timeline open-ended, and the IMF and World Bank have since called the missing standstill and deadline design gaps. The delay, not the generosity of each settlement, has been its most underpriced cost.</description>
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    <content:encoded><![CDATA[New analysis on The Geopolitical Economist

The G20 Common Framework Fixed Who Sits at the Table. It Never Fixed the Clock.

Chad, Zambia, Ghana and Ethiopia waited one to three years for restructuring under the G20 Common Framework. The delay, not the terms, is its biggest cost.

The Common Framework brought China and the Paris Club into one restructuring process for the first time. It left the timeline open-ended, and the IMF and World Bank have since called the missing standstill and deadline design gaps. The delay, not the generosity of each settlement, has been its most underpriced cost.

From the opening:
“Nearly six years after the Group of Twenty created the Common Framework for Debt Treatment in November 2020, the mechanism has produced a real and underappreciated achievement: for the first time, it placed the Paris Club of traditional bilateral creditors and China, now the largest single bilateral creditor to many…”

By Camilo Flora Matsumbo, Researcher and economic analyst, Mozambique

Read the full analysis: https://geopoliticaleconomist.com/articles/g20-common-framework-fixed-the-table-not-the-clock

#Geopolitics #Africa #China #Zambia #Ghana #Ethiopia]]></content:encoded>
    <category>Africa</category>
    <category>Indo-Pacific</category>
  </item>
  <item>
    <title>The Sandals Gatekeepers: How a Houthi–Horn Axis Could Redraw Red Sea Power</title>
    <link>https://geopoliticaleconomist.com/articles/sandals-gatekeepers-houthi-horn-axis-red-sea</link>
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    <pubDate>Thu, 01 Oct 2026 06:00:00 +0000</pubDate>
    <dc:creator>Frank Genin</dc:creator>
    <description>In September the Houthis stopped being an insurgency and became a landlord. With al Shabaab on the opposite shore, the Red Sea faces a dual chokepoint squeeze.</description>
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    <content:encoded><![CDATA[New analysis on The Geopolitical Economist

The Sandals Gatekeepers: How a Houthi–Horn Axis Could Redraw Red Sea Power

The Houthis hold the Bab el Mandeb islands and a partner on the Somali shore. Three scenarios for a Red Sea toll regime.

In September the Houthis stopped being an insurgency and became a landlord. With al Shabaab on the opposite shore, the Red Sea faces a dual chokepoint squeeze.

From the opening:
“In the first half of September 2026, Yemen's Iran-aligned Houthis stopped being an insurgency and became a landlord. A short, fast offensive handed them the entire western Red Sea coastline, the port of Mokha, and the islands that sit inside the Bab el Mandeb: Perim, Zuqar, the Greater and Lesser Hanish.”

By Frank Genin, Geopolitical analyst and board strategy adviser; editor, Geopolitics Sunday Brief

Read the full analysis: https://geopoliticaleconomist.com/articles/sandals-gatekeepers-houthi-horn-axis-red-sea

#Geopolitics #MiddleEast #Africa #GlobalEconomy]]></content:encoded>
    <category>Middle East &amp; North Africa</category>
    <category>Africa</category>
  </item>
  <item>
    <title>The UAE Doesn&#x27;t Buy Africa&#x27;s Goods. It Buys the Gates.</title>
    <link>https://geopoliticaleconomist.com/articles/uae-africa-ports-gold-gates</link>
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    <pubDate>Wed, 30 Sep 2026 06:00:00 +0000</pubDate>
    <dc:creator>Camilo Flora Matsumbo</dc:creator>
    <description>Emirati influence in Africa is better measured by position than by pledges: ports, gold markets and farmland place the UAE at the points where African goods change jurisdiction or form.</description>
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    <content:encoded><![CDATA[New analysis on The Geopolitical Economist

THE UAE DOESN'T BUY AFRICA'S GOODS. IT BUYS THE GATES.

Emirati influence in Africa is measured by position, not pledges: the ports, gold hub and land where value is captured.

From the opening:
“The usual way to measure Gulf money in Africa is by the size of the pledge: so many billions announced, so many projects signed. That is the wrong unit. The more revealing measure is position.”

