Africa is fast emerging as one of the most important markets for the United Arab Emirates. With Africa set for recovery in 2022, the UAE continues to recognise the immense potential in the emerging markets of the Continent. The UAE is not only one of the leading exporters of goods to several African countries, it is also among the top ten importers of goods and commodities for 10 African countries.

The Continent as a whole is projected to see increased GDP growth as well as an increase in GDP per capita. Levels of CPI inflation are set to improve across Africa, however, levels of public debt are going to increase following the pandemic. The political landscape across the Continent is mixed. Perceived liberalisation and the growth of democracy would seemingly project a less volatile Continent, thus attracting increased foreign investment. However, as seen with the Sudan, Mali, the DRC and Somalia, the political scene remains volatile within multiple states.

Increased levels of growth following a continent-wide recession combined with reduced levels of inflation seemingly make 2022 a positive year for Africa.

Against the continued uncertain backdrop of the pandemic, the participation of every African country in a World Expo in Dubai is testament to the mounting importance placed on the relationship between the two regions by leaders on both sides.

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