Page 424 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 1)

10/29/25, 3:00 PM US$110 billion in UAE investments in Africa position country as world's fourth-largest investor: Bin Touq

US$110 billion in UAE investments in Africa position country

as world's fourth-largest investor: Bin Touq

WAM
27 Oct 2025, 20:01 GMT+

DUBAI, 27th October, 2025 (WAM) -- Abdulla bin Touq Al Marri, Minister of Economy and Tourism, said that the
UAE continues to consolidate its position as one of Africa's key strategic investment partners, ranking fourth
globally, after the US, China, and the European Union, with total investments exceeding US$110 billion
between 2019 and 2023.

Of that amount, over US$70 billion was directed toward green, energy, and renewable energy sectors,
underscoring the UAE's leadership among Arab and GCC investors in the continent.

In statements to the Emirates News Agency (WAM) on the sidelines of the UAE-Africa Tourism Investment
Summit 2025 in Dubai, Bin Touq announced that the summit featured investment cooperation opportunities
between the UAE and more than 20 African countries, with over 100 projects worth more than US$6 billion
presented. These initiatives are expected to create more than 70,000 jobs across the continent.

He noted that the participation of over 20 African ministers in discussions on enhancing the tourism sector
highlights the UAE's pivotal role in supporting effective and sustainable investments in Africa.

The Minister of Economy and Tourism emphasised that the UAE serves as a leading and strategic partner in
African investment, with economic and investment ties expanding rapidly. He pointed out that tourism ranks
among the top five Emirati investment sectors in Africa, alongside energy, infrastructure, logistics, and real
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