By Jason Mitchell Middle Eastern investment into Africa is becoming one of the most important sources of new capital, with projects valued at more than $53bn announced in 2023. Companies based in Gulf Cooperation Council countries – the UAE, Saudi Arabia, Kuwait, Qatar, Bahrain and Oman – announced 73 FDI projects in Africa valued at more than $53bn last year. The figures were slightly under announced deals in 2022, when up to $60bn was committed across 83 projects. More than 90% of the foreign direct investment is coming from the UAE and Saudi Arabia – ‘green’ hydrogen and renewable energy is…