The project is part of the company’s plans to develop electricity projects in 17 African countries, mainly based on renewable energy
Khalid al-Fawwaz was not charged with planning or participating in the attacks, which killed 224 people and injured more than 4,000.
Smartphones priced under $100 accounted for 20 per cent of the overall market last year, up from five per cent in 2013.
The new African fund will focus on well-managed, mid-market firms in sectors most likely to benefit from demand driven by the rapid expansion of the middle class.
Senegal aims to issue between $500 million and $1 billion in debt on international markets this year.
Under a public-private partnership arrangement lasting 27 years, water will be taken from the Nyabarongo River and treated for use in the capital Kigali.
Abraaj will be the main investor in the healthcare group with $145 million, while three other investors will pitch in about $55 million.
Increased revenues from its African subsidiaries helped the company post a strong profit.
Target markets include Ghana, Mozambique, Angola and Nigeria, as they are benefiting from blossoming oil and gas sectors.
Under the deal, both companies will implement a development plan to create a portfolio of power assets in Africa worth over $500 million.
The company did not disclose the value of the deal of the size of the stake it acquired in FBA.
PostNet provides courier, printing and copying services, plus stationery and mailboxes, and has 287 stores in South Africa.
Under the grant, Jeddah-based IDB will setup treatment centres in Sierra Leone, Guinea and Liberia and Mali.
The Algerian minister reiterated that oil prices were down because of low consumption and high supplies especially from non-OPEC petroleum-producing nations.
The duty free shopping centre, situated in Lagos, is scheduled to be completed by 2016.
The British Embassy in Cairo closed to the public on Sunday, also citing security concerns.
The company has invested up to $10.6 million to raise its stake in Block C1-27, an oilfield situated in Cote d’Ivory.
The lender said it charged them excessive foreign currency fees on debit and credit card transactions.
Africa’s fast growing economies have transformed the continent into a booming frontier market, but risk is still a primary concern for GCC investors.
The African nation hopes to get shipments as early as next year to use in generating power.
The Japanese electronics company aims to grow its overall business in MEA to over $1 billion.
A UN official has said a “20-fold increase” in the global response is needed to combat the spread of Ebola compared to efforts at the end of August.
Libstar operates across South Africa through manufacturing, supply and distribution and employs about 4,200 people.
The deadly epidemic has killed more than 3,400 people since it began in West Africa in March.
The office adds to DCCI’s presence in the Ethiopian capital Addis Ababa.
The Dubai-based port operator has been accused of bribery by the Djibouti government.
Dubai carrier appoints senior managers but will provide no equity.
Gulf states have provided $30 billion in funding over the last decade to develop African infrastructure, a study says.
The current death toll is at least 2,811 out of the reported 5,864 cases, according to the WHO.
Abu Dhabi firm Trojan General Contracting committed investments worth $16 billion in various infrastructure projects in West Africa.