Saturday, September 19, 2026

Four days, two countries: Oman expands economic diplomacy in Africa

His Majesty Sultan Haitham bin Tarik’s State Visits to Botswana and Angola put investment, energy, mining and trade at the centre of Oman’s growing engagement with Africa.

TAS News Service

info@thearabianstories.com

Saturday, September 19, 2026

MUSCAT : Oman has moved to deepen its economic engagement with Africa following State Visits by His Majesty Sultan Haitham bin Tarik to Botswana and Angola, securing a series of agreements spanning energy, mining, aviation, investment, pharmaceuticals and logistics.

The four-day tour from Gaborone to Luanda highlighted Oman’s efforts to broaden its economic partnerships and create opportunities for Omani businesses and investors in emerging African markets.

In Botswana, where Oman established diplomatic relations in October 2025, the two countries signed nine bilateral documents during His Majesty’s September 16-17 visit.

The agreements covered political consultations, air services, investment promotion and private-sector cooperation, alongside partnerships in energy, pharmaceuticals and mining.

The latest agreements build on existing cooperation that includes mineral exploration, petroleum storage and renewable energy. Oman and Botswana have also been working on a 500-megawatt solar power project in Maun, while broader renewable energy plans have envisaged capacity of up to 3,000 MW.

The two countries identified food security, agriculture, energy, financial services, mining and mineral processing, healthcare, tourism, transport and logistics as areas for further cooperation.

His Majesty then travelled to Angola, where the economic agenda expanded significantly.

During the September 17-18 visit, Oman and Angola exchanged agreements and memoranda covering areas including air transport, taxation, technical cooperation, investment, agriculture and energy.

His Majesty said agreements and MoUs associated with the Angola visit were valued at more than $1.5 billion, providing a foundation for greater economic cooperation between the two countries.

Among the projects under consideration is a 500-MW renewable energy development with battery storage under an Independent Power Producer model.

The two sides are also exploring cooperation across Angola’s upstream, midstream and downstream energy sectors, as well as oilfield services and technologies.

His Majesty said the current level of bilateral trade did not reflect the depth of the Oman-Angola economic partnership and said the two countries aimed to double trade in the coming years.

The private sector also featured prominently during both visits, with Oman’s Chamber of Commerce and Industry signing cooperation agreements with business organisations in Botswana and Angola.

The tour comes as Oman seeks to diversify its economic relationships and expand investment opportunities beyond its traditional markets.

Botswana offers opportunities in minerals, renewable energy and agriculture, while Angola’s oil and gas resources, mining potential, agriculture and infrastructure requirements provide areas for potential Omani investment.

The agreements now shift the focus towards implementation, with Oman and both countries establishing mechanisms to follow up on commitments and advance projects discussed during the visits.

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