Page 45 - ECI PR REPORT - AUGUST 2025

8/28/25, 2:22 PM Abu Dhabi Exports Office Enhances Economic Ties With Angola - OneArabia

The second agreement, worth AED115 million, focuses on upgrading street lighting systems in various Angolan cities using

energy-efficient technologies. This project is in collaboration with Mark Cables, a UAE-based leader in this field. These

financial arrangements were made possible with Standard Chartered Bank's partnership and Etihad Credit Insurance's
support, ensuring robust financial security and sustainability for these initiatives.

Mohammed Saif Al Suwaidi, Director General of ADFD and Chairman of ADEX’s Exports Executive Committee, highlighted
the importance of these strategic projects. He stated that they facilitate significant developmental impacts while opening

new markets for UAE companies. "ADEX’s cooperation with Angola reflects the shared vision of both nations in advancing

sustainable development and economic growth," he said.

The increasing presence of ADEX in Angola signifies the UAE's commitment to strengthening economic ties with Africa. By
offering integrated financing solutions, ADEX empowers national companies to confidently enter global markets. This

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