#Africa

UAE announces fund to support restoration of heritage projects in Africa Photo credit WAM

UAE to fund world heritage restoration, rehabilitation projects in Africa

These projects will be implemented in cooperation with local governments, alongside local and international partners

Business travel

These are the world’s 10 most expensive cities for business travel

The survey was based on 2022 data for four-star hotels, meals, laundry and incidental costs

Infinity Power acquires Lekela Power Photo Masdar

Masdar JV Infinity Power acquires Africa’s Lekela Power in landmark renewable energy deal

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

Dubai's Emirates to ramp flight frequencies to more than 15 destinations

Dubai’s Emirates to ramp up flight frequencies to more than 15 destinations

The carrier continues to scale up its A380 operations with the reintroduction of the aircraft across its network

Africa Energy Expo

Informa Markets to launch Africa Energy Expo in 2024

The expo aims to support Africa’s COP27 climate commitments and align with the Africa Power Vision by bringing together key energy stakeholders

Agility opens data centre sites

Kuwait’s Agility launches data centre sites across Middle East and Africa

The company plans to build additional sites in other rapidly growing data centre markets including Nairobi, Casablanca and Lagos

EgyptAir

EgyptAir takes delivery of Africa’s first Airbus A321neo

The A321neo brings 20 per cent reduction in fuel consumption and emissions per seat

DP World

DP World inks cooperation pact to spur Greater Caspian Region-Africa trade

The partnership will provide cargo owners with easy booking and shipment tracking via DP World’s SeaRates platform

Flydubai to launch daily service to Mogadishu

Flydubai to launch daily flights to Mogadishu

With the launch of the new service, flydubai will expand its network in Africa to 11 destinations

India

India energy firms see growth prospect in Africa and Middle East

State-run energy consultant Engineers India expects to finalise a nearly $25m order for a chemicals and fertiliser plant in Nigeria

Zambia

Zambia signs $2bn solar power development pact with UAE

Construction will be done in phases, starting with the installation of 500 megawatts

Africa

AD Ports Group, Africa Finance Corporation ink deal

The two organisations aim on identifying, developing and investing in ports, warehouses, maritime and logistics infrastructure projects across Africa

Gitex Global: Hub71 and GetFundedAfrica to fundraise support for startups

Gitex Global: Hub71 and GetFundedAfrica to support growth of tech startups

Qualifying startups from Abu Dhabi and Africa to gain guidance, resources and support to setup, scale and raise funding in new markets

Gitex

Gitex to launch Africa edition in 2023

Gitex Africa marks first international venture for the mega tech showcase, in partnership with Morocco’s Digital Development Agency

Saudi Arabia’s foreign minister and the secretary general of the Digital Cooperation Organization in Riyadh

Digital Cooperation Organization to establish HQ in Riyadh

Saudi Arabia, Bahrain, Cyprus, Djibouti, Kuwait, Morocco, Nigeria, Oman, Pakistan, Jordan and Rwanda are member states of the organisation founded to drive collaboration in digital transformation

Africa

McKinsey sees Africa fintech sales surging eightfold by 2025

Financial services revenues in Ghana and francophone West Africa will enjoy the fastest growth, with Nigeria and Egypt the next quickest

dubuy.com adds Al Ain Farm products to its offerings

Al Ain Farms to offer dairy products in Africa through DP World’s DUBUY.com

Dubuy.com connects 10,000 registered customers to 2,000 registered vendors and facilitates the trade of 1.4 million products on a daily basis

CAFU partners with Dubai Cares

CAFU, Dubai Cares partner to build school in Malawi

CAFU aims to raise Dhs154,000 in donations to help construct and run a primary school with two classrooms in one year.

Dubai Chambers

Dubai Chambers welcomes over 1,600 new African companies since October 2021

Dubai International Chamber operates four representative offices in Kenya, Ethiopia, Mozambique and Ghana

Biomass. emissions

First African emissions reduction credit platform unveiled

The platform, to be known as CYNK, will use the Hedera Hashgraph public decentralised ledger to track emission reductions

UAE IPOs

UAE, London IPOs planned for Africa Finance’s infrastructure projects

The Nigerian banking group aims to combine assets in renewables, ports and industrial parks and offer them to investors through initial public offerings

Standard Chartered closes transition trade facility

StanChart plans to exit seven markets in Africa, Middle East

The markets it plans to exit made up about 1 per cent of total group income in 2021

Dubai’s Averda secures $45m investment from US firm to develop recycling facilities

The waste and recycling company will use the investment loan to develop and set up plastic recycling facilities in Africa and India

Emirates

Emirates to restart Dubai-Casablanca flights

The airline will resume services on the route starting Tuesday, February 8

UAE flights

UAE lifts restrictions on flights from 12 African countries

It has also updated the entry measures for travellers coming in from three other African countries: Uganda, Ghana and Rwanda

UAE launches Etihad 7 programme to fund renewable energy projects in Africa

The programme aims to supply clean electricity to 100 million people by 2035

Emirates

Emirates suspends flights between Dubai and six African destinations

The airline will operate one-way flights from Dubai to six other countries

Emirates dubai

Emirates suspends entry of passengers from 10 African countries to Dubai

Outbound passenger operations from Dubai to these destinations will remain unaffected

vfs

Saudi suspends flights to and from seven additional African countries over Omicron

The kingdom has banned flights to and from 14 African countries in total, including Seychelles and Mauritius

Dubai’s Emirates to resume services to Algiers

The resumption of flights to Algiers will boost the carrier’s African network to 21 destinations