POWER

Dubai firm targets $500m African energy project portfolio

Access Power MEA partners with French renewable developer to launch African finance vehicle aimed at energy projects over the next five years

Dubai’s Access MEA signs $17m Uganda solar plant

UAE utility investor builds on solar experience in MEA markets and public projects in Africa with plans to develop 10MW of solar energy

Kenya launches the largest geothermal power plant in the world

Kenyatta unveils the earth-shaking Olkaria IV geothermal installation, a140MW leviathan set to reduce energy prices by 50% by early 2015

Abu Dhabi confirms funding for $18m solar project in Sierra Leone

Mohammad Saif Al Suwaidi signs loan agreement with finance minister Kaifala Marah to implement 6MW of solar power capacity in Freetown

Business

Dubai Islamic Bank plans arm in Kenya by year’s end

Dubai Shari'ah-compliant lender receives “in principle approval” from regulators to launch operations in Kenya pending a final license

Saudi Arabia to stop wheat farming by 2016, eyeing Africa

Saudi Arabia will rely entirely on wheat imports within a year, and Africa is on the top of...

Oman, Tanzania and China to jointly develop $11bn port, free zone

Oman state fund, Tanzania’s government and China Merchants Holding sign MoU to collaborate on Bagamoyo port and a...

Commodities

Dubai Islamic Bank plans arm in Kenya by year’s end

Dubai Shari'ah-compliant lender receives “in principle approval” from regulators to launch operations in Kenya pending a final license

Saudi Arabia to stop wheat farming by 2016, eyeing Africa

Saudi Arabia will rely entirely on wheat imports within a year, and Africa is on the top of...

Oman, Tanzania and China to jointly develop $11bn port, free zone

Oman state fund, Tanzania’s government and China Merchants Holding sign MoU to collaborate on Bagamoyo port and a...

Culture & Society

Dubai Islamic Bank plans arm in Kenya by year’s end

Dubai Shari'ah-compliant lender receives “in principle approval” from regulators to launch operations in Kenya pending a final license

Saudi Arabia to stop wheat farming by 2016, eyeing Africa

Saudi Arabia will rely entirely on wheat imports within a year, and Africa is on the top of...

Oman, Tanzania and China to jointly develop $11bn port, free zone

Oman state fund, Tanzania’s government and China Merchants Holding sign MoU to collaborate on Bagamoyo port and a...

Finance

Dubai Islamic Bank plans arm in Kenya by year’s end

Dubai Shari'ah-compliant lender receives “in principle approval” from regulators to launch operations in Kenya pending a final license

Saudi Arabia to stop wheat farming by 2016, eyeing Africa

Saudi Arabia will rely entirely on wheat imports within a year, and Africa is on the top of...

Taiwan to expand trade ties to Africa through Dubai

Taiwanese companies aim to establish footholds in UAE for Africa trade

Infrastructure

Dubai Islamic Bank plans arm in Kenya by year’s end

Dubai Shari'ah-compliant lender receives “in principle approval” from regulators to launch operations in Kenya pending a final license

Saudi Arabia to stop wheat farming by 2016, eyeing Africa

Saudi Arabia will rely entirely on wheat imports within a year, and Africa is on the top of...

Oman, Tanzania and China to jointly develop $11bn port, free zone

Oman state fund, Tanzania’s government and China Merchants Holding sign MoU to collaborate on Bagamoyo port and a...