Home / Business and Economy / UAE Africa Ties Surge: $107B Trade, $150B Investment

UAE Africa Ties Surge: $107B Trade, $150B Investment

Summary

  • UAE-Africa annual trade exceeds $107 billion.
  • Emirati investments in Africa approach $150 billion.
  • Nine Comprehensive Economic Partnership Agreements signed.
UAE Africa Ties Surge: $107B Trade, $150B Investment

The UAE is significantly enhancing its economic engagement with Africa, viewing the continent as a critical driver of global growth. Annual bilateral trade has now surpassed $107 billion, with Emirati investments in Africa approaching $150 billion. This strategic pivot underscores a broader effort to diversify international partnerships and build direct economic bridges.

This deepening relationship is facilitated by trade, investment, and nine Comprehensive Economic Partnership Agreements (CEPA) signed with African countries. These agreements aim to reduce trade barriers, improve market access, and promote investment flows. The UAE leverages its infrastructure to serve as a gateway for African businesses.

Experts project Africa's economy to grow by 4.2% this year, remaining a fast-growing market despite global economic fragmentation. The African Development Bank's 2026 Outlook forecasts continued resilience, supported by structural reforms and infrastructure development.

Key UAE investments span infrastructure, logistics, energy, technology, and financial services. Specific projects include port development in Senegal and Angola, solar power plants in Togo and the Central African Republic, and an industrial park in Kenya. These align with Africa's development priorities.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

Read more news on

Property Code: 5571