Africa: UAE Reaffirms Investment Drive in Africa’s Energy and Trade Sectors

Africa: UAE Reaffirms Investment Drive in Africa’s Energy and Trade Sectors


Nairobi — United Arab Emirates has emerged as Africa’s largest single-country investor in recent years, committing more than USD 110 billion across the continent between 2019 and 2023, with over USD 70 billion directed to energy, green and renewable sectors.

This scale of capital — the highest by any country in that period — signals a long-term bet on Africa’s growth, anchored on the view that reliable energy access underpins industrialisation and economic diversification.Momentum is also building around clean energy financing.

Under the Africa Green Investment Initiative, USD 4.5 billion has been mobilised for more than 60 projects spanning solar, wind, geothermal, battery storage and green hydrogen.

Complementing this, Masdar’s USD 10 billion Africa programme and the Etihad 7 initiative aim to help expand electricity access to up to 100 million people by 2035, targeting structural power deficits and new generation capacity.


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Against this backdrop of deepening economic ties, Sheikh Shakhbout bin Nahyan Al Nahyan, Minister of State, participated in the 39th Ordinary Session of the African Union Summit in Addis Ababa, Federal Democratic Republic of Ethiopia.

The meeting brought together heads of state, government and senior officials to discuss Africa’s priorities, including peace and security, economic integration and sustainable development.

The UAE’s participation reflects the leadership’s focus on consolidating relations with African countries, strengthening partnerships based on trust and mutual respect, and supporting peace, stability and sustainable development across the continent.

The UAE has also affirmed support for the African Union’s Agenda 2063 and deeper cooperation with the African Union Commission and member states in trade and investment, renewable energy, food security, digital transformation and capacity building.

Speaking at the Summit, Sheikh Shakhbout bin Nahyan Al Nahyan said:”Our engagement with Africa is rooted in decades of trade, maritime links, and people-to-people connections across the Red Sea and Indian Ocean corridors.”

On the sidelines of the summit, he met with a number of African leaders and officials to review political and economic developments and reaffirm continued cooperation.

Trade architecture between the UAE and African partners is also expanding. The UAE has concluded nine Comprehensive Economic Partnership Agreements with African countries — Nigeria, DRC, Sierra Leone, Gabon, Angola, Kenya, Congo-Brazzaville, Mauritius and the Central African Republic.