Pressdia Ad

United Arab Emirates Plans to Conclude Trade Deal with Chad by End of 2025

The United Arab Emirates (UAE) is in advanced discussions with Chad to finalize a comprehensive trade and investment agreement by the end of 2025, marking a significant step in deepening economic ties between the Gulf state and Central Africa.

According to Business Insider Africa, the proposed deal will cover sectors including energy, agriculture, logistics, and mining, with the aim of boosting bilateral trade and creating a framework for private sector investment in Chad’s emerging markets. The UAE government said the agreement aligns with its broader strategy to strengthen partnerships across Africa under its “Global Gateway for Growth” initiative.

Chadian Minister of Economy and Planning Issa Doubragne described the negotiations as “a milestone in Chad’s economic diversification journey,” noting that Emirati investments could accelerate the country’s industrial and infrastructure development. “We see the UAE as a strategic partner for long-term stability and shared growth,” he said.

Officials familiar with the talks told Reuters that the agreement could pave the way for multi-billion-dollar infrastructure and energy projects, including renewable power development and logistics hubs to connect Central Africa to Gulf markets.

The UAE has been expanding its influence across Africa through strategic trade pacts and investments. This follows recent agreements with Kenya, Tanzania, and the Republic of Congo, underscoring Abu Dhabi’s growing role as a key economic player on the continent.

Pressdia Ad

Subscribe to Newsletter

Get the latest in luxury, business, and elite trends—subscribe now!

Pressdia Ad

Subscribe

Latest Posts

KCM Signs $498 Million China NERIN Deal to Expand Zambia Copper Production

Zambia’s Konkola Copper Mines (KCM), majority owned by Vedanta, has signed...

Burna Boy to Headline NFL Paris Game Halftime Show as Afrobeats Takes Centre Stage

Nigerian Afrobeats star Burna Boy will headline the halftime show at...

President Emmanuel Macron Hosts Tinubu at Élysée Palace as Nigeria and France Deepen Bilateral Ties

French President Emmanuel Macron hosted Nigerian President Bola Ahmed Tinubu for...

Apple TV Launches in Nigeria With Subscription Starting at ₦1,300 a Month

Apple has officially brought Apple TV to Nigeria for the first...

Redeemer’s Health Village Performs First Robotic Surgery as Nigeria Expands Advanced Healthcare

Redeemer’s Health Village in Ogun State has successfully completed its first...

5 Sports Dramas You Should Binge Watch this Month

Sports dramas have a unique way of turning competition into compelling...

Meet Tolu Afilaka The Media Creative Turning Conversations Into Influence

Tolu Afilaka is building a distinctive place for himself in Africa’s...

African Women Turning Purpose into Impact Across Sustainability Agriculture Education and Media

Across sustainability, conservation, agriculture, education and communications, African women are creating...

Related Posts

LEAVE A REPLY

Please enter your comment!
Please enter your name here