UAE, for instance, has become one of the continent's top investors, investing billions of dollars in infrastructure-supporting development projects.

The Middle East, mainly the Gulf Cooperation Council (GCC), has established close links with African nations in generating positive energy, healthcare, and agriculture.

The investment dynamics between the Gulf and Africa are quite promising, as seen by both emerging regions' anticipated post-pandemic economic growth, even though many economies are still experiencing the effects of COVID-19.

This optimistic outlook builds on the long-standing, strong ties that exist between the two regions.

According to a recent report by the Dubai Chamber of Commerce, sub-Saharan Africa received 88 percent of the GCC's investments.

Saudi Arabia is a significant investor in the African agrobusiness sector, focusing on the enormous potential of the farmlands in East Africa to address significant obstacles like food security.

Around USD 4 billion has been invested by the Kingdom's sovereign wealth fund in a number of industries across Africa, including mining, telecommunications, and energy.

Given the projected growth of Africa, the GCC is expected to maintain its significant investment interest.

Though the continent had a contraction in 2020 as a result of the epidemic, it was able to quickly recover, achieving a 6.9 percent increase in GDP the following year.

Given the Middle East's ongoing economic revival, it makes good business sense for Gulf investors to look to Africa as a potential investment location.

These governments understand the value of using foreign investments as part of their income diversification efforts, and as a result, many investment possibilities in a variety of African industries have become available.

The abundance of opportunities will boost infrastructure, transportation, food, water, and energy security.

The increasing interest of investors in investing in African areas like mining, tourism, healthcare, and finance should also be noted.

Additionally, recent research by the IFC shows that investment in internet infrastructure in Africa could boost the continent's GDP by an estimated USD 180 billion by 2025.

As we overcome the infrastructure and energy gaps, the GCC investments in Sub-Saharan Africa will also have a significant positive influence on job creation and skill development.

Africa is open for business and offers a wide range of options.