Economics

Maritime piracy is a challenge in the 21st century because of how it affects international trade. The rise of globalisation, described as the growing interconnectedness between states, highlights the growing dependence on maritime trading routes which is vital to the economic development of many coastal states. The Gulf of Guinea, where Nigeria is located, possesses a high number of natural oil resources which have been put at risk due to the rise in oil theft. As Nigeria has no narrow straights to restrict shipping, it is more susceptible to violent pirate attacks than other areas in the region. The launch of the Deep Blue Project was pivotal in the Nigerian maritime domain and could serve as a blueprint for preventing piracy in other regions.

Fast fashion has become a bane to the fashion industry, society, and the environment. While fast fashion opens doors for ordinary individuals to partake in and enjoy fashion, it comes at the expense of exploited garment workers, the plagiarism of artistic work of fashion designers, and most inimically, inhibits any climate protection activism and progress.

Against the backdrop of historical great power competition, Africa can today create a tremendous impact on the global arena. While China is currently gaining foothold on the continent with its increased investments, infrastructure projects and trade, also Russia has an interest in maintaining good relationships with African states, leaving the EU and the U.S. struggling for their space in the equation. In the end, a Cold War-like rivalry over Africa between the West and the China-Russia strategic alliance could ensue.