By Camilo Flora Matsumbo, Researcher and economic analyst, Mozambique

Read the full analysis: https://geopoliticaleconomist.com/articles/uae-africa-ports-gold-gates

#Geopolitics #Africa #MiddleEast #UAE #GlobalEconomy]]></content:encoded>
    <category>Africa</category>
    <category>Middle East &amp; North Africa</category>
  </item>
  <item>
    <title>Egypt Didn&#x27;t Fix Its Foreign Currency Problem. It Rented a Solution.</title>
    <link>https://geopoliticaleconomist.com/articles/egypt-ras-el-hekma-suez-foreign-currency</link>
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    <pubDate>Tue, 29 Sep 2026 06:00:00 +0000</pubDate>
    <dc:creator>Camilo Flora Matsumbo</dc:creator>
    <description>The $35 billion Ras El-Hekma deal with the UAE, not structural reform alone, most immediately eased Egypt&#x27;s foreign-exchange crisis, arriving just as Houthi attacks collapsed Suez Canal revenue.</description>
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    <content:encoded><![CDATA[New analysis on The Geopolitical Economist

EGYPT DIDN'T FIX ITS FOREIGN CURRENCY PROBLEM. IT RENTED A SOLUTION.

A $35bn land deal eased Egypt's currency crisis just as Suez revenue collapsed. Has its capacity to earn dollars recovered?

The $35 billion Ras El-Hekma deal with the UAE, not structural reform alone, most immediately eased Egypt's foreign-exchange crisis, arriving just as Houthi attacks collapsed Suez Canal revenue.

From the opening:
“Egypt's economic improvement since 2024, reflected in faster growth, sharply lower inflation and rebuilt reserves, is often described as the payoff from a hard, IMF-backed reform program. Much of that improvement reflects genuine adjustment and reform.”

By Camilo Flora Matsumbo, Researcher and economic analyst, Mozambique

Read the full analysis: https://geopoliticaleconomist.com/articles/egypt-ras-el-hekma-suez-foreign-currency

#Geopolitics #Africa #MiddleEast #Egypt #UAE #Suez]]></content:encoded>
    <category>Africa</category>
    <category>Middle East &amp; North Africa</category>
  </item>
  <item>
    <title>The Migration Management Trap: No Victims, No Criminals—Only Managers</title>
    <link>https://geopoliticaleconomist.com/articles/migration-management-trap-tunisia-europe</link>
    <guid isPermaLink="true">https://geopoliticaleconomist.com/articles/migration-management-trap-tunisia-europe</guid>
    <pubDate>Mon, 28 Sep 2026 06:00:00 +0000</pubDate>
    <dc:creator>Saif Eddine Ghobr</dc:creator>
    <description>Migration is neither a threat nor a tragedy. It is a system of management—and everyone is a manager.</description>
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    <media:content url="https://geopoliticaleconomist.com/assets/img/cards/migration-management-trap-tunisia-europe.jpg" medium="image" type="image/jpeg"/>
    <content:encoded><![CDATA[New analysis on The Geopolitical Economist

THE MIGRATION MANAGEMENT TRAP: NO VICTIMS, NO CRIMINALS—ONLY MANAGERS

Europe externalises its borders, Tunisia trades control for money and legitimacy, and the migrant becomes a currency.

Migration is neither a threat nor a tragedy. It is a system of management—and everyone is a manager.

From the opening:
“In Sfax, migrants from sub-Saharan Africa wait in informal settlements for a journey that may never happen. Some have tried to cross the Mediterranean and failed. Others were intercepted before departure.”

By Saif Eddine Ghobr, Founder, Tunisia Watch, Tunis

Read the full analysis: https://geopoliticaleconomist.com/articles/migration-management-trap-tunisia-europe

#Geopolitics #Africa #Europe #Tunisia #GlobalEconomy]]></content:encoded>
    <category>Africa</category>
    <category>Europe</category>
  </item>
  <item>
    <title>The Global South&#x27;s Financial Alternative Isn&#x27;t the One With BRICS on the Door</title>
    <link>https://geopoliticaleconomist.com/articles/global-south-financial-alternative-papss-brics</link>
    <guid isPermaLink="true">https://geopoliticaleconomist.com/articles/global-south-financial-alternative-papss-brics</guid>
    <pubDate>Mon, 28 Sep 2026 06:00:00 +0000</pubDate>
    <dc:creator>Camilo Flora Matsumbo</dc:creator>
    <description>Africa&#x27;s most consequential break from dependence on external financial intermediaries is not the BRICS-led New Development Bank, but the Pan-African Payment and Settlement System, a homegrown initiative moving money across African currencies without routing it through a third one.</description>
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    <content:encoded><![CDATA[New analysis on The Geopolitical Economist

The Global South's Financial Alternative Isn't the One With BRICS on the Door

Africa's fastest break from external financial intermediaries is a homegrown payment system, not the BRICS bank.

Africa's most consequential break from dependence on external financial intermediaries is not the BRICS-led New Development Bank, but the Pan-African Payment and Settlement System, a homegrown initiative moving money across African currencies without routing it through a third one.

From the opening:
“When African finance ministers talk about escaping the IMF and the World Bank, most of the international coverage points to BRICS: to the bloc's New Development Bank, to talk of de-dollarization, to a Johannesburg or Kazan summit communique.”

