Saturday 19 April 2014
 
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Africa

Thuraya seals Airtel Africa satellite deal

UAE-based Thuraya Telecommunications Company has inked a deal with Bharti Airtel International BV to provide Airtel Africa customers with mobile satellite products and services across 17 countries in Africa. A leading Mobile Satel

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GSK to invest $200m in African factories, R&D

Drugmaker GlaxoSmithKline plans to invest up to 130 million pounds ($216 million) in Africa over the next five years as it bets on the importance of the continent in driving long-term demand for medicine. The decision reflects the

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Bahrain youth raise funds for Africa wells

A Bahraini youth-led relief organisation has raised more than BD13,000 ($34,310) in just 48 hours after collecting donations from Bahrain City Centre shoppers.   Ayadi Relief members and volunteers marked World W

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Qatar Airways to launch Djibouti flights

Qatar Airways is set to launch flights to Djibouti in Africa later this year, said a report.   The three times a week service from Doha will begin on July 27, said the Gulf News report.  

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Dubai Islamic eyes Kenya, Indonesia for expansion

Dubai Islamic Bank plans to expand its operations into Indonesia, Kenya and other African countries as it emerges from a period of consolidation, the bank's chief executive said. The emirate's largest sharia-compliant lend

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Number of HNWIs in Africa to double by 2023

The number of ultra high net worth individuals (UHNWIs) in Africa will increase by 53 per cent taking the total to 2,858 by 2023, a report said. The number if multi-millionaires in Africa will grow at a faster rate than anywhere e

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Mideast mobile data traffic to grow 14-fold

The mobile data traffic in the Middle East and Africa (MEA) region is set to increase 14-fold by 2018, said a new Cisco study. The Cisco Visual Networking Index Global Mobile Data Traffic Forecast for 2013 to 2018 said that across

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Red Hat names general manager for ME, Africa

Red Hat, a leading provider of open source solutions, has appointed Fayçal Saile as the company's new general manager for the Middle East, Turkey and Africa (META) region. In this capacity, he will be responsible for th

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Africa woos Gulf investors with new farmland deals

African countries that missed out on Gulf cash pouring into agricultural projects elsewhere on the continent are trying to entice Arab investors with deals they say are designed to avoid problems of the past. An earlier wave of fo

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India's Bharti eyes $2bn from Africa towers sale

India's Bharti Airtel plans to sell most of its transmitter towers in Africa, in a process that could raise up to $2 billion for the country's top telecom operator and help reduce its debt. Bharti, which entered Africa wit

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