ABU DHABI, 14th November, 2026 (WAM) -- The UAE Ministry of Foreign Trade, in collaboration with the Abu Dhabi Chamber of Commerce and Industry, organised a high-level UAE-Mozambique Business Roundtable in Abu Dhabi to strengthen trade and investment cooperation, explore new economic partnership opportunities and expand collaboration between the business communities of both nations. The event was held in the presence of Daniel Francisco Chapo, President of the Republic of Mozambique, who is on an official visit to the UAE.

The roundtable was co-chaired by Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, and Basílio Zefanias Muhate, Minister of Economy of the Republic of Mozambique. It was attended by Sheikh Mohammed bin Khalifa Al Nahyan, Deputy Director of the African Affairs Department at the Ministry of Foreign Affairs; Mansour Al Juwaied, UAE Ambassador to Mozambique; and Khalid bin Hadi, Member of the Board of Directors of the Abu Dhabi Chamber of Commerce and Industry, alongside senior officials, business leaders and representatives of investment institutions and major companies from both countries.

President Chapo said Mozambique looks forward to strengthening its economic and investment partnership with the UAE and drawing on Abu Dhabi's expertise and successful experience, broadening cooperation with Emirati companies and institutions across vital sectors. He highlighted the opportunities created by Mozambique's strategic location, which provides access to regional and international markets, and said the government is working to expand productive capacity by attracting investment in energy, agriculture, tourism, infrastructure and technology.

He outlined the country's priorities: power generation, where Mozambique has significant potential; new industrial facilities that support economic diversification; digital transformation and artificial intelligence across the public and private sectors; and logistics, with the aim of becoming a regional logistics and commercial hub by developing roads, railways, ports and airports.

President Chapo noted that his delegation includes companies from the electricity, digital transformation, tourism and infrastructure sectors. He invited UAE investors and business leaders to visit Mozambique and take part in an upcoming business forum in Maputo and the Mozambique International Investment Conference, affirming his country's readiness to provide investors with the necessary support and facilities.

Al Zeyoudi said: "Mozambique is a trade and investment partner of immense potential. Our goal is to open new avenues for private sector cooperation between our two nations in energy, logistics, agriculture and critical minerals."

Al Zeyoudi noted that bilateral non-oil trade reached US$2.6 billion in 2025, a 91.6% increase compared to 2024, and approximately US$2.5 billion in the first nine months of 2026, close to the full-year total for 2025. He added that the UAE is a key destination for Mozambican exports, including gemstones, precious metals, agricultural products and base metals such as aluminium and copper. Cooperation also extends to joint projects in LNG and renewable energy, with promising opportunities to expand the partnership in mining.

Muhate said: "The UAE has become one of the primary sources of foreign investment in Mozambique in recent years, and we deeply value the confidence that Emirati companies have placed in our economy. We see promising opportunities for our Emirati partners in sectors such as agro-processing, manufacturing, mining and infrastructure."

Khalid bin Hadi said Mozambique's natural resources, agricultural potential and strategic location complement Abu Dhabi's expertise in infrastructure, energy, logistics and international investment, creating broad prospects for cooperation in natural gas, renewable energy, agriculture, logistics and infrastructure. He described the private sector as a cornerstone of the partnership, able to unlock investment opportunities, support industrial growth and create jobs.

Participants also explored cooperation in renewable energy, food security, industrial parks and critical minerals. The two sides signed several agreements and memoranda of understanding covering human resource development, development finance, space science and technology, transport and logistics, and renewable energy.

(Source: WAM.ae)