₦airaland Forum

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kai kenagi.. people are wicked

this is why single ladies sometimes shy away from military guys

President Joe Biden has been sworn into office, ushering in a new
administration, new foreign policy and a new approach to US trade and
investment in Africa.
Advocating for natural gas abroad
The African natural gas value chain represents a critical avenue for
foreign investment and export opportunities, including the creation of
onshore US manufacturing jobs.
The Total-operated Mozambique liquified natural gas (LNG) project, for
example, secured its largest share of senior debt financing from the US
Export-Import Bank, which aims to support the country's exports for the
development and construction of the LNG plant and create an estimated
16,700 American jobs over its five-year construction period.
In terms of US LNG exports, the relative proximity of certain sub-Saharan
markets to North America renders the cost of transporting US LNG to the
continent as 20-40% less than transporting it to North Asia.
As a result, the export market potential for US companies looking to sell
excess LNG supply to Africa – as a result of the country’s recent major
investments in new liquefaction capacity – is substantial, coupled with
Africa’s own large-scale energy needs.
As part of the Democratic Party platform, Biden has targetted the
elimination of billion-dollar oil and gas subsidies in the US and called on
other developed countries to do the same.
While the proposition is unlikely to pass US Congress, it suggests that the
Biden administration may follow the likes of Europe, in terms of
restricting fossil fuel investment and signalling its commitment to climate
change action.
To date, US oil majors (ExxonMobil, Chevron) have been less radical in
their commitment to reducing carbon emissions and retooling investment
strategies than their European counterparts (Total, Shell).
If the US can continue to lend support to gas development abroad –
particularly in Africa, in which gas is positioned as a relatively clean-
burning fossil fuel able to deliver energy to scale – then it can cement its
role as a leading provider of finance, infrastructure and technology to
Africa’s energy transition.
Facilitating a mutual energy transition
Biden has been expectedly liberal in his stance toward a US energy
transition: in addition to once again committing the country to the Paris
Agreement, he has pledged to transition the national economy to net-zero
emissions by 2050, utilising the revenues retained from subsidy cuts to
fund a $2trn climate action plan. That said, US support of renewables
should not be limited to the domestic market, and if the country plans to
increase its fund allocation toward stimulating green business, then Africa
represents a worthwhile recipient. The energy sector is already considered
an investment priority by the International Development Finance
Corporation (DFC), attracting $10bn in commitments to date.
In sub-Saharan Africa, total investment in power project development
available to US companies is estimated by Power Africa at $175m.
Meanwhile, universal electricity access by 2030 will require the
construction of more than 210,000 mini-grids, mostly solar hybrids,
connecting 490-million people at an investment cost of almost $22bn,
according to the World Bank’s Energy Sector Management Assistance
Programme.
US renewable-focused firms are well-equipped to meet African demand
for renewable investment, offering an influx of technology, flexible capital
and technical expertise, coupled with a free-market competition approach
and reduced barriers to entry.
In addition to attracting external investment to reach continent-wide clean
electrification goals, Africa is rich in minerals needed to fast-track the US
along with its own energy transition.
The Democratic Republic of the Congo, for example, is estimated to
contain one million tons of lithium resources and is a global leader in the
production of cobalt, copper, tantalum and tin.
Such minerals are required to meet growing market demand for ‘green’
batteries that have the capacity to fuel US clean energy by powering
carbon-free grids, electric vehicles and green technologies.
Countering Chinese influence
In terms of foreign policy, enhanced US presence in Africa represents a
strategic counter to Chinese influence, in the midst of an ongoing trade
war between the two economic superpowers.
The DFC offers a dynamic alternative to China’s Belt and Road Initiative,
which has faced criticism due to its debt-heavy approach targeting
government-to-government financing, along with its procurement to
Chinese – and not African – firms and state-owned enterprises for the
development of large-scale infrastructure projects.
Criticism aside, China has been able to successfully extend its influence
across the Global South because of the financial backing it receives from
its government. Public sector support serves to alleviate perceived risk by
providing a governmental vote of confidence – which the DFC has sought
to do through reinsurance models that boost underwriting capacities and
guarantees on behalf of American exports and contractors.
Political risk insurance also seeks to protect US investments against the
risk associated with currency exchange, expropriation, foreign government
interference and breach of contract.
As it stands, bilateral trade between the US and Africa is – for lack of a
better word – underwhelming, decreasing from $31.3bn in the first six
months of 2019 to a paltry $12.7bn over the same period in 2020.
Last July, the US began negotiations with Kenya over a free trade
agreement targetting duty-free access for Kenyan goods to the US
market. If an agreement is reached – and it appears unlikely, given
Biden’s proclivity for multilateralism and his anticipated prioritisation of
the African Continental Free Trade Area – it could serve as a trading
model for other sub-Saharan countries and to enhance commercial
engagements.
In short, the pieces of the puzzle for US private sector-led growth in
Africa are there; it is now up to the Biden administration to put them
together.
SOURCE: https://brandspurng.com/2021/01/22/keeping-an-eye-on-bidens-
plans-for-africa/

Be it as it may, do you know that many first pregnancy of married ladies
are actually a carry over from a previous relationship?, as a mater of
fact, many ladies sleep with their ex before marrying their husbands and
if they get pregnant, they simply pin it on their husbands and the
unsuspecting husbands will gladly celebrate another man's pregnancy...
Some unmarried ladies even pin a pregnancy on their boyfriends when
they know that the pregnancy belongs to another man.
So if you have a first child that does not have any similar trait with you or
if you doubt the paternity at any point please do a DNA test discretely
because many first born are as a result of carry over pregnancy .

Kingzeez10:
I really want to help but your profile is new

please sir. i will manage no matter how small

her daughter is a spitting image of her she looked
when she was her age.

Think for a moment. Her name is on the C of O. They even left the
house yet she is shouting on Facebook and contacting premium times
that they wanted to take her house from her and yet she is a lawyer.

Kudos SHR. but until they unveil the real sponsors of Boko
Haram. We need that information badly.

after all these atrocities been committed, one somebody will still
grant them amnesty...

It will be recalled that recently the Nigeria Police, acting under Section 127 of the Police Act and Regulations sacked an unmarried female corporal, Olajide Omolola, an indigene of Ekiti State from the service for getting pregnant.

Lets treat our women with respect because women brought all of us to
this world.

but is not accessible yet .

May God not let me encounter things that will make me anticipate
suicide, this life don hard reach, am not about to complicate my heaven

Do some of these Nigerians read up on this countries before they carry themselves
over there

Abike Dabari. that woman that use to cast news for NTA that year that has now turned a full time igbo's hater.

op is a paid agent we all know nnamdi kanu page was hidden by facebook. Anyone posting information said its coming from mnk facebook page its an imposter beware.

op you just begging people to forcefully unite with you