Look at the main economic and strategic places throughout Africa – the ports producing the ports for the major trade corridors, important minerals, large renewable energy projects – and you will find the United Arab Emirates.As the United States and, to some extent, China reduces its investment, assistance and appearance on the continent, the Emirates is using its vast money to fill the zero.The Persian Gulf Investment in Africa, mainly by Emirates, has exploded in recent years. Since 2019, 110 billion dollars deals – most firms were tightly aligned with the ruling powers – the dwarf amount vowed by any other country has been announced. “UAE is turning into a major foreign player”. In most parts of Africa, said Anna Jacobs, a non -friend of the Arab Gulf States Institute in Washington.Jacobs said that to become a world leader, especially in finance and technology, there is a possibility of strengthening under President Trump. The President, seeking to pull money for the United States, paved the way for the sale of American advanced artificial intelligence chips this week.Like other oil -producing countries in the Persian Gulf, Emirates seems to have its economy a variety away from fossil fuels, and it sees Africa as an essential part of the plan. The continent has a huge mineral resources, a growing population, agricultural capacity and a strategically important place on the border of Indian and Atlantic Oceans along with red and Mediterranean Sea.The powerhouse Emirati Corporation in Dubai and Abu Dhabi is in dozens of countries in Africa with political relations.AMEA Power is already planned to build or expand clean power plants in Burkina Faso, Djibouti, Egypt, Egypt, Ethiopia, Ivory Coast, Kenya, Morocco, South Africa, Togo, Tunisia and Uganda. Abu Dhabi National Energy has projects in Morocco, Senegal and South Africa.DP World, Gargantuan government-supported port and logistics operator, have invested billions of dollars in ports from Algeria to Zambia and billions of dollars, including Barbara Port City in the Somaliland’s Breakawaway Republic, where the Emirates also has a military base.Last year, Emirati International Holding invested over $ 1 billion for a 51% stake in Mopney Copper Mines in Zambia.The expenditure in Egypt has also increased. Last year, Emirates agreed to invest $ 35 billion to develop a new city and tourist destination on the Egyptian Mediterranean coast.Once the largest foreign investor on the continent through its belt and road initiative, China still has a major appearance, but Beijing has withdrawn after a series of debt crises at Africa and home in recent years.In 2022 and 2023, Emirates announced a total investment of $ 97 billion in Africa – a total of three times, according to FDI markets, a database of foreign investment. The US investment in 2023 was around $ 10 billion.Meanwhile, Trump has rapidly tracked the US out of Africa, abolished billions of dollars in funding, destroyed USAID and ended all contributions to the African Development Bank.
