UAE to invest $6.5b in Angola under 44 strategic agreements

Ambassador Maito highlights avenues of cooperation in energy and agriculture

- BY ABDULLA RASHEED

Julio Maiato, Angolan Ambassador to the UAE, has hailed UAE-Angola bilateral ties as “one of the most dynamic and strategically significant partnerships along the Africa-Gulf corridor.”

The UAE plans to invest $6.5 billion in new projects in Angola under 44 agreements across multiple sectors.

Among the most prominent is the partnership with Angola’s Ministry of Agriculture and Forestry to enhance agricultural productivity, build administrative capacity, and bolster regional food security, benefiting both nations through diversified food sources and more resilient value chains.

Masdar is also expanding its investments in renewable energy projects in Angola, leveraging the country’s vast solar potential to diversify energy sources and strengthen infrastructure resilience.