Tag: Business Africa

Zain to Invest $1.5 Billion in Syria After Securing New Mobile Network License

Zain Group is set to invest approximately $1.5 billion in Syria after securing a new 20-year mobile telecommunications licence, marking one of the largest...

Airbus Secures $10 Billion SAS Widebody Jet Order in Carrier’s Largest-Ever Fleet Investment

Airbus has secured a landmark order from Scandinavian Airlines (SAS) for up to 40 widebody aircraft, in a deal valued at more than $10...

Kenya and Rwanda Sign Fuel Import Deal to Strengthen Regional Energy Security

Kenya and Rwanda have signed a landmark government-to-government agreement to facilitate Rwanda’s importation of refined petroleum products through Kenya’s energy infrastructure, a move aimed...

World Bank Approves $750 Million Budget Support for Kenya

The World Bank has approved $750 million in budget support for Kenya, providing a major financial boost as the East African nation advances reforms...

South Korea Unveils $576 Billion AI and Chip Investment Drive Led by Samsung and SK Hynix

South Korea has unveiled an ambitious 800 trillion won ($576 billion) investment programme aimed at cementing its leadership in artificial intelligence and semiconductor manufacturing,...

Australia and Vanuatu Sign Landmark Pact After Deadlock Over China Ties

Australia and Vanuatu have signed a long-delayed security and development agreement, ending months of negotiations that had stalled over concerns about the Pacific nation’s...

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