Qatari Sheikh Pledges $102 Billion Investment in Africa Amidst Secrecy and Diplomatic Engagements
August 29, 2025
Following the announcement, Invictus Energy's stock more than tripled from 0.05 AUD to around 0.17 AUD, effectively doubling Al Mansour's stake in the company on paper.
The investments are planned to target sectors such as energy, agriculture, oil and gas, renewable power, infrastructure, fisheries, livestock, tourism, housing, hospitals, and logistics.
While some deals have been confirmed through media reports—such as a $12 billion investment agreement in Botswana—official Qatar sources have not publicly acknowledged the trip or the involvement of Al Mansour Holdings.
A notable deal includes the acquisition of nearly 20% of Australian-listed oil and gas explorer Invictus Energy for $24.5 million, with plans for up to $500 million in future development funding for a gas project in Zimbabwe.
All these investments are to be funneled through Al Mansour Holdings, a private company with no public records or official website, and details of the projects remain largely undisclosed.
This $102 billion investment represents roughly half of Qatar's GDP and a fifth of its sovereign wealth fund’s assets, signifying a major economic commitment.
The sheikh arrived in Africa aboard a $90 million Airbus A319 jet, met with heads of state, and participated in press briefings, highlighting high-level diplomatic engagement.
Although the company's chairman states that these investments are the result of three years of effort and a clear vision, Al Mansour Holdings has no official online presence, and the Qatar government has not commented on the visits.
A prominent Qatari sheikh, Sheikh Mansour Bin Jabor Bin Jassim Al Thani, has been actively visiting multiple African countries, including Zimbabwe, Botswana, Burundi, the Democratic Republic of Congo, and Zambia, with the aim of securing significant investments.
He has pledged a massive $102 billion to be invested across six African nations—Mozambique, Botswana, Burundi, Democratic Republic of Congo, Zambia, and Zimbabwe—marking one of the largest foreign investment initiatives in the region.
In Zimbabwe alone, Al Mansour Holdings has committed $19 billion for projects across various sectors, including energy, agriculture, livestock, food security, tourism, housing, cybersecurity, and airports.
Summary based on 2 sources
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Semafor Logo • Aug 29, 2025
Qatari Sheikh pledges to invest $102B in Africa
Semafor Logo • Aug 26, 2025
Qatari sheikh pledges to invest billions in African countries