UAE-based AD Ports Group (Abu Dhabi Ports Group) has announced that it will start operations at Angola's Luanda Port in January 2025 with an investment of USD 250 million.
Connecting Angola, Zambia and the Democratic Republic of Congo to international markets, the port handles 76% of Angola's total cargo volume. In line with growing demand, the company plans to increase the investment to USD 380 million and strengthen the region's mining logistics.
In Zambia, International Holding Company (IHC) increased production at the Mopani Copper Mine from 2.2 million tons to 2.8 million tons. Thanks to a USD 1.1 billion investment in March 2024, copper ore grade increased from 1.68% to 2.21% and the number of jobs increased from 10,765 to 12,684. The company is expanding Zambia's mining capacity, contributing to regional exports.
Emiral Mining is accelerating its iron ore project in Mauritania and expanding gold production in Ghana through Asante Gold Corporation. The company is conducting a USD 522 million expansion program in Ghana, while continuing feasibility studies in Mauritania. On the other hand, Ambrosia Investment Holding aims to significantly increase the annual production capacity of the region by 2028 by transferring USD 375 million in capital to gold projects in Mali and Ethiopia.
UAE public and private actors are planning new investments in mining and logistics projects in markets such as South Africa and Kenya. Africa Mining Week, which will be held in Cape Town on October 1-3, 2025, offers investors in the UAE and Africa the opportunity to develop strategic collaborations and assess the continent's mineral wealth. Africa's strong resource infrastructure promises investors long-term and sustainable growth opportunities.
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