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8/28/25, 2:22 PM Abu Dhabi Exports Office Highlights Strategic Role in Angola Amidst UAE President’s Visit - Middle East Business News and Inform…
Abu Dhabi Exports Office Highlights Strategic

Role in Angola Amidst UAE President’s Visit

August 26, 2025

Abu Dhabi, UAE – August 2025: 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.

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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.

His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD and Chairman of the

Exports Executive Committee of ADEX, emphasized the role of such strategic projects in
enabling significant developmental impact while opening new markets for UAE companies. He

added that ADEX’s cooperation with Angola reflects the shared vision of both nations in
advancing sustainable development and economic growth, unlocking opportunities and
strengthening partnerships.

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