UAE investments are significantly enhancing Africa’s mining sector through substantial funding and strategic partnerships. Key initiatives include Ambrosia Investment’s acquisition in Mali, AD Ports’ operations in Angola, IHC’s production enhancement in Zambia, and Emiral’s projects in Ghana and Mauritania. The upcoming African Mining Week will further promote cooperation and investment opportunities in the region.
Overview of UAE Investments in African Mining Growth
United Arab Emirates (UAE) investments are significantly enhancing the mining sector across Africa. Key investments include Ambrosia Investment Holding’s acquisition in Mali, AD Ports Group’s operations in Angola, International Holding Company’s improvement efforts in Zambia, and Emiral Mining’s initiatives in Ghana and Mauritania. These strategic partnerships underscore the UAE’s commitment to driving economic growth and energy security in the region.
Ambrosia Enters Malian Market
In February 2025, Ambrosia Investment Holding secured a 50% interest in Canadian Allied Gold’s mining projects valued at $375 million. This investment aims to escalate gold production in Ethiopia and Mali by up to 400,000 ounces per year by 2028. Additionally, Ambrosia’s strategic introduction of solar energy systems at the Sadiola mine by July 2026, focuses on enhancing energy security within the project.
AD Ports Initiates Luanda Operations
AD Ports Group commenced operations at Luanda Port in January 2025, investing $250 million. This port plays a critical role, handling 76% of Angola’s cargo volumes and facilitating trade across Angola, Zambia, and the Democratic Republic of Congo. With plans to further raise investments to $380 million, AD Ports is positioned to adequately support the anticipated growth in container traffic, which is forecasted to increase by 3.3% annually over the next decade.
IHC Enhances Production at Mopani Mine
In January 2025, International Holding Company announced an increase in ore production at Zambia’s Mopani Mine, boosting from 2.2 million tons to 2.8 million tons following their $1.1 billion investment in March 2024. Additionally, the copper grade has improved from 1.68% to 2.21%, and the workforce expanded from 10,765 to 12,684 employees, showcasing the investment’s extensive impact.
Emiral Advances Projects in Ghana and Mauritania
Emiral Mining is expediting its iron ore project in Mauritania, expecting to release a pre-feasibility report in Q1 2025, with $40 million invested since February 2020. In Ghana, Emiral holds a majority stake in Asante Gold Corporation, driving a $522 million expansion at key mines, including Bibiani and Chirano, thus reinforcing the country’s gold production capacity.
Future Investments and Partnerships
Numerous UAE entities are pursuing investment opportunities across African markets. In late 2024, International Resources Holding signed an agreement with South Africa’s Public Investment Corporation to encourage investments in mining and green energy. DP World also announced a $3 billion investment to enhance logistics and facilitate mineral exports. Furthermore, strategic agreements were formed with the UAE Ministry of Investment and Abu Dhabi’s ADQ to bolster Kenya’s mining sector.
African Mining Week 2025
Upcoming African Mining Week, scheduled for October 1-3 in Cape Town, offers an excellent platform for collaboration among UAE and African stakeholders. The event will focus on advancing projects, fostering cooperation, and consolidating Africa’s position as a leading mineral producer under the theme: “From Extraction to Beneficiation: Unlocking Africa’s Mineral Wealth.” Parallel sessions will occur during African Energy Week, emphasizing investment in the energy sector.
Conclusion
Overall, UAE investments are playing a transformative role in the African mining landscape. Through substantial financial inputs and strategic partnerships, investments by entities such as Ambrosia, AD Ports, IHC, and Emiral are enhancing production capabilities, energy security, and infrastructure across the continent. As stakeholders prepare for African Mining Week, the potential for further collaboration and growth in the sector is increasingly promising.
UAE investments are significantly shaping the African mining sector through strategic partnerships and substantial funding. Initiatives by Ambrosia, AD Ports, International Holding Company, and Emiral underscore a commitment to enhancing production, energy security, and logistical infrastructure. As entities prepare for collaborative opportunities at the upcoming African Mining Week, the future of mining in Africa appears promising, fostering further economic growth and development in the region.
Original Source: www.zawya.com
