Post by : Mara Rahim
Dr. Thani bin Ahmed Al Zeyoudi, the UAE Minister of Foreign Trade, embarked on a diplomatic mission to Gabon with the intent of enhancing economic ties between the two nations. He had a productive meeting with President General Brice Clotaire Oligui Nguema, relaying warm regards from the UAE leadership in hopes of continued peace and prosperity for Gabon. Accompanied by UAE Ambassador Salem Al Shamsi, Al Zeyoudi focused on expanding collaboration in vital sectors including energy, mining, logistics, and digital transformation.
In addition to his discussions with President Nguema, Al Zeyoudi met several Gabonese ministers such as Gilles Nembe, Minister of Mining and Energy; Louise Mvono, Minister of Petroleum and Planning; and Arthur Lemami, Director of Cabinet for the President. Their talks revolved around identifying new avenues for partnership that would foster long-lasting economic development in both countries.
The first nine months of 2025 witnessed UAE’s non-oil trade with Gabon reaching US$238.1 million, a remarkable rise of 36.9% compared to 2023. This surge underscores the growing potential for more robust economic interaction and reflects the progress of existing efforts to solidify bilateral relations. Al Zeyoudi remarked that this visit exemplifies the UAE’s determination to enhance its links with Gabon and to cultivate opportunities that underpin sustainable economic growth.
During their discussions, both countries acknowledged the significance of promoting trade and investment flows. They also explored fresh avenues for private sector cooperation, particularly through the UAE’s CEPA initiative. This programme leverages trade and investment partnerships to propel business expansion and economic advancement. The UAE currently operates CEPA agreements with five African nations, with another agreement actively in effect, and aims to expand its free trade framework across the continent.
At the conclusion of the meetings, both Gabon and the UAE expressed eagerness for future agreements that would facilitate increased bilateral trade and investment. The UAE is dedicated to strengthening its rapport with African nations, recognizing the pivotal role the continent plays in global economic dynamics. In 2024, the non-oil trade between the UAE and Africa reached US$112 billion, signifying a 34% increment from the previous year.
Consistently among the largest investors in Africa, the UAE has invested over US$110 billion from 2019 to 2024. Through these expanding partnerships and mutual objectives, the UAE aims to champion sustainable and inclusive growth throughout the continent while generating valuable opportunities for both parties.
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