The Pan-African Business Forum (PABF) has strongly condemned Iran's attacks on the United Arab Emirates (UAE). The incidents occurred on Monday, May 4, 2026. UAE authorities reported downing 15 missiles and four drones. These actions are viewed as a serious violation of international law.
PABF Chairman Dr. Ladislas Prosper Agbesi stated the attacks pose a threat to stability. He emphasized that such aggression is unacceptable. The international community must reject these actions. The forum expressed solidarity with the UAE's leadership and people. It affirmed the UAE's right to protect its sovereignty. Security and territorial integrity are paramount.
The PABF cautioned that the UAE should not be undermined. It should not face targeting for its strategic choices. This incident is part of broader geopolitical tensions in the Middle East. Such conflicts can disrupt global trade routes. They can also impact energy prices. This is a concern for many African economies heavily reliant on imports. For example, Ghana's exports in 2025 were significantly influenced by trade with the UAE.
PABF called on all African nations to unite. Leaders and institutions should take a clear stance. They must condemn the aggression shown. A unified position defends sovereignty and peace. It upholds international order. The group stressed the need for Iran to return to negotiations. It urged the country to avoid further escalation.
This condemnation from PABF highlights Africa's growing involvement in global affairs. It signals a desire for greater influence. It also shows a commitment to international law. Decision-makers in Ghana will watch developments closely. Any sustained conflict could affect global markets. This might influence the price of oil. It could also impact currency exchange rates. Ghana's import costs depend on stable global trade.