Saturday 7 March 2015
 
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Africa

Agility plans up to $100m Africa spend this year

Kuwait-listed logistics firm Agility plans to spend up to $100 million this year on its expansion plans, with Africa the main target of its investment, a senior executive said. Among the target markets for the company's expans

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Oil and gas explorers in Africa ‘must rethink capex’

Oil and gas explorers must rethink their capital expenditure on exploration activity across the African continent in the wake of the significant drop in the global oil price, said an industry expert. “Oil & gas explorers

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Oil and gas explorers in Africa ‘must rethink capex’

Oil and gas explorers must rethink their capital expenditure on exploration activity across the African continent in the wake of the significant drop in the global oil price, said an industry expert. “Oil & gas explorers

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Japan offers $15.5m in MEA counter-terrorism aid

Japan will provide $15.5 million in aid to support counter-terrorism efforts in the Middle East and Africa, Foreign Minister Fumio Kishida said on Tuesday, doubling the figure pledged last month. Islamic State militants have said

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Sharjah HVAC firm eyes African market

SKM Air Conditioning, a leading manufacturer of HVAC (heating, ventilation and air conditioning) equipment based in Sharjah, UAE, showcased its products at Tanzania Buildex 2015 in line with its expansion plans for the Africa region. Th

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RBS to exit corporate debt, DCM business in MEA

Royal Bank of Scotland (RBS) plans to sell or close its corporate debt and debt capital markets business in the Middle East and Africa, the latest pullback by the state-controlled lender from emerging markets to focus on its domestic business.

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CDE Global boosts Middle East-Africa team

Materials washing specialists CDE Global has expanded its team of personnel responsible for the Middle East and Africa (MEA) region, which the company said will allow for greater regional focus within the area. The new appointment

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NAS wins ground handling contract for Abidjan Airport

National Aviation Services (NAS), a Kuwait-based ground handling company, has reached a new milestone in its expansion with its first contract award in West Africa. With the new contract, NAS has now expanded its operational network to

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Agility to develop 40-acre distribution park in Ghana

Kuwait-based Agility, a leading global logistics and logistical infrastructure provider, today broke ground on the construction of a distribution park on a 40-acre site in the Tema Port Free Trade Zone Enclave in Accra, Ghana. The

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Access, Eren launch power development firm for Africa

Access Power MEA, a power project developer focused on the Middle East and Africa, and Eren, a leader in renewable energy, has launched Access Infra Africa, a vehicle that will be dedicated to invest in the early stage development power projects

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