Through MDR Investments, Prateek Suri is driving a fresh wave of large-scale funding into Africa’s infrastructure and mining sectors
The equipment will be deployed at its terminal projects in Pointe Noire, Republic of the Congo, and Luanda, Angola
The investment in privately-owned Airlink would enhance an existing code-share partnership between the two airlines
Last year, Gulf countries poured more than $53bn into projects on the continent, a considerably greater sum than the $10bn investment from the US over the same period
Qatar Airways in 2019 took a 60 per cent stake in a new $1.3bn international airport being built in Rwanda
The Red Sea crisis has disrupted global shipping by forcing vessels to avoid the nearby Suez Canal and reroute trade around Africa
Retailers calling for firm action include members such as supermarket giants Carrefour, Lidl, M&S, and Tesco
Global aviation analytics provider, Cirium, has unveiled its latest statistics for airline punctuality in 2023
Africa50 and Masdar will also explore opportunities to collaborate on the implementation of the Alliance for Green Infrastructure in Africa
The landmark initiative brings together Abu Dhabi Fund for Development , Etihad Credit Insurance, Masdar and AMEA Power among others
The UAE Carbon Alliance aspires to aggregate demand for high-quality carbon credits from the UAE; demand which already exceeds the supply available from the UAE alone
With the launch of this route, flydubai will grow its network in Africa to 11 destinations in 10 countries
Signing of the definitive investment agreements is expected to occur in the very near term, said MTN chief executive officer Ralph Mupita
The round brings total funding to over $335m since inception across equity and debt
Rice contributes as much as 60 per cent of total calorie intake for people in parts of Southeast Asia and Africa
The partnership offers customers additional travel options within the US and increased flying opportunities within Africa
Financial services embedded into existing business models are no longer optional, but necessary
The partnership increases Emirates’ footprint to 148 African points
These projects will be implemented in cooperation with local governments, alongside local and international partners
The survey was based on 2022 data for four-star hotels, meals, laundry and incidental costs
Lekela Power currently operates 1GW of wind power projects in South Africa, Egypt and Senegal, and has a 1.8GW project pipeline in different stages of development
The carrier continues to scale up its A380 operations with the reintroduction of the aircraft across its network
The expo aims to support Africa’s COP27 climate commitments and align with the Africa Power Vision by bringing together key energy stakeholders
The company plans to build additional sites in other rapidly growing data centre markets including Nairobi, Casablanca and Lagos
The A321neo brings 20 per cent reduction in fuel consumption and emissions per seat
The partnership will provide cargo owners with easy booking and shipment tracking via DP World’s SeaRates platform
With the launch of the new service, flydubai will expand its network in Africa to 11 destinations
State-run energy consultant Engineers India expects to finalise a nearly $25m order for a chemicals and fertiliser plant in Nigeria
Construction will be done in phases, starting with the installation of 500 megawatts
The two organisations aim on identifying, developing and investing in ports, warehouses, maritime and logistics infrastructure projects across Africa