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  Africa’s energy sector is undergoing a profound transformation — and the UAE is at the heart of it. With the latest acquisition by XRG, the international investment arm of ADNOC, the UAE has firmly planted its flag in Mozambique’s offshore Rovuma Basin, entering a gas market with world-changing potential. XRG’s 10% stake in the Area 4 concession — home to the Coral South floating LNG facility and upcoming Coral North and Rovuma LNG projects — is a milestone in the UAE’s effort to diversify energy investments and ensure global energy security. It reflects more than a commercial ambition: it’s a strategic play that echoes the UAE’s rising influence in Africa’s political economy. The UAE’s energy vision also includes Egypt, where in late 2024, XRG and bp joined forces to launch Arcius Energy, a platform dedicated to regional gas development. These dual tracks — Mozambique and Egypt — signal the UAE’s confidence in Africa’s long-term energy potential and a commitment to shared prospe...

  The United Arab Emirates (UAE) is rapidly becoming one of the largest investors in Africa , having invested around $60 billion between 2012 and 2022. This paper explores how the UAE plans to expand its investments in Africa, focusing on areas like infrastructure development and natural resource extraction. UAE’s Investment Strategy in Africa The UAE is developing a strategy to enhance its investments in Africa, aiming to strengthen economic ties with African nations. This initiative will contribute to economic growth for both the UAE and the African region. Investment Figures   Over the last decade, the UAE invested $60 billion in Africa. In early 2023, the UAE pledged an additional $4.5 billion, specifically for clean energy projects across the continent. Key Investment Sectors   -Infrastructure: The UAE is involved in building roads, bridges, and airports, such as upgrading Ethiopia’s main airport. - Energy: Investments are being made in power plants and ele...