11 Hrs
Sharjah24 | الرئيسية
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Sharjah24

2026-10-16T14:20:52.000Z

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Sharjah24 | الرئيسية

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Investors See Sharjah as Growth Hub for Africa

Investors See Sharjah as Growth Hub for Africa

The article highlights the vital role played by the Emirate of Sharjah as a promising investment destination to strengthen partnerships with African markets. African investors and entrepreneurs pointed to significant opportunities across various sectors such as trade, manufacturing, real estate, and logistics, especially given the increasing volume of trade exchange between the UAE and Africa, which reached approximately $158 billion in 2025, representing a 41.6% year-on-year increase. They emphasized that Sharjah’s advanced infrastructure and geographical location contribute to expanding activities to reach regional and international markets, with a focus on sectors like automotive and spare parts trade, cosmetics and perfume manufacturing, and real estate, where the value of real estate transactions by foreign investors grew by 62.2% during the first nine months of 2025. Participants also highlighted the importance of developing communication channels and easing investment procedures, showcasing opportunities for cooperation between the UAE and Africa. This serves to enhance Sharjah’s position as an attractive hub for African investors and a promising market for expanding its commercial and economic relations.

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