Expanding economic ties open new opportunities for investment, industrial development and regional connectivity
South Africa has reaffirmed the strategic importance of the United Arab Emirates as a key economic partner for Africa, highlighting the expanding trade, investment and development links that are helping strengthen economic cooperation between the Gulf region and the African continent.
Speaking on the sidelines of a Dubai–South Africa Business Forum in Johannesburg, Lester Bouah, Chief Director for Investment Mobilisation at South Africa’s Department of Trade, Industry and Competition, said the UAE has established itself as an important global hub for trade and investment, creating new opportunities for African businesses to access international markets and expand cross-border partnerships.
According to Bouah, economic relations between South Africa and the UAE have gained significant momentum in recent years, supported by growing engagement between government institutions, business leaders and investors. He noted that the strengthening partnership reflects a shared commitment to long-term economic cooperation and sustainable growth.
South Africa views the UAE not only as an important bilateral partner but also as a strategic gateway connecting African economies with global markets. This role, officials say, is becoming increasingly important as African countries seek to diversify trade routes, attract foreign investment and accelerate industrial development, as reported by Emirates News Agency (WAM), a TV BRICS partner.
Trade between the two countries has expanded steadily, with South African exports to the UAE reaching approximately US$2.68 billion. The increase underscores growing market access opportunities and stronger commercial ties between the two economies.
Investment cooperation has also intensified. UAE-backed projects in South Africa have contributed to economic activity across a range of sectors, including renewable energy, logistics, manufacturing, financial services and real estate development. These investments have supported job creation and strengthened confidence in South Africa’s long-term economic potential.
Particular attention is being given to advanced manufacturing and industrial development as South Africa seeks to strengthen domestic production capabilities and increase the value added to locally produced goods. Policymakers believe international partnerships will play a crucial role in achieving these objectives.
Officials also highlighted opportunities for cooperation in renewable energy, advanced technologies, infrastructure development and transport networks. Such collaboration is expected to support broader goals of sustainable development, economic diversification and regional integration.
Beyond trade and investment, both countries are seeking to deepen strategic partnerships built on mutual trust, shared interests and a commitment to expanding cooperation across emerging sectors of the global economy.
African Times published this article in partnership with International Media Network TV BRICS
