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8/28/25, 2:21 PM Abu Dhabi Exports Office Highlights Strategic Role in Angola Amidst UAE President’s Visit - Biz Today

Abu Dhabi Exports Office Highlights

Strategic Role in Angola Amidst UAE

President’s Visit

Posted on August 26, 2025 UTC 0

Sha Sha
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ABU DHABI: Coinciding with the visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan’s,

President of the United Arab Emirates, to the Republic of Angola, Abu Dhabi Exports Office
(ADEX), the financing export arm of Abu Dhabi Fund for Development (ADFD), reaffirmed its

commitment to advancing national exports through strategic investments in digital and green
infrastructure. These initiatives not only contribute to Angola’s development journey but also

enhance the global presence of Emirati companies.

Building on this strategic cooperation, ADEX signed two financing agreements with the
Government of Angola worth AED 445 million to support critical projects in technology and
infrastructure, in February 2023. The first agreement, valued at AED 330 million, enables the

establishment of two state-of-the-art data centres and a national cloud-computing platform
through Presight, a UAE-based company specializing in artificial intelligence and big data

solutions, while the second agreement, worth AED 115 million, focuses on modernizing street
lighting systems across several Angolan cities using energy-efficient technologies, in
collaboration with UAE-based pioneer, Mark Cables. These financing facilities were structured in

partnership with Standard Chartered Bank and supported by Etihad Credit Insurance, ensuring
dynamic financial security and reinforcing the long-term sustainability of the projects.

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