UAE to Africa corridor

UAE Investment in Africa: A Gulf Investor's Guide to Finding Ready Projects

UAE investment in Africa now makes the UAE the continent's largest source of new foreign direct investment, with more than USD 110 billion invested since 2019 and a fast-growing set of trade agreements. For a Gulf principal, appetite is not the problem. Finding projects that are verified, structured and ready for a decision is.

Adnan FerozBy , The Deal Architect · Updated

UAE investment in Africa: the numbers

The UAE is the largest source of new foreign direct investment in Africa, with more than USD 110 billion invested across the continent since 2019, and UAE non-oil trade with African countries reached about USD 112 billion in 2024, up 34% (UAE Presidential Court). The scale of single deals matches the headline. In February 2024 an ADQ-led consortium committed USD 35 billion to Egypt: USD 24 billion for the development rights to Ras El-Hekma and USD 11 billion of deposits converted into investments across the country (ADQ).

Dubai is the commercial hinge. Dubai's non-oil trade with Africa exceeded USD 145.9 billion in 2025, up 51%, and 30,409 African companies were active Dubai Chamber members (Dubai Chamber of Commerce). Dubai International Chamber opened its eighth office on the continent, in Luanda, in July 2026 (Dubai International Chamber).

Gulf capital is not short of African opportunities. It is short of African files that are ready for a decision.

UAE CEPAs with African countries

The UAE has been signing Comprehensive Economic Partnership Agreements across Africa. These are the ones I verified on official UAE or partner-government releases:

CountrySignedWhat the official release highlights
Mauritius22 July 2024The UAE's first CEPA with an African country (Aletihad)
Kenya14 January 2025Covers services, digital trade and sustainability; non-oil trade of USD 3.1B in the first nine months of 2024 (Aletihad; Kenya Presidency)
Central African Republic6 March 2025Non-oil trade of about USD 252M in 2024, up 75% (UAE Presidential Court)
Republic of the Congo8 April 2025Tariffs on 99.5% of UAE export tariff lines phased out over five years (UAE Presidential Court)
Angola25 August 2025Exchanged in Luanda; non-oil trade of USD 2.17B in 2024 (UAE Presidential Court)
Nigeria13 January 2026Non-oil trade of USD 4.3B in 2024, up 55.3% (UAE Presidential Court)
Sierra Leone2 February 2026Non-oil trade of USD 153M in 2025 (UAE Presidential Court)
Gabon6 February 2026Non-oil trade of about USD 320.7M in 2025 (UAE Presidential Court)

Signed is not the same as in force. Before you price a deal on tariff or investment terms, have counsel confirm each agreement's status and the chapter that applies.

How Gulf investors find projects in Africa

SourceWhat you getTypical qualityMain risk
Government to governmentLarge, policy-backed projectsHighLong timelines
Chambers and trade missionsVetted meetings in one weekGoodBreadth over depth
Trusted operator introductionsPrincipal-to-principal meetings with a structure on the tableHigh, if the introducer is mandatedDepends on the introducer
Unsolicited inboundVolumeMixedUnverified claims and unmandated intermediaries

Missions work. Dubai Chamber's New Horizons missions to Ghana, Ethiopia and South Africa organized 1,460 business meetings for 45 Dubai-based companies (Dubai Chamber of Commerce). For a principal, the gap is what happens after the meeting: who verifies the file, who structures it and who keeps both sides moving.

How to screen an African project before a principal sees it

a rule on my desk is engagement first: an engagement letter and an NCNDA before the first introduction. If a sponsor will not sign both, the file stops there. Then I check:

  1. Authority. Who owns the project, and who can sign for it.
  2. Title and permits. Licences, concessions and land rights, confirmed by local counsel.
  3. Counterparty checks. Know-your-customer work done by a licensed firm, not by me.
  4. Structure. Where the holding company sits and how money and control flow.
  5. Economics. A model a principal's team can test, with offtake or demand evidence.
  6. Government touchpoints. Which ministries and agencies must approve, and when.
  7. Funds flow. Money moves between principals and licensed institutions. I never hold client funds.
  8. Exit. How and when the principal can get out.

