$500-million Africa-focused infrastructure fund launched in Abu Dhabi
London-based Gemcorp, which focuses on emerging markets, said it will contribute up to $50 million to the fund and manage the projects.
London-based Gemcorp, which focuses on emerging markets, said it will contribute up to $50 million to the fund and manage the projects.
MultiChoice, Africa’s largest pay TV player, is already at risk of losing up to 12 WBD channels from its DStv platform if a new carriage agreement isn’t reached.
The road projects are meant to improve access to the Ngandajika Agro-Industrial Park.
It's the highest total since 2023, signaling a rebound in investor activity.
The project will include luxury residential units and hotels, shops, business parks, a marina, and cultural venues, targeting high-net worth individuals.
The Abu Dhabi sovereign wealth fund increasingly relies on AI to screen deals, make investment decisions, monitor assets, and sell its own tech products.
The new homegrown AI firm has a mandate to build the platforms and systems needed to speed up AI adoption across Qatar, its CEO said.
US mom-and-pop investors will be able to access private equity funds “in the next year or two,” Carlyle's chairman said at Abu Dhabi Finance Week.
The Elon Musk-led company was the first to successfully re-use rockets, bringing the cost of space travel down by around 90%.