While collaborations between businesses in Africa and the Middle East may vary across industries, several successful partnerships demonstrate the mutual benefits and shared successes that can arise from cross-continental collaboration.
Here are a few case studies highlighting thriving business collaborations between Africa and the Middle East:
- DP World and Somaliland Port Development:
- Collaboration Overview: Dubai-based DP World has been involved in a significant collaboration with the government of Somaliland for the development and management of the Berbera Port. The partnership includes the expansion of the port and the development of related infrastructure.
- Mutual Benefits: This collaboration provides mutual benefits by enhancing trade connectivity between the Middle East and East Africa. DP World gains strategic access to the Red Sea and the Horn of Africa, while Somaliland benefits from increased economic activity, job creation, and improved infrastructure.
- Etisalat’s Investment in Sub-Saharan Africa:
- Collaboration Overview: Etisalat, a telecommunications company based in the UAE, has made strategic investments in several African countries, including Nigeria and Egypt. The company has partnered with local operators and governments to expand its footprint in the African telecom market.
- Mutual Benefits: Etisalat’s investments contribute to the growth of the telecommunications sector in Sub-Saharan Africa, providing improved connectivity and services. Local economies benefit from increased foreign direct investment, job creation, and the transfer of technological know-how.
- Olam International and Agribusiness in Nigeria:
- Collaboration Overview: Olam International, a global agribusiness headquartered in Singapore with significant operations in the Middle East, has established successful collaborations in Nigeria’s agricultural sector. The company engages in various agricultural value chains, including sourcing and processing.
- Mutual Benefits: The collaboration supports Nigeria’s agriculture sector by bringing in expertise, technology, and investment. Olam benefits from access to a diverse range of agricultural products, contributing to its global supply chain.
- MTN Group and Investment in the Middle East:
- Collaboration Overview: MTN Group, a South African multinational mobile telecommunications company, has expanded its presence in the Middle East. The company operates in countries such as Iran, Syria, and Sudan, forming partnerships with local operators.
- Mutual Benefits: MTN’s expansion into the Middle East provides the company with a broader market base. Local economies benefit from increased investment in telecommunications infrastructure, improved connectivity, and the introduction of innovative mobile services.
- Sasol and Qatargas Joint Venture:
- Collaboration Overview: Sasol, a South African energy company, entered into a joint venture with Qatargas, a Qatari liquefied natural gas (LNG) company. The partnership involves the exploration and production of natural gas in Mozambique.
- Mutual Benefits: The collaboration combines the technical expertise of both companies to develop Mozambique’s natural gas resources. It contributes to the economic development of Mozambique, while Sasol and Qatargas gain access to valuable natural gas reserves.
- Dubai Aerospace Enterprise (DAE) and African Aviation:
- Collaboration Overview: DAE, headquartered in Dubai, has engaged in partnerships with African airlines and aviation stakeholders. The collaborations include aircraft leasing agreements and support for the development of aviation infrastructure.
- Mutual Benefits: African airlines benefit from access to modern aircraft and leasing solutions, while DAE expands its presence in the growing African aviation market. The collaborations contribute to the development of a robust and sustainable aviation sector in Africa.
These case studies illustrate the diverse range of successful business collaborations between Africa and the Middle East.
These partnerships go beyond geographical boundaries, fostering economic growth, technology transfer, and shared prosperity.
The mutual benefits derived from these collaborations underscore the potential for further business synergy between the two regions.
Read more on The Big 10:
Developing dynamic Bilateral Relations in anticipation of an increasingly Globalized World
The Impact of Globalization and International Trade on Business
Export to Africa Reaches AED 2.94 billion, a 20% Month-on-Month Increase in June 2020