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Gulf Investments in Africa

Gulf Investments in Africa

Arab Gulf countries, especially the United Arab Emirates, have made significant investments in Africa over the past decade, totaling more than $100 billion. Of this, $59 billion comes from the UAE and $26 billion from Saudi Arabia. These investments have been focused on sectors such as energy, ports, logistics, and agriculture, aiming to secure trade routes, strengthen food security, and obtain essential raw materials like copper, cobalt, and lithium. Particularly, the UAE seeks to enhance its political and economic influence by controlling strategic ports, while Saudi Arabia adopts a selective strategy centered on the energy sector. Despite the benefits, reports warn of the risks associated with over-reliance on raw material exports and emphasize the importance of adopting local industrial strategies to achieve sustainable long-term development in Africa.

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