Browsing: investments

• Middle East Energy has announced plans to host Africa Energy Expo in February 2024, with Rwanda chosen as the Inaugural host. 
• Scheduled for February 2024, the African Energy Expo is a first-of-its-kind trade show, and an extension of Middle East Energy’s 48-year legacy, aimed at promoting sustainable, innovative energy sources and driving the African energy transition.
• The event will be a unique platform for energy leaders to debate and shape the future of the African energy landscape.

Middle East Energy has announced plans to host Africa Energy Expo in February 2024, with Rwanda chosen as the Inaugural host.

The announcement was made at the 2023 Middle East Energy Exhibition and Conference in Dubai.

Scheduled for February 2024, the African Energy Expo is a first-of-its-kind trade show, and an extension of Middle East Energy’s 48-year legacy, aimed at promoting sustainable, innovative energy sources and driving the African energy transition.

The new …

Cashlet has been developed by Sycamore Capital Ltd, and it works in partnership with regulated fund managers in Kenya, to allow users to invest in unit trust products in simple, fully digital, and modern way.

The initial partner fund managers include ICEA Lion Asset Management, Old Mutual, and Genghis Capital.

The app seeks to pioneer saving and investing flexibility, life goals creation and tracking, market interest rates, financial visibility, and expert support.…

Kenya’s national carrier Kenya Airways has launched a centre which it says will be used to mentor the youth.

In a statement, the company says the centre, dubbed ‘Fahari Innovation Hub’, will act as a springboard for new ideas and data-driven innovations to accelerate impact-driven solutions that address some of the societal and business challenges.

Kenya Airways Chief Executive Officer, Allan Kilavuka said the Fahari Innovation Hub has already been operating virtually for about one year.

He added that with the setting of a physical workspace, the hub will provide a centre for strategic innovation management offering opportunities for co-creation, collaboration, networking, research, and learning.

“At the pace at which change accelerates, especially now in the middle of a global pandemic, we have become increasingly aware of the need to be innovative as we position the business as a resilient, forward-looking and sustainable company with a deliberate inclusive agenda of …

United States (US) investments in Egypt totals to $21.8 billion over the past 12 months according to

US investments in Egypt totalled $21.8 billion over the past 12 months according to Egypt’s Minister of Trade and Industry, Nevine Gamea.  The investments are in sectors such as tourism, agriculture, service, industrial, construction, telecommunications and information technology. 

The minister also added that the trade exchange between the US and Egypt reached $8.618 billion in 2019 compared to $7.53 billion in 2018. 

Gamea’s remarks came during a meeting with a delegation from the US Department of State headed by Keith Krach, Under-Secretary of State for Economic Growth, Energy and the Environment who were in the country to discuss joint economic cooperation. 

She also noted that economic relations between the two countries are strategic, based on a long history of joint cooperation in various commercial, industrial and investment fields …