Country snapshots: Egypt, Kenya, Nigeria, South Africa, Ghana

CountrySourced factWhat it means for a Gulf principal
EgyptUSD 35B ADQ-led Ras El-Hekma commitment (2024); Egypt was the third-largest nationality of new Dubai Chamber members in 2025, with 5,043 companies (Dubai Media Office)Deep ties and a large pool of Egyptian partners already in Dubai
KenyaCEPA signed January 2025A signed trade framework for East Africa
NigeriaCEPA signed January 2026; USD 4.3B non-oil trade in 2024; Dubai International Chamber office in Lagos since 2023 (Business Wire)Fast-growing trade and an on-the-ground Dubai presence
South Africa873 South African companies were active Dubai Chamber members by end Q1 2026; 674 business meetings in Johannesburg and Cape Town in June 2026 (Dubai Chambers)Mature counterparties, many already linked to Dubai
Ghana225 Ghanaian companies were active Dubai Chamber members by end Q1 2026; 276 meetings in Accra in May 2026 (Dubai Chamber of Commerce)A growing West African link

Entry structures for Gulf capital in Africa

StructureBest forControlKey risk
Offtake or supply agreement firstTesting a counterparty before equityLowPerformance
Joint venture with a local operatorSectors that need local licences and relationshipsSharedPartner alignment
Direct asset acquisitionClear title, a defined assetHighDiligence depth
Holding platform across several countriesRepeat investors with a sector thesisHighManagement bandwidth

Step by step: from mandate to signed terms in 90 days

  1. Days 1–15, mandate. Engagement letter and NCNDA; your thesis, ticket size, sectors, countries and red lines in writing.
  2. Days 15–45, sourcing and screening. I map projects and sponsors against the thesis and run the screen above with your advisers.
  3. Days 45–75, principal meetings. Shortlisted sponsors meet your team, in Dubai or on site, with a model and a term outline.
  4. Days 75–90, terms. Heads of terms negotiated by your lawyers, and a go or no-go by day 90.

For qualified principals and projects, Network King capital rooms (from USD 100,000) bring principals and family offices into one curated room. Success fees apply to commercial revenue only; there is no fee on capital raised. The method is in my book, The Deal Architect.

Proof: a Dubai holding group meets a DRC copper-mine owner

I hold a written global mandate (2025–2027) to represent and negotiate for Abdulla Bin Mujren Investment Group (ABMIG), a Dubai holding group of 14 companies. It is one of my mandates. One of the introductions I made under it was to Alnoor Dhrollia, a copper-mine owner in the Democratic Republic of the Congo.

The sequence is the one on this page. Engagement and NCNDA first. Then the group's thesis on paper, the owner's position understood before anyone travelled, and both sides briefed so the first meeting was about structure, not introductions. Asif Zafar of ABMIG summed it up: "He opens doors we did not know existed." Read the mandate.

The same mandate produced signed results elsewhere: see USD 30M in signed US software deals. I also build consortiums. As Board Director and founder of AERC, a Dubai waste-to-energy consortium of about USD 500M designed for 7,500 tonnes a day, I have consortium agreements signed, with funding and launch pending. Behind that sit 191 deal files across 11 sectors and a 1.3M+ business-profile network across the GCC, India, Africa and North America.

Going the other way? Read African companies expanding to Dubai. Gulf principals looking west should see UAE investment in the US, or every corridor on my market entry hub and case studies.

He opens doors we did not know existed.

We gave Adnan a written global mandate to represent our fourteen-company group because of who he can bring to the table and what he does once they are there.

Asif ZafarGroup CEO & Managing Partner, Abdulla Bin Mujren Investment Group
Want this working on your deal?Fifteen minutes tells you whether I can win it. USD 500, credited in full; refunded if I decline your file.

How to start, and what it costs

A wrong partner or distributor contract costs a year. The fit call costs USD 500.

1Book my 15-minute fit call. USD 500, credited in full to your engagement within 30 days.
2Get your written plan. Scope, deliverables and the first names on your target list, agreed in writing before any introduction.
3The 90-day seat. USD 30,000 a month, one-on-one with me, with a written go or no-go by day 90.

My fit-first promise: if I decline your file, your USD 500 comes back in full. If I take it, every dollar is credited to your engagement.

