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🇲🇿 MozambiqueBusiness

Mozambique signs $500 million loan from the UAE

By , based on Agência de Informação de Moçambique

Mozambique signs $500 million loan from the UAE

President Daniel Chapo announced, from Abu Dhabi, a new stage of cooperation with the United Arab Emirates, backed by a $500 million loan from the Abu Dhabi Fund for Development. Several cooperation instruments were signed in tourism, energy, rail and solar, according to the Mozambique News Agency (AIM).

Mozambican President Daniel Chapo announced on Saturday in Abu Dhabi a new stage in cooperation with the United Arab Emirates (UAE), backed by a loan of $500 million. An agreement signed between the government and the Abu Dhabi Fund for Development provides for this financing, according to the Mozambique News Agency (AIM).

The visit follows a first trip by Chapo to the UAE in January 2026. Cooperation instruments were also signed in tourism, energy, labour relations, space exploration, rail transport and solar energy projects. During a business forum bringing together companies from Abu Dhabi, investment intentions in Mozambique were expressed.

Daniel Chapo has invited Emirati entrepreneurs to take part in the International Conference on Investment in Mozambique, scheduled for 9 and 10 December 2026 in Maputo. He promised that the government would monitor the implementation of these agreements, with the aim of creating jobs, while ensuring opportunities for young people, women and people with disabilities.

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