Ajman Chamber Explores Enhancing Investments and Trade with Angola
Business leaders from Ajman and Angola are working to expand trade and investment ties between the UAE emirate and the African nation. The Ajman Chamber of Commerce met with Angola's consul general to explore new partnerships across agriculture, energy, technology, and services sectors.
Abdullah bin Mohammed Al Muwaiji, chairman of Ajman Chamber, hosted Isabel Paula do Castro, Angola's consul general for Dubai and the Northern Emirates. The meeting focused on finding practical ways to boost bilateral trade and create mutual investment opportunities.
Al Muwaiji praised the existing economic relationship between the UAE and Angola, noting that both countries' leadership remains committed to deepening cooperation. He pointed to significant untapped potential in multiple sectors that could benefit both sides.
The discussion highlighted specific areas where Ajman and Angola could work together more closely. Agriculture and food production emerged as key opportunities, along with energy projects, technology transfer, and service sector partnerships. These collaborations could create new business networks and strengthen economic ties between the regions.
Current trade data between Ajman and Angola shows room for substantial growth, according to Al Muwaiji. The numbers suggest that with focused effort, both sides could reach much higher levels of commercial exchange.
Fatima Yaqoub Al Awadi, head of investment attraction at Ajman Chamber, presented the emirate's business advantages to the Angolan delegation. She outlined Ajman's investor-friendly environment and modern infrastructure that supports business growth. The presentation covered investment opportunities in manufacturing, commerce, tourism, services, education, and healthcare sectors.
Both sides agreed on concrete next steps to move the relationship forward. They recommended sharing trade statistics and economic data more regularly. The meeting also emphasized organizing business forums where investors and entrepreneurs from both regions could meet directly.
Exchange visits between business communities emerged as another priority. These trips would let investors see opportunities firsthand and build the personal relationships that often drive successful international partnerships.
Do Castro stressed Angola's diverse economic strengths and how new cooperation channels could benefit both regions. She sees these partnerships playing a major role in supporting business growth on both sides.
The meeting represents part of broader efforts by UAE emirates to strengthen ties with African markets. Angola, with its oil resources and growing economy, offers particular appeal for UAE businesses looking to expand their African presence.
Layla Al Mansoori