Mozambique has secured a $20bn investment partnership with Qatari investment company Al Mansour Holding, with funding aimed at priority sectors including energy and agriculture, President Daniel Chapo’s office confirmed on Wednesday.
The agreement marks the latest in a wave of African deals by the Doha-based group, which has recently unveiled commitments in the Democratic Republic of Congo, Zambia and Botswana.
Growing Middle Eastern interest in Africa
Africa’s extensive land resources, untapped infrastructure potential and mineral wealth critical to the renewable energy transition are increasingly attracting Middle Eastern investors. Governments and companies from the Gulf are pushing deeper into the continent, competing for influence with long-established players such as China and the United States.
Al Mansour Holding, chaired by Sheikh Mansour bin Jabor bin Jassim Al Thani, has positioned itself at the heart of this trend. Earlier on Wednesday, the company disclosed that it had acquired a 19.9 percent stake in Australia’s Invictus Energy. The investment will help finance a natural gas project in Zimbabwe, a development seen as a significant step for the region’s energy ambitions.
‘We are here to build’
Speaking after his meeting with President Chapo in Maputo, Sheikh Mansour stressed that the firm’s Africa strategy was collaborative rather than extractive.
‘We are not here to compete, we are here to complement. We are not here to take, we are here to build,’ he said, adding that Al Mansour Holding was in Africa for the long haul.
Zambia also secures major pledge
The Mozambique deal follows a similar announcement by Zambian President Hakainde Hichilema earlier this month. On August 18, he revealed that Al Mansour Holding had pledged $19bn in investment for Zambia, another southern African economy seeking to transform its energy and agricultural base.
A continent-wide push
With deals spanning southern and central Africa in just a matter of weeks, Al Mansour Holding has emerged as one of the most active Middle Eastern investment vehicles on the continent in 2025.
The firm’s rapid expansion underscores both the urgency of African governments to attract large-scale financing for development and the determination of Gulf investors to secure long-term stakes in the continent’s resource and energy future.
