UAE's Rotana to open hotel, apartments in Nairobi

UAE-based hospitality brand Rotana has closed a hotel management deal with Mullion Contractors Limited to manage a new five-star hotel and hotel apartments in Kenyan capital of Nairobi..... Read more »

Posted on : 2/12/2019

Qatar to invest 3.5 billion US dollars in the development of 140,000 housing units in Kenya

The Ambassador of the State of Qatar, Jabor Ali Al-Dosari, while making the announcement when he paid Muturi a courtesy call, said, "his government is ready to invest 3.5 billion US dollars to go towards the responsibility which is under the government's big four agenda of affordable housing." .... Read more »

Posted on : 2/8/2019

Emirates celebrated its operation to Ghana marking 15 years of service to Accra

Emirates, the victory airline has celebrated a milestone in its operation to Ghana, marking 15 years of service to Accra. The airline started operations in Ghana with three flights a week, increasing to six flights a week in March 2005. The first Emirates flight flew into Kotoka International Airport in January 2004, and the airline has since carried close to 1.6 million passengers between Accra and Dubai and its network..... Read more »

Posted on : 2/6/2019

Dubai-Based Solar Developer Yellow Door Energy Raises $65m For C&I Solar In Middle East And Africa

Yellow Door Energy has raised a $65 million Series A to invest an expansion effort in the Middle East. It is one of the largest commercial and industrial-scale solar developers in a region inked more by massive utility-scale development..... Read more »

Posted on : 2/3/2019

Italy extends financial aid for Ethiopia - Eritrea railway project

The Government of Italy has promised to finance a feasibility study for the planned construction of a rail line linking the Ethiopian capital Addis Ababa and the Eritrean port city of Massawa..... Read more »

Posted on : 1/28/2019

Ethiopia and Dubai firm sign MoU to outset the study of power link

To commence a practicable study of power link between the country and Gulf countries, Ethiopia’s Ministry of Water, Irrigation and Electricity has signed a MoU with the Gulf Electricity Interconnection Authority..... Read more »

Posted on : 1/26/2019

Abu Dhabi Fund for Development (ADFD) gets Mauritius solar PV project

Abu Dhabi Fund for Development (ADFD), a leading national entity for international development aid & the Government of Mauritius, has signed a $10-million concessionary loan agreement to fund a solar PV kits project..... Read more »

Posted on : 1/26/2019

Dubai rapidly emerging as the global investment hub in Africa

The leading trading partner of Africa in the GCC which is UAE, could be set to benefit from a surge in the growth of gross domestic product (GDP) across the African continent in the forthcoming years.Africa's GDP will grow 2.6 percent this year, however is relied upon to increment and a few specialists figure it could surpass China in future..... Read more »

Posted on : 1/25/2019

Ethiopia and the Kingdom of Saudi Arabia agreed to improve bilateral economic and investment ties

A announcement from the workplace of the advocate of the Ministry of Foreign Affairs disclosed that the delegates delineated from the 2 countries have united to spice up their economic and investment relations. Ethiopia and also the Kingdom of Asian country (KSA) united to spice up bilateral economic and investment ties..... Read more »

Posted on : 1/22/2019

Greenply invests 11 million pounds in Africa's timber unit.

A leading company in the organised plywood industry Greenply Industries Ltd., has made an initial investment of €11 million (around ₹941 million) in a manufacturing unit in Gabon in West Africa..... Read more »

Posted on : 1/15/2019