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In recent years, the United Arab Emirates (UAE) has significantly ramped up its foreign direct investment (FDI) in Africa, and has emerged as the fourth-largest foreign direct investor on the continent after China, the European Union and the United States.

Due to the increased demand for critical minerals globally, Nabil Khodadad and Nonku Zondo explore how the African mining sector can benefit from and lead the energy transition.

With global oil and gas demand forecast to grow and huge exploration potential across and offshore the continent, Africa is an increasingly attractive destination for upstream investment.

As nations around the world scramble to lay their hands on new sources of energy to replace their heavy dependence on Russian oil and gas, attention is turning back to Africa’s resource-rich nations.