Tuesday 28 April 2015
 
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Africa

World's first malaria vaccine moves closer to use in Africa

The world's first malaria vaccine, made by GlaxoSmithKline, could be approved by international regulators for use in Africa from October after final trial data showed it offered partial protection for up to four years. The sho

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Rotana signs new property in Nigeria

UAE-based hotel group Rotana has signed its first property in Nigeria under the brand Centro, located in Lagos, the country’s largest city. The 200 plus-key Hotel and Serviced Apartments, to be launched in partnership with Topwide

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Russia pursuing oil, platinum projects in Africa

Russia is pursuing costly state oil and platinum projects in Africa despite an economic crisis at home, hoping they will bolster sales, including of arms, for businesses hit by Western sanctions over the conflict in Ukraine. Mosco

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Flydubai increases frequency on African routes

Dubai-based flydubai is increasing the frequency of flights on some of its routes in Africa for the summer schedule, operating a total of 78 flights a week to 12 points in East and North Africa. On March 29, flydubai increased its servi

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African oil producers seek to limit global production

African crude-exporting countries will lobby the world's oil producers to reduce output in order to boost prices that have fallen to levels that threaten to spark social unrest, the African Petroleum Producers Association (APPA) said.

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Senegal seeks Saudi IDB’s help to organise sukuk bond

Senegalese President Macky Sall has asked the Saudi Arabia-based Islamic Development Bank (IDB) to help the West African country tap the Islamic finance market for a second time as it seeks to organise financing for infrastructure projects.

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Access launches $5m contest for renewable energy projects

Access Infra Africa, a developer, owner and operator of power assets in Africa, has launched the Access Co-Development Fund (ACF), a $5 million competition designed to bridge the gap between early stage renewable energy projects in Africa and th

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MEA February hotel occupancy drops to 67.2pc

The Middle East and African (MEA) region reported a 0.2 per cent decrease in hotel occupancy to 67.2 per cent in February this year, a recent report said. However, the region posted a 1.3 per cent rise in revenue per available roo

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Kirby Building Systems sees big potential in Africa

Kirby Building Systems, a global leader in pre-engineered steel building (PEB) systems, plans to make significant efforts to penetrate the vast African market following its success in the Middle East. “We will be ventur

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Kirby Building Systems sees big potential in Africa

Kirby Building Systems, a global leader in pre-engineered steel building  (PEB) systems, plans to make significant efforts to penetrate the vast African market following its success in the Middle East. “We will be

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