Need the doors opened before you need advice? Network King Access 02 delivers prepared introductions to named decision-makers, from USD 50,000. Compare every service and price.

Frequently asked questions

How much has the UAE invested in Africa?

According to the UAE Presidential Court, the UAE has invested more than USD 110 billion across Africa since 2019 and is the continent's largest source of new foreign direct investment. UAE non-oil trade with African countries reached about USD 112 billion in 2024, up 34%. Single deals are large too, such as the USD 35 billion ADQ-led Ras El-Hekma commitment in Egypt.

Which African countries have a CEPA with the UAE?

On official releases I verified CEPAs signed with Mauritius (July 2024), Kenya (January 2025), the Central African Republic (March 2025), the Republic of the Congo (April 2025), Angola (August 2025), Nigeria (January 2026), Sierra Leone (February 2026) and Gabon (February 2026). Signed does not always mean in force, so check each agreement's status with counsel before relying on it.

What is the Kenya UAE CEPA?

The Kenya UAE Comprehensive Economic Partnership Agreement was signed in Abu Dhabi on 14 January 2025, in the presence of both presidents. Kenya's presidency says it covers services, technological innovation, digital trade and sustainability as well as goods. UAE state media reported bilateral non-oil trade of USD 3.1 billion in the first nine months of 2024.

How do Gulf investors find projects in Africa?

Through four channels: government-to-government programs, chamber trade missions, introductions from trusted operators, and unsolicited inbound. The first three produce most serious deals. The difference is verification. A good introducer signs an engagement letter and NCNDA, screens authority, title, structure and economics, and brings the principal a file that is ready for a decision.

How are UAE companies connecting with South Africa?

Dubai Chamber of Commerce took 24 Dubai-based companies to Johannesburg and Cape Town in June 2026 and organized 674 business meetings. By the end of the first quarter of 2026, 873 South African companies were active Dubai Chamber members, so many South African counterparties already have a Dubai link.

Are you a broker, and do you hold investor funds?

No to both. I provide strategic advisory and introductions to principals and family offices, and I never hold client funds. Not investment, legal or tax advice, and not an offer of securities. Regulated activities are handled by appropriately licensed firms. Network King success fees apply to commercial revenue only, with no fee on capital raised.

Bring a thesis, leave with a shortlist

For qualified principals and family offices, Network King capital rooms start from USD 100,000, with success fees on commercial revenue only. Strategic advisory and introductions only; regulated activities are handled by licensed firms.

Sources

  1. UAE Presidential Court: UAE and Gabon sign CEPA (February 6, 2026), incl. UAE-Africa investment and trade figures
  2. UAE Presidential Court: UAE and Sierra Leone CEPA (February 2, 2026)
  3. UAE Presidential Court: UAE and Nigeria sign CEPA (January 13, 2026)
  4. UAE Presidential Court: UAE and Angola exchange CEPA (August 25, 2025)
  5. UAE Presidential Court: UAE and Republic of the Congo sign CEPA (April 8, 2025)
  6. UAE Presidential Court: UAE and Central African Republic sign CEPA (March 6, 2025)
  7. Aletihad (WAM report): Presidents of UAE and Kenya take part in CEPA signing (January 14, 2025)
  8. Office of the President of Kenya: Kenya and UAE sign landmark CEPA (January 14, 2025)
  9. Aletihad (WAM report): UAE and Mauritius sign CEPA (July 22, 2024)
  10. ADQ: ADQ-led consortium to invest USD 35 billion in Egypt (February 23, 2024)
  11. Dubai Chamber of Commerce via Business Wire: 1,460 B2B meetings during trade missions to Africa (June 2026)
  12. Dubai Chambers: 674 B2B meetings in Johannesburg (June 5, 2026)
  13. Dubai Chamber of Commerce: 276 bilateral business meetings in Accra (May 20, 2026)
  14. Dubai International Chamber: New representative office in Luanda (July 22, 2026)
  15. Dubai Media Office: Dubai Chamber of Commerce 2025 new members by nationality (February 17, 2026)
  16. Business Wire: Dubai International Chamber launches seventh Africa office, in Lagos (November 2023)

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