The United Arab Emirates is currently investing heavily in Africa’s mining industry, moving away from its primary role as a hub for gold trade and toward direct investments in mines, infrastructure, logistics, and heavy equipment rental business. Formal commercial agreements with several nations are currently supporting this endeavor.
The UAE’s push into African mining is part of a cohesive, multi-faceted strategy:
From Trader to Investor: The United Arab Emirates is evolving beyond its conventional function as a center for commodity trading. It is now making direct, long-term investments in mining assets and the surrounding infrastructure needed to transport resources to markets.
Others are searching for material-handling machinery to aid with the development and management of ports, logistics parks, and manufacturing sites. Many nations’ mining and agriculture sectors are looking for fresh ideas.
Establishing Comprehensive Economic Partnership Agreements (CEPAs): To establish long-term frameworks for trade and investment, the UAE is actively entering into CEPAs with African countries. Deals have been signed with Kenya, the Republic of the Congo, the Central African Republic, Angola, Ghana.
