On July 31, 2025, the Japan Bank for International Cooperation (JBIC) hosted a workshop in Dubai, United Arab Emirates (UAE), bringing together the Abu Dhabi National Oil Company (ADNOC) Group and other key stakeholders to explore opportunities for collaboration in the renewable energy sector in Africa.
This workshop follows the loan JBIC provided in February 2025*1 to support a renewable energy initiative led by the ADNOC Group in Africa, under the credit line established for ADNOC in July 2024*2. The workshop aimed to foster partnerships between Japanese companies and the ADNOC Group as well as other stakeholders, to advance renewable energy initiatives in Africa.
The event gathered approximately 50 participants, including representatives from JBIC, ADNOC and its group companies—Abu Dhabi Future Energy Company (Masdar) and Infinity Power—as well as the Africa Finance Corporation (AFC) and 15 Japanese companies. During the workshop, presentations were delivered by Masdar, Infinity Power, AFC, several Japanese companies, and JBIC. The event featured active discussions on potential collaboration in renewable energy and related sectors in Africa. It served as a valuable platform for promoting business expansions of Japanese companies and strengthening ties between Japanese firms, the ADNOC Group, and other key stakeholders.
ADNOC, a leading energy company that is wholly owned by the Emirate of Abu Dhabi, has an ambition to decarbonize its operations. It seeks to achieve net zero emissions by 2045, promote renewable energy, and develop hydrogen and ammonia, carbon capture and storage (CCS*3), and other green energy initiatives. As a representative institution of the UAE, ADNOC is advancing these efforts through its group companies, including Masdar and Infinity Power. The workshop was organized to create opportunities for collaboration between Japanese companies and the ADNOC Group in the field of decarbonization. It is expected to contribute to the realization of a decarbonized society envisioned by both Japan and the UAE.
As Japan’s policy-based financial institution, JBIC will continue to actively leverage its strong relationships with foreign governments and other stakeholders to create business opportunities between Japanese companies and their counterparts abroad. Through these efforts, JBIC aims to contribute to global environmental conservation and the promotion of sustainable development.
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Carbon dioxide Capture and Storage (CCS) is a technology that separates and captures carbon dioxide that would otherwise become a greenhouse gas and stores it in deep waterbeds or geological formations.