Dubai-based giant DP World is exploring the development of logistics parks across Africa as part of a strategy to reduce transport costs and unlock growth, Mohammed Mahomedy, head of infrastructure and rail for sub-Saharan Africa, tells The Africa Report in an exclusive interview…DP World, one of the world’s largest port operators, has signalled plans to establish an industrial park in Nigeria. The announcement followed a visit by DP World’s chairman, Sultan Ahmed bin Sulayem, to Minister of Marine and Blue Economy Adegboyega Oyetola in March. The company has footprints in 48 sub-Saharan African countries, including Nigeria, South Africa, Tanzania, the Horn of Africa, Kenya, Senegal, Angola, the DRC, and the Copperbelt…Africa’s logistics ecosystem has witnessed rapid expansion in recent years on the back of a rapidly rising population, fast-growing consumer markets and expanding manufacturing industries, but it is faced with significant challenges, particularly inadequate infrastructure…[DP World] said in May that it would invest $2.5bn this year on major infrastructure projects, including three in Africa, to expand its global logistics network. (The Africa Report)
World’s Oldest President to Seek Eighth Term
The world’s oldest head of state, Cameroon’s President Paul Biya, 92, has said he will run once more for re-election in October aiming to extend his 43 years in power…Biya’s administration has faced criticism over corruption, embezzlement, bad governance and failure to tackle security challenges. There have also been concerns about his health and ability to govern…His candidacy was expected but not formally confirmed until Sunday’s social media post…There have been growing calls from inside and outside Cameroon for him to step aside and give way for fresh leadership in the central African nation. His candidacy follows a recent political divorce from key allies from the northern regions, who had been crucial in helping secure votes in previous elections from that part of the country…Biya abolished term limits in 2008, enabling him to seek the presidency indefinitely. (BBC)
Joint-Stock Company
A joint-stock company is a business structure where investors own shares proportional to their investment and share in the profits. It was an early form of business organization used to fund large ventures before modern corporations existed. Today, U.S. companies are not officially registered as joint-stock companies, but instead operate as corporations, partnerships, or LLCs.
Irredentism vs Economic Development: A Tug of War in Modern Geopolitics
In today’s interconnected world, few forces are as contradictory as the desire for national expansion and the drive for economic prosperity. Irredentism – the political or popular movement intended to reclaim and reoccupy a “lost” or “unredeemed” homeland – often stands in sharp contrast with the pragmatic demands of economic development. From Eastern Europe to parts of Asia and Africa, the tension between these two forces continues to shape domestic and international politics in profound ways.
Irredentism is rooted in the belief that certain territories rightfully belong to a nation because of historical ties, ethnic connections, or cultural heritage. Classic examples include the idea of a “Greater Hungary” to recover territories lost after World War I, or claims by Serbia over parts of Bosnia and Croatia in the 1990s. More recently, we see echoes of irredentist sentiment in Russia’s annexation of Crimea and its claims over parts of Ukraine, or China’s territorial assertions in the South China Sea and Taiwan.
At its core, irredentism is emotional and symbolic. It draws on national pride, collective memory, and historical grievances. It can mobilize mass support quickly – but often at the cost of peace and stability.
On the other side stands economic development – the pursuit of growth, investment, trade, and improved standards of living. Successful development relies on stable borders, peaceful neighbors, predictable markets, and foreign investment. It demands a focus on infrastructure, education, innovation, and governance.
Countries like Singapore and South Korea have shown that prosperity is best achieved through regional cooperation and integration, not territorial revisionism. Even nations with a strong historical narrative of lost territories often choose economic pragmatism over conflict. For example, Germany and Poland have put aside painful border disputes to become major trading partners within the EU framework.
Irredentist ambitions can severely undermine economic development. Annexing disputed territories or supporting secessionist movements can trigger international sanctions, cutting off trade and investment. Russia’s economy, for instance, has paid a heavy price for its actions in Crimea and eastern Ukraine.
An irredentist agenda often demands higher military budgets, diverting resources away from health care, education, and infrastructure. Investors dislike instability. Border disputes and armed conflicts create risk, driving away capital that could otherwise fuel development.
Internal Displacement and Human Costs: Conflicts spurred by irredentism often lead to population displacement and human rights violations, creating long-term social and economic burdens.
Not every state must choose starkly between irredentism and development – but when nationalist fervor dominates, pragmatism often loses. Leaders sometimes exploit territorial claims to distract from domestic economic failings or to rally political support. Short-term political gains, however, rarely outweigh long-term economic costs.
That said, nations that successfully resolve border disputes – or set them aside in favor of economic cooperation – tend to thrive. The European Union is perhaps the best-known example of states overcoming centuries of territorial conflict to build a common market and shared prosperity.
To conclude, in an age where growth and global integration define success, clinging to irredentist dreams can be economically self-defeating. History, identity, and borders matter – but so do jobs, trade, and human well-being.
For nations facing the pull of lost homelands and proud histories, the real challenge lies in balancing the past with the needs of the future. Prosperity is built through peace, not conquest; through bridges, not borders.
