Trump Arrives in China for High-Stakes Xi Talks

US President Donald Trump arrived in Beijing...

Oman Signs $250m Deal to Launch Electric Vehicle Project in Duqm

Oman has signed a major agreement to...

Oman and Canada Deepen Economic and Diplomatic Ties

Oman and Canada are continuing to expand...
HomeBusinessQatar’s Al Mansour...

Qatar’s Al Mansour Expands Africa Presence with $20 Billion Mozambique Investment

Qatar’s Al Mansour Holding has signed a landmark $20 billion agreement with Mozambique to support strategic sectors. The deal will drive development in energy and agriculture while reinforcing Qatari investment in Africa as a force for growth.

Moreover, Mozambique’s government emphasized that this partnership reflects its national priorities. The agreement aims to strengthen infrastructure, create jobs, and modernize agriculture. Therefore, it also highlights Qatar’s growing role in shaping the continent’s economic future through targeted and long-term projects.

Additionally, Al Mansour Holding has pursued an aggressive investment strategy across Africa. Recently, the firm announced multibillion-dollar partnerships in the Democratic Republic of Congo, Zambia, and Botswana. Consequently, these deals, combined with the Mozambique agreement, show the scale of Qatari investment in Africa.

Earlier this week, the company also revealed the purchase of a 19.9% stake in Australia’s Invictus Energy. That deal will finance a major gas project in Zimbabwe. Furthermore, this adds to the firm’s expanding global energy portfolio and strengthens its renewable energy ambitions.

Speaking after his meeting with President Daniel Chapo, Al Mansour Holding’s chairman stressed a long-term commitment. He underlined that the company seeks to build and complement rather than compete. As a result, Mozambique’s leadership welcomed the investment as a path to sustainable development.

In addition, Zambia’s President Hakainde Hichilema recently announced a $19 billion pledge from Al Mansour Holding. These investments reveal a broader strategy aimed at positioning Qatar as a reliable partner for African nations seeking infrastructure, energy, and agricultural growth.

Meanwhile, Africa’s vast land resources, limited infrastructure, and rich mineral deposits continue to attract global attention. Middle Eastern investors, alongside rivals like China and the United States, are expanding their influence. However, Qatar stands out for its willingness to invest at scale.

Ultimately, the Mozambique deal reinforces the role of Qatari investment in Africa in reshaping the continent’s economic landscape. By committing billions, Al Mansour Holding demonstrates Qatar’s determination to remain a long-term partner in Africa’s future.

Submit Your Article

Share your story with Khaleej Telegraph readers

Minimum 300 words recommended

Our editorial team will review your submission within 48 hours

Continue reading

Dubai Customs Foils Rare Bear Smuggling Attempt

Dubai Customs has intercepted a wildlife smuggling attempt at Dubai International Airport after officers discovered rare endangered bears concealed inside a passenger’s luggage. Authorities said the incident involved an Asian traveller arriving in the UAE whose suitcase was flagged during...

Bahrain Journalists Mourn Makki Hassan Al-Akri

The Bahraini Journalists Association has announced the death of journalist Makki Hassan Al-Akri, paying tribute to his long-standing contributions to Bahrain’s media landscape and his reputation for professionalism within the industry. In a statement issued on Thursday, the association expressed...

India Condemns Maritime Attack Near Oman Waters

India has condemned an attack targeting a commercial vessel near the coast of Oman, describing the incident as unacceptable amid growing security concerns in regional waters. In a statement issued on Thursday, India’s foreign ministry said civilian shipping and crew...