
What Trump can learn from the Gulf about doing business in Africa
Four years ago, DP World signed a $1 billion trade corridor agreement with the Ethiopian government. The plan: link the logistics giant's port in Berbera, Somaliland, with Ethiopia — a landlocked nation of 120 million people. It wasn't aid. It wasn't a photo op. It was business: strategic, long-term, unapologetically calculated.
During my seven years as Dubai Chamber's Chief Representative for Ethiopia covering the Horn of Africa region, I saw the impact of bold, early investment. The Gulf didn't wait for African markets to 'stabilise'. It moved quickly — into ports, infrastructure, agribusiness, and tech — while others hesitated.
Now, as the Trump White House prepares to host an Africa trade and investment summit, the US has a chance to reposition itself. But that means showing up with more than handshakes. It means taking Africa seriously — the way the Gulf, and China, already do.
Bet early bet big
In many sectors, the UAE has already outpaced China. In 2022 and 2023, the UAE committed $97 billion to new investments across Africa — spanning sectors such as renewable energy, ports, mining, real estate, telecoms, agriculture, and manufacturing, according to fDi Markets. These aren't vanity projects. They're strategic investments designed to serve both Gulf supply chains and African growth.
Saudi Arabia is moving too. In 2024, it pledged $41 billion in funding to low-income Sub-Saharan countries.
By contrast, the US has remained cautious and slow. But Trump's deal-making instincts could resonate in Africa — home to some of the world's fastest-growing economies and increasingly pragmatic leadership. The danger is doing the deals without a plan. Without a long-term strategy, it's just another missed opportunity.
From aid to trade
Africa doesn't need charity. It needs business — fair, forward-looking, and grounded in mutual benefit. The African Continental Free Trade Area (AfCFTA) is set to become a $3.4 trillion economic bloc, connecting over 50 countries and 1.3 billion people. It will be the largest single market in the world by number of participants.
The Gulf got the memo years ago. Sovereign wealth funds like ADQ and Mubadala are investing in logistics, food processing, and digital infrastructure — not as favors, but because the returns are real. China moved even earlier with its Belt and Road Initiative, though not without missteps.
If the US wants to compete, it needs to move beyond outdated aid frameworks — and focus on deals that still matter a decade from now.
Engage the diaspora and mean it
As the US representative for the Pan African Chamber of Commerce, I've watched too many diaspora professionals left out of investment conversations. That's a mistake.
The Gulf is doing the opposite. Investors are tapping diaspora talent — especially in fintech, logistics, and health tech — because they know how to navigate both worlds. Nigerian-Americans, for example, are among the most educated and economically active US immigrant communities. But their insight rarely informs US-Africa strategy.
A smarter approach would bring them in — not as symbolic advisers, but as partners driving capital and execution.
Don't sleep on agribusiness
Africa's food economy is expected to reach $1 trillion by 2030, according to the African Development Bank. The Gulf is already investing in agritech, cold storage, and processing — not just for African markets, but to secure its own food systems.
The US, despite its global leadership in agricultural tech, has been largely absent. That's a lost opportunity. Trump's team should prioritise cross-border agricultural ventures tied to AfCFTA — projects that generate jobs and deliver returns for US investors.
AGOA is no longer enough
China is now moving to offer African countries tariff-free access to its market — just as America's African Growth and Opportunity Act (AGOA) is set to expire in 2025.
AGOA has had an impact, but it hasn't shifted supply chains or brought in the long-term capital Africa needs. In some cases, it's even delayed the push toward more sustainable and competitive industries.
Africa now needs a new framework — one that supports value-added production, regional integration, and smarter financing to reduce risk for investors.
If Trump wants to create something meaningful in the US, he should look to the playbook of sovereign wealth funds like Abu Dhabi's ADQ or Saudi Arabia's PIF — both deeply invested in Africa, both thinking long term.
The bottom line
Over two decades working across US, and African markets, I've learned this: Africa doesn't need more handouts. It needs real partners.
The Gulf got that early. China moved even faster. The US still has a shot — but only if it brings capital, consistency, and a clear strategy to the table.
Doing business in Africa isn't without risk — as DP World experienced when Djibouti's government seized control of a container terminal it had built and operated, prompting international arbitration where the logistics giant was awarded $200 million in damages.
But the investment landscape is changing. More African leaders are increasingly thinking like investors. Rwanda secured a 60 per cent investment from Qatar Airways in its $1.3 billion international airport — and likely a stake in its state airline.
Etihad, meanwhile, has signed a codeshare deal with Ethiopian Airlines, Africa's largest carrier, connecting Abu Dhabi to most capitals on the continent. Both are smart plays — linking the Gulf to fast-growing economies and underserved aviation markets, with long-term returns for Doha and the UAE.
Trump talks a lot about winning. In Africa, the next frontier for global growth, winning starts with showing up — and staying the course.
