In the shadow of global and geopolitical pressures, members of the Gulf Cooperation Council- Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emiratesembarked on a strategy of economic diversification from oil and reduced reliance on food imports with a focus on Africa. Although Sub-Saharan African countries face several development challenges, ranging from agriculture, infrastructure, and energy, the surfeit of arable land and mineral and energy resources fosters an ample investment climate.
In the shadow of global and geopolitical pressures, members of the Gulf Cooperation Council- Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emiratesembarked on a strategy of economic diversification from oil and reduced reliance on food imports with a focus on Africa. Although Sub-Saharan African countries face several development challenges, ranging from agriculture, infrastructure, and energy, the surfeit of arable land and mineral and energy resources fosters an ample investment climate.Member States of the GCC have aided Sub-Saharan economies and governments on several fronts, serving as mediators in times of political impasse, investors in economic development, and allies in precarious security situations. Firstly, the report delineates essential African economic sectors in need of development and the breadth of collaboration with the GCC to realize several goals. Secondly, the country profiles contextualize the respective economic outlooks, trade agreements, and idiosyncratic synergies between Arabian Gulf monarchies and Sub-Saharan countries. Lastly, the report offers a comprehensive guide to the partnership’s possibilities.GCC States aspire to address mutual needs and build upon long-standing relationships informed by the cultural and geographic proximity to Africa. To date, GCC-led investments exceed 100 billion USD, support human capital development, bolster multilateral trade, and increase output in underdeveloped sectors.