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Friday@Noon on Foreign Investment in Africa: 2018

10Apr

By Johan BurgerNo Comments

Business, Egypt News, Energy, Main

Friday@Noon on Foreign Investment in Africa: 2018

by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. Africa has been the recipient of foreign investment form a variety of foreign countries. In addition to the normal investors such as China, Japan, India, etc., we are also seeing new entrants or countries that are making a comeback. The countries identified below are also not meant to be the only investors, but have been noted in the general media. China in Africa China has been quite active in Africa for the past number of years. In addition to participating in infrastructure development contracts, it has also been financing a lot of Africa’s debt. It is still Africa’s largest trade partner. A prominent development is...

10Apr

By Johan BurgerNo Comments

Djibouti News, Eritrea News, Ethiopia News, Main, Somalia News, Sudan News

Friday@Noon on the Horn of Africa: 2018

by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. The Horn of Africa has increasingly become the scene of activity, driven not only by players in the region, but also from abroad. For the purposes of this paper, Sudan will be included as part of the Horn. Sudan In 2018, and before, we have seen Russia, Britain, Turkey, Saudi Arabia, Qatar and the UAE becoming active in Sudan. The question is whether this is a short-term phenomenon or are we seeing a trend that will grow in the future? As it is, China is Sudan's biggest trade partner, importing oil from Sudan while exporting low cost items as well as armaments to Sudan. China’s footprint in Sudan has grown exponentiall...

5Nov

By Africa BusinessNo Comments

Energy, Green Energy