The writer is a US-based global business strategist and Founder of Teba Connects.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Al Etihad
29 minutes ago
- Al Etihad
UAE premier strategic partner: French Trade Minister
20 June 2025 17:43 PARIS (WAM)Laurent Saint-Martin, France's Delegate Minister for Foreign Trade and French Nationals Abroad, said that the UAE holds a top-tier position in France's economic and trade policy in the Gulf region. He emphasised the depth and distinction of bilateral relations, particularly on the economic and diplomatic statements to the Emirates News Agency (WAM), on the sidelines of the 'Vision Golfe 2025', organised by the French government at the headquarters of the Ministries of Economy and Finance in Paris, Minister Laurent Saint-Martin praised the exceptional momentum in the UAE-France partnership and called for elevating cooperation to new levels, especially in industry, renewable energy, digital economy, and innovation.'The UAE is undoubtedly a priority for France among Gulf nations,' said the minister. 'It is not only a key regional and economic force, but also a modern, dynamic development model that aligns with our vision for future international relations, rooted in innovation, sustainability, and openness.'He added that France seeks to strengthen partnerships with countries that share its strategic outlook and values, stating that the UAE stands out as an ideal partner in this economic ties, Minister Saint-Martin noted that France has maintained one of the oldest and most solid records of trade and investment relations with the UAE in the Gulf region. These ties, he said, are built not on chance or temporary alliances, but on mutual trust, understanding, and long-term respect.'We have worked with the UAE for decades, and we take pride in what our companies have achieved in the Emirati market,' he said. 'Today, we have a real opportunity to expand this cooperation in line with global economic shifts, through innovation-driven, high-quality partnerships.'He urged the business communities in both countries to seize the current momentum and strengthen ties between Emirati and French companies, particularly in advanced technologies, artificial intelligence, and green transformation.'We must move beyond traditional cooperation toward productive, integrated partnerships. Our companies need to collaborate more effectively and cohesively.'On the diplomatic front, Minister Saint-Martin described UAE-France relations as solid and time-tested, backed by continuous dialogue and strategic coordination on multiple fronts, both bilaterally and in international stressed that France views the UAE as a long-term strategic partner, expressing confidence that cooperation is poised to grow further amid evolving global challenges. 'We live in a fast-changing world,' he concluded, 'and global challenges, whether environmental, digital, or economic, require trusted, forward-looking partners. The UAE is undoubtedly one of the most prominent among them.'


The National
43 minutes ago
- The National
Omniyat's new landmark to ‘illuminate' the ultra-luxury commercial workspace sector on famous Dubai route
Leading luxury real estate developer Omniyat is extending its vision for ultra-luxury commercial workspaces with a futuristic new landmark on Sheikh Zayed Road. The 48-storey Lumena tower will set a new standard for workplace environments in the region upon completion in the third quarter of 2029, says the UAE developer. The announcement follows what is describes as the unprecedented success of Enara by Omniyat and - with a gross development value of Dh3.6 billion - represents a 'benchmark in ultra-luxury commercial development'. Lumena is located on Sheikh Zayed Road in the Burj Khalifa district, at the intersection of Business Bay and Downtown Dubai. Its eye-catching slender form and elevated architectural profile make it strategically designed to maximise views of Burj Khalifa, Downtown Dubai, and Jumeirah Beach. A series of cantilevered structures throughout the tower will deliver unique vantage points as well as exceptional shared amenities, including Lumina's signature feature, the 'breathtaking' Sky Theatre, which Omniyat is billing as a never-before-seen amenity for a commercial tower in Dubai. Lumena was launched at the Museum of the Future with a memorable sound and light show on June 18. An architectural model of the project is on display in Studio 12 at The Opus by Omniyat until June 22, providing a 'glimpse into the future' of Dubai's commercial spaces. Omniyat says it continues to lead the way in the ultra-luxury commercial workspace segment, underlined by Lumena; it describes it as work of 'architectural mastery' where every line draws upward, and every space is designed to inspire clarity, confidence, and command. Mahdi Amjad, Omniyat founder and executive chairman, has branded Lumena as 'the future of commercial real estate' in Dubai. 'With its location, design and integrated amenities, we are creating a new paradigm for commercial real estate that aligns with how the next generation of leaders want to work and live,' he says. 