Saudi’s Khwarizmi Ventures has taken part in a seed funding round for Egyptian startup Pylon, an infrastructure management platform aimed at transforming electricity and water companies in emerging markets.
Rwanda and the Abu Dhabi Chamber of Commerce and Industry are keen to expand trade between the two countries and to explore investment opportunities.
The exchange program will target the oil and shipping industries and make use of blockchain technologies.
The proposed rail link would potentially bolster trade and foster economic development.
report issued by the South African Medical Research Council (SAMRC) has strongly urged stakeholders within the country’s medical device manufacturing sector to invest in R&D.
The move comes as a continuation of ongoing investments made by Gulf states in the Egyptian economy as it suffers from the impact of the Ukraine war.
The UAE and Saudi Arabia lead Gulf investment across Sub-Saharan Africa.
he Democratic Republic of Congo’s (DRC) state electricity company, Société Nationale d’Électricité (SNEL), and Dubai-based independent power producer, AMEA Power, have signed a Memorandum of Understanding (MoU) to begin exploring the production of 30 megawatts of power in the DRC.
The company was listed as a ‘Disruptor’ and has gained international support from a variety of investors.