GoKawiilGulf sovereign wealth funds ramp up long-term bets on African economies
Sovereign wealth funds from the Gulf, including ADIA, PIF, Mubadala, QIA and ADQ, are directing a growing share of their capital into Africa, targeting energy, logistics, critical minerals and digital infrastructure. Countries such as Egypt, Morocco, Zambia, the DRC, Kenya, Nigeria, Angola and South Africa are being assessed individually based on their distinct economic strengths. An IMF working paper from September 2025 found that GCC outbound investment correlates positively with non-hydrocarbon GDP growth in the Gulf itself.