'Leveraging technology, innovation and future-proof design, Lumena's sculpted façade reflects both architectural brilliance and the effortless flow of ideas, ambition and enterprise.' The development's inspirational name draws from the Latin word for illumination (lumen) and 'ena', a Japanese word that suggests a blessing. Omniyat says Lumena symbolises clarity, purpose, and forward momentum with a design that integrates panoramic views with natural materials and biophilic elements, bringing light, greenery, and airflow into the workspace to promote wellbeing, productivity, and performance. Every element, from its sculpted façade to double height glazing and natural textures, is engineered for both form and function. And with a key location near Business Bay metro station, Lumena will be well connected to Dubai's prime business, retail and lifestyle hubs and - close to Downtown and Burj Khalifa - minutes away from major city attractions. Dubai International Airport can be reached in 13 minutes. Each of the 91 shell-and-core office units – offered as half floor and full floor offices – has been designed with customisation and efficiency in development is being engineered for optimal efficiency, featuring flexible floorplates with minimal columns, a rear-core layout, and clear ceiling heights of 3m within office areas. Units are being offered with full fit-out flexibility so buyers and tenants can customise layouts, while a palatial use of space, including high ceilings and full height windows, ushers openness and light. Onmiyat says superior service is built into the core experience across its portfolio of 'unparalleled' residential, commercial and hospitality properties. So a full suite of concierge offerings will include reception, meeting room management, spa and wellness coordination, lifestyle bookings, personal services, and bespoke experiences, such as event planning, luxury travel arrangements, and private shopping. Managed by Omniyat, these five-star services will draw from the brand's experience delivering high-touch hospitality across its award-winning commercial towers, residences and hotels, including Enara by Omniyat, and The Opus. Lumena has been designed to meet the latest British Council for Offices (BCO) standards, supporting occupancy density of one person per 10 sqm while maintaining spacious, high-end environments. And the developer is targeting multiple world-class certifications, reflecting commitment to sustainability, occupant wellbeing, and technological integration. These include LEED Platinum certification - the world's highest rating for sustainable commercial developments - while Lumena is projected to achieve Platinum WELL Certification from the WELL Building Standard, plus Platinum WiredScore and SmartScore Certifications, the global standards for digitally connected and technologically advanced smart buildings. On the upper office floors, occupants will have exclusive access to the Executive Club. A purpose-built environment that integrates luxury, discretion, and convenience, the dedicated space will feature private lounges, meeting zones, and concierge support, all tailored to the needs of senior decision-makers. Meanwhile, at the building summit, the Sky Theatre will offer a stunning venue for high-level forums, product launches, and executive gatherings - with panoramic views across Dubai. Advanced acoustics, LED walls, and modular seating will support a variety of functions. And with wellness central to Lumena's philosophy, the Executive Wellness Suite is set to feature high-performance training and recovery zones, designed to support peak physical and mental performance. Another highlight, the Sky Pool, will be suspended above the city and surrounded by biophilic landscaping to deliver a 'rare sense of stillness and perspective'. With the addition of a business club on Level 34, the tower seeks to offer a future-forward take on work-life synergy. Internationally renowned architects and consultants will help realise Lumena, including amenities integrated across the tower and podium to support productivity, wellness, and world-class executive-level experiences. The interconnected podium will house six curated retail concepts, fine dining, and wellness and lifestyle facilities designed to serve building occupants as well guests from the Business Bay and Downtown communities. With dual vehicular access points they will be able to easily utilise the property's 1,000-plus parking spaces, including designated areas for office use, retail operations, and visitors. Lumena builds on the success of The Opus and Enara as the next evolution in an Omniyat portfolio designed for business leaders, creatives, and innovators seeking workspaces that reflect growth and ambition. 'This exceptional project reflects Omniyat's ongoing commitment to shaping the commercial landmarks of tomorrow,' adds Mr Amjad. By mastering what the homegrown company calls 'The Art of Elevation', and merging ultra-luxury with curated living, it pledges to deliver bespoke designs and experiences encasing residential, hospitality, and retail spaces, alongside its other iconic masterpieces, including One at Palm Jumeirah Residences, ORLA, and The Lana.


The National
44 minutes ago
- The National
UAE evacuates citizens and residents from Iran amid conflict
The UAE on Friday announced it had evacuated 'a number of citizens and residents' stranded in Iran due to the conflict with Israel. The evacuees were flown to the Emirates in rescue missions carried out with the support of Iranian authorities, state news agency Wam reported. Airspace was closed over Iran and other countries in the region after Israel launched a wave of missile attacks on Tehran last Friday. Iran and Israel have continued to exchange fire in the days since. The hostilities have caused widespread travel disruption, with many airlines suspending and rerouting flights in response. The UAE said it was involved in extensive diplomatic efforts to de-escalate the deepening crisis in the region and restore stability and security. Emirati authorities did not say how many citizens and residents were flown out of Iran under the humanitarian campaign. UAE support The UAE on Tuesday announced it would waive overstay fines for Iranian citizens facing delays leaving the Emirates because of travel restrictions imposed due to the Israel-Iran conflict. The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) said the measures would apply to residents and visitors holding any type of entry visa. The decision has been made under the directives of President Sheikh Mohamed in solidarity with those caught up in 'exceptional circumstances' affecting the region.