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     8/28/25, 2:22 PM                          UAE’s ADEX Invests AED445M in Angola’s Tech & Green Projects
       Both  financing  agreements  were  structured  with  the  help  of  Standard  Chartered  Bank  and  supported  by  Etihad  Credit  Insurance.  This  ensures  strong
       financial security for the projects and supports their long-term sustainability. With this backing, UAE companies can confidently participate in international
       projects, while Angola benefits from modern infrastructure and technology upgrades.
       Comments from UAE Officials
       Mohammed  Saif  Al  Suwaidi,  Director  General  of  ADFD  and  Chairman  of  the  Exports  Executive  Committee  of  ADEX,  stressed  the  importance  of  these
       projects. He said they create a significant developmental impact in Angola while opening new markets for UAE companies.
       Al Suwaidi highlighted that the UAE’s cooperation with Angola reflects a shared vision for sustainable development and economic growth. By working
       together, both countries are unlocking new opportunities and strengthening their partnership.
       Digital Transformation in Angola
       The AED330 million project will play a key role in transforming Angola’s digital landscape. The data centres and national cloud platform will improve the
       country’s ability to store and process data. It will also support the growth of e-government services, businesses, and educational institutions.
       With modern AI and big data technologies, the country can better analyze and use data for economic planning, improving public services, and supporting
       innovation. This will also make it easier for international companies to operate in Angola, boosting trade and business opportunities.
       Energy Efficiency and Green Projects
       The street lighting project, valued at AED115 million, will have a lasting environmental impact. By introducing energy-efficient lighting, Angola can reduce
       its  electricity  consumption  and  carbon  footprint.  This  project  demonstrates  how  UAE  investments  are  promoting  sustainable  and  green  solutions  in
       developing countries.
       Modern street lighting also improves public safety and contributes to better urban planning. Residents in Angolan cities will benefit from well-lit streets,
       which enhances the quality of life while supporting environmentally friendly initiatives.
       Expanding UAE’s Presence in Africa
       The growing presence of ADEX in Angola shows the UAE’s commitment to expanding economic collaboration with Africa. By providing integrated financing
       solutions, the UAE enables its companies to confidently access global markets while helping partner countries improve their infrastructure.
       ADEX’s projects in Angola highlight how financial support and strategic partnerships can drive development. They not only strengthen trade between the
       UAE and Angola but also create opportunities for local employment, knowledge transfer, and technological advancement.
       Long-Term Impact
       The projects funded by ADEX are expected to have a long-term impact on Angola’s economy. With modern technology and energy-efficient systems in
       place, the country can continue to grow sustainably.
       For UAE companies, this partnership opens doors to new markets in Africa, helping them expand internationally. It also reinforces the UAE’s position as a
       leader in export financing and global development projects.
       The Abu Dhabi Exports Office is demonstrating how strategic financing can benefit both developing nations and UAE companies. With AED445 million
       invested in Angola’s technology and infrastructure, the UAE is helping Angola advance while creating new opportunities for its own businesses.
       Through  projects  like  AI-driven  data  centres,  cloud  platforms,  and  energy-efficient  street  lighting,  both  countries  are  building  a  stronger  partnership
       focused on sustainable growth, innovation, and global cooperation.
       This collaboration reflects a shared vision for the future, where technology, sustainability, and economic growth go hand in hand, making a real difference
       in people’s lives and shaping the development of the region.
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