By Camilo Flora Matsumbo, Researcher and economic analyst, Mozambique

Read the full analysis: https://geopoliticaleconomist.com/articles/global-south-financial-alternative-papss-brics

#Geopolitics #Africa #GlobalEconomy]]></content:encoded>
    <category>Africa</category>
  </item>
  <item>
    <title>Why Gold Can Buy Political Distance and Garments Cannot</title>
    <link>https://geopoliticaleconomist.com/articles/why-gold-can-buy-political-distance-and-garments-cannot</link>
    <guid isPermaLink="true">https://geopoliticaleconomist.com/articles/why-gold-can-buy-political-distance-and-garments-cannot</guid>
    <pubDate>Sat, 26 Sep 2026 06:00:00 +0000</pubDate>
    <dc:creator>Camilo Flora Matsumbo</dc:creator>
    <description>South Africa and Lesotho share a currency and a customs union, and absorbed the same American trade shock. The difference between their outcomes is not primarily about politics. It is about what each country sells, and how much of the value of those exports survives when the buyer changes.</description>
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    <content:encoded><![CDATA[New analysis on The Geopolitical Economist

WHY GOLD CAN BUY POLITICAL DISTANCE AND GARMENTS CANNOT

South Africa rode out US tariffs; Lesotho's garment trade collapsed. The difference is what travels with an export.

South Africa and Lesotho share a currency and a customs union, and absorbed the same American trade shock. The difference between their outcomes is not primarily about politics. It is about what each country sells, and how much of the value of those exports survives when the buyer changes.

From the opening:
“In August 2025, the United States imposed a 30% reciprocal tariff on South African goods and, through a combination of new duties and shifting exemptions, significantly eroded the commercial value of the country's preferential access under the African Growth and Opportunity Act.”

By Camilo Flora Matsumbo, Researcher and economic analyst, Mozambique

Read the full analysis: https://geopoliticaleconomist.com/articles/why-gold-can-buy-political-distance-and-garments-cannot

#Geopolitics #Africa #UnitedStates #Lesotho #SouthAfrica #GlobalEconomy]]></content:encoded>
    <category>Africa</category>
    <category>Americas</category>
  </item>
  <item>
    <title>Nigeria&#x27;s Rating Upgrade Is Partly a War Dividend</title>
    <link>https://geopoliticaleconomist.com/articles/nigeria-rating-upgrade-war-dividend</link>
    <guid isPermaLink="true">https://geopoliticaleconomist.com/articles/nigeria-rating-upgrade-war-dividend</guid>
    <pubDate>Fri, 25 Sep 2026 06:00:00 +0000</pubDate>
    <dc:creator>Camilo Flora Matsumbo</dc:creator>
    <description>Nigeria&#x27;s sovereign credit rating upgrade is being presented as proof that three years of painful reform have finally paid off. Some of it has. But part of the improvement traces back to an oil price spike tied to a war Nigeria did not start.</description>
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    <media:content url="https://geopoliticaleconomist.com/assets/img/cards/nigeria-rating-upgrade-war-dividend.jpg" medium="image" type="image/jpeg"/>
    <content:encoded><![CDATA[New analysis on The Geopolitical Economist

NIGERIA'S RATING UPGRADE IS PARTLY A WAR DIVIDEND

Three agencies upgraded Nigeria in thirteen months. How much reflects reform, and how much reflects a war-driven oil price?

Nigeria's sovereign credit rating upgrade is being presented as proof that three years of painful reform have finally paid off. Some of it has. But part of the improvement traces back to an oil price spike tied to a war Nigeria did not start.

From the opening:
“Nigeria's sovereign credit rating upgrade is being presented as proof that three years of painful reform have finally paid off. Some of it has.”

By Camilo Flora Matsumbo, Researcher and economic analyst, Mozambique

Read the full analysis: https://geopoliticaleconomist.com/articles/nigeria-rating-upgrade-war-dividend

#Geopolitics #Africa #Nigeria #GlobalEconomy]]></content:encoded>
    <category>Africa</category>
  </item>
  <item>
    <title>Mozambique&#x27;s LNG Restart Is a Fiscal Bet on Timing</title>
    <link>https://geopoliticaleconomist.com/articles/mozambique-lng-restart-fiscal-bet</link>
    <guid isPermaLink="true">https://geopoliticaleconomist.com/articles/mozambique-lng-restart-fiscal-bet</guid>
    <pubDate>Tue, 22 Sep 2026 06:00:00 +0000</pubDate>
    <dc:creator>Camilo Flora Matsumbo</dc:creator>
    <description>Mozambique&#x27;s delayed LNG restart could bring major gas revenues into state coffers just as a global supply wave reshapes prices, buyer leverage and the value of that revenue.</description>
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    <content:encoded><![CDATA[New analysis on The Geopolitical Economist

MOZAMBIQUE'S LNG RESTART IS A FISCAL BET ON TIMING

Mozambique's tax architecture defers most LNG revenue past 2030, just as a record supply wave reshapes global gas prices.

