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The Supremacy of Gulf Cements in the African Renewable Energy Sector


The UAE is now a major investor in renewable energy in Africa and serves as a focal point for the continent's energy industry.

With only 11 million citizens, the United Arab Emirates has emerged as one of the biggest, if not the biggest, sources of foreign investment flows into Africa in recent years. In the rapidly expanding field of renewable energy, Emirati businesses have been especially active. Approximately $70 billion of the $110 billion that Emiratis invested in Africa between 2019 and 2023 went toward green infrastructure and renewable energy, according to UAE government statistics.

The UAE is reaching out to everyone. The chairman of AMEA Power, a company based in Dubai and one of Africa's biggest investors in renewable energy, states, "We are a center between Asia and Africa." He continues, "Emirati entrepreneurs naturally want to seek opportunities internationally, including in Africa, because of the limited size of the domestic market."

In recent years, businesses and investment firms from other Gulf Cooperation Council (GCC) nations, including Saudi Arabia and Qatar, have become more active in the African renewables market in addition to the United Arab Emirates.

Although the Gulf states' oil and gas industries contributed to their enormous wealth, they are quickly rising to prominence in the field of renewable energy. They now have such a huge lead in Africa's renewable energy race that it is doubtful that anyone else will be able to catch up.


Source : https://african.business/
Posted on :4/7/2026