Sharif Salim Al-Olama, Undersecretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure of the United Arab Emirates (UAE) has joined African Energy Week (AEW): Invest in African Energies to discuss collaborative opportunities in oil and gas. Taking place on September 29 to October 3 in Cape Town, the event is the premier platform for Africa’s energy industry. Al-Olama’s participation is expected to open new doors for multilateral deals and partnerships.
The UAE has emerged as Africa’s largest source of foreign direct investment, with investments from Emirati companies totaling $110 billion between 2019 and 2023. This reflects a broader trend by Emirati companies to expand their portfolios in Africa, with strengthened cooperation set to unlock a wealth of development opportunities for African nations. As African countries pursue new sources of finance to advance projects in oil, gas and logistics, UAE expertise and technology will prove invaluable. During AEW: Invest in African Energies 2025, Al-Olama is expected to share insights into opportunities for UAE-Africa collaboration.
AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit http://www.AECWeek.com for more information about this exciting event.
Looking to consolidate its position as a major player in Africa’s energy landscape, the UAE has strengthened ties with African nations in recent months. A deal signed with Morocco will see the UAE support the development of the Africa-Atlantic gas pipeline – transporting Nigerian gas to North Africa and then on to Europe. The UAE will help mobilize financing for the project through its Abu Dhabi sovereign wealth fund. As of May 2025, the feasibility and preliminary engineering studies for the pipeline were complete. Agreements have also been signed with Tanzania for the operation and modernization of port infrastructure while the UAE and Kenya signed a landmark comprehensive economic partnership agreement in 2025. The UAE also launched the UAE-Africa Gateway initiative in 2025, aimed at enhancing investment opportunities for Emirati companies in the sub-Saharan African region. The initiative seeks to mobilize private sector investment to advance African projects and strengthen UAE-Africa cooperation.
The UAE’s state-owned oil and gas companies are also expanding their presence in Africa. Notably, Abu Dhabi National Oil Company (ADNOC) is deepening its footprint across the continent, with strategic investments in exploration and infrastructure development. Recent milestones include ADNOC’s international arm XRG acquiring a 10% stake in Mozambique’s offshore Rovuma Basin Area 4 concession. The acquisition includes stakes in the operational Coral South FLNG project, the planned Coral North FLNG project and the Rovuma LNG projects. Collectively, these projects have a target production capacity of 25 million tons per annum. In Egypt, ADNOC partnered with energy major bp to establish Arcius Energy – a natural gas platform to unlock the country’s upstream potential. The platform aligns with ADNOC’s international expansion plans.
Beyond oil and gas, UAE-based companies have played an instrumental role in strengthening Africa’s trade and logistics sector. Companies such as DP World and Abu Dhabi Ports have expanded their presence across the continent. DP World operates six African ports while Abu Dhabi Ports have recently extended operations into Guinea, Egypt and Angola. In the clean energy space, Emirati companies are leading projects in solar, green hydrogen and power. Notably, Masdar has committed $2 billion to renewable energy projects in Africa through 2030, unlocking significant opportunities for African countries. AMEA Power is investing in a series of renewable energy projects across the continent, including $620 million in a 300MW wind project in Ethiopia; a 120 million solar project in South Africa; a 1GW green hydrogen development in Mauritania; two battery storage projects in South Africa; a 150 MW solar plant in Angola; among others. Currently, the company has more than 2.6 GW of clean energy projects either in operation of under construction in Burkina Faso, Djibouti, Egypt, Ivory Coast, Morocco, Togo and Tunisia.
“The UAE has emerged as a strong partner for African countries seeking to advance the development of their oil, gas, clean energy and infrastructure industries. By expanding their presence across the market, partnering with African firms and mobilizing capital for impactful projects, Emirati companies are playing a major role in supporting Africa’s economic growth,” states Verner Ayukegba, Senior Vice President, African Energy Chamber.
Africa Fact: Monomotapa had a social welfare system. Antonio Bocarro, a Portuguese contemporary, informs us that the Emperor: “shows great charity to the blind and maimed, for these are called the king’s poor, and have land and revenues for their subsistence, and when they wish to pass through the kingdoms, wherever they come food and drinks are given to them at the public cost as long as they remain there, and when they leave that place to go to another they are provided with what is necessary for their journey, and a guide, and some one to carry their wallet to the next village. In every place where they come there is the same obligation.”
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