Mozambique's delayed LNG restart could bring major gas revenues into state coffers just as a global supply wave reshapes prices, buyer leverage and the value of that revenue.

From the opening:
“Mozambique's LNG restart is being described as the moment the country's long-delayed gas wealth finally comes within reach. But the fiscal question is more complicated. The state's own tax architecture, already visible in the project that is producing today, delays much of the expected revenue into the 2030s.”

By Camilo Flora Matsumbo, Researcher and economic analyst, Mozambique

Read the full analysis: https://geopoliticaleconomist.com/articles/mozambique-lng-restart-fiscal-bet

#Geopolitics #Africa #Mozambique #GlobalEconomy]]></content:encoded>
    <category>Africa</category>
  </item>
  <item>
    <title>Mozambique&#x27;s Mining Law Is a Fiscal Bet on Resource Sovereignty</title>
    <link>https://geopoliticaleconomist.com/articles/mozambique-mining-law-fiscal-bet</link>
    <guid isPermaLink="true">https://geopoliticaleconomist.com/articles/mozambique-mining-law-fiscal-bet</guid>
    <pubDate>Sat, 19 Sep 2026 06:00:00 +0000</pubDate>
    <dc:creator>Camilo Flora Matsumbo</dc:creator>
    <description>Mozambique&#x27;s 15% state mining stake could increase public control over mineral resources, but its success will depend on whether the country can attract the investment needed to turn that stake into actual revenue.</description>
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    <media:content url="https://geopoliticaleconomist.com/assets/img/cards/mozambique-mining-law-fiscal-bet.jpg" medium="image" type="image/jpeg"/>
    <content:encoded><![CDATA[New analysis on The Geopolitical Economist

MOZAMBIQUE'S MINING LAW IS A FISCAL BET ON RESOURCE SOVEREIGNTY

A 15% state stake in every mine, demanded by a state whose external debt is 350% of national income.

Mozambique's 15% state mining stake could increase public control over mineral resources, but its success will depend on whether the country can attract the investment needed to turn that stake into actual revenue.

From the opening:
“Mozambique's new mining law is being presented as an assertion of greater control over the country's mineral resources. But control on paper is not the same as bargaining power in practice.”

By Camilo Flora Matsumbo, Researcher and economic analyst, Mozambique

Read the full analysis: https://geopoliticaleconomist.com/articles/mozambique-mining-law-fiscal-bet

#Geopolitics #Africa #Mozambique #GlobalEconomy]]></content:encoded>
    <category>Africa</category>
  </item>
  <item>
    <title>Who Defines Tunisia&#x27;s Geopolitical Value? How Its Environment Shapes the State Itself</title>
    <link>https://geopoliticaleconomist.com/articles/who-defines-tunisias-geopolitical-value</link>
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    <pubDate>Tue, 15 Sep 2026 06:00:00 +0000</pubDate>
    <dc:creator>Saif Eddine Ghobr</dc:creator>
    <description>Tunisia&#x27;s geopolitical value is not simply imposed by Europe, America or China. It is produced through an unequal exchange in which external demands reshape domestic incentives, and eventually the state itself.</description>
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    <media:content url="https://geopoliticaleconomist.com/assets/img/cards/who-defines-tunisias-geopolitical-value.jpg" medium="image" type="image/jpeg"/>
    <content:encoded><![CDATA[New analysis on The Geopolitical Economist

Who Defines Tunisia's Geopolitical Value? How Its Environment Shapes the State Itself

Tunisia's strategic position earns it money and attention. A study of who captures that value, and what it does to the state.

Tunisia's geopolitical value is not simply imposed by Europe, America or China. It is produced through an unequal exchange in which external demands reshape domestic incentives, and eventually the state itself.

From the opening:
“Tunisia occupies a strategic position at the intersection of the Mediterranean, North Africa and the wider Arab world. It borders Algeria and Libya and sits close to Europe. Geography therefore gives Tunisia geopolitical value. But geography alone does not determine who captures that value.”

By Saif Eddine Ghobr, Founder, Tunisia Watch, Tunis

Read the full analysis: https://geopoliticaleconomist.com/articles/who-defines-tunisias-geopolitical-value

#Geopolitics #Africa #Europe #UnitedStates #China #Tunisia]]></content:encoded>
    <category>Africa</category>
    <category>Europe</category>
    <category>Americas</category>
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