Dr. Thani Bin Ahmed Al Zeyoudi, the UAE Minister of Foreign Trade, led a significant delegation to Senegal, where he met with President Bassirou Diomaye Faye and Prime Minister Ousmane Sonko. During the visit, he conveyed warm greetings from the UAE leadership and expressed hopes for prosperity for the Senegalese people. The discussions focused on strengthening bilateral relations and cooperation in essential areas like renewable energy, infrastructure, and food security.
Accompanied by UAE Ambassador to Senegal, Saeed Hamdan Alnaqbi, Al Zeyoudi reaffirmed the UAE's dedication to enhancing economic partnerships and fostering collaboration with Senegal as well as emerging African markets. He engaged with several ministers, such as Cheikh Diba (Finance), Sergine Mbaye (Health), Alioune Sall (Communication & Digital Economy), Serigne Guèye Diop (Industry & Trade), Dethie Fall (Infrastructure), and Mabouba Diagne (Agriculture), to identify further cooperative ventures and investment prospects.
The visit culminated in the signing of 13 memorandums of understanding (MoUs) across diverse sectors like energy, logistics, mining, industrial development, digital technologies, construction, and healthcare, underscoring the expanding partnership between the two nations.
In the first three quarters of 2025, non-oil trade between the UAE and Senegal reached an impressive $933 million, a notable increase of 21.1% year-over-year. This surge illustrates the robust economic connections and the potential for further investment opportunities between the two nations.
Al Zeyoudi asserted the UAE's commitment to deepening ties with Senegal and other African nations, striving for sustainable economic advancement and exploring new horizons. The talks also aimed at enhancing private sector collaborations in line with the UAE’s Comprehensive Economic Partnership Agreement (CEPA), which fosters trade and investment with high-growth economies globally.
The UAE is increasingly solidifying its position in Africa, with non-oil trade reaching $112 billion in 2024, a rise of 34% from the previous year. As the main contributor to new Foreign Direct Investment (FDI) in Africa, the UAE has invested over $110 billion from 2019 to 2024. These initiatives are aimed at promoting sustainable development and creating mutually beneficial investment opportunities throughout the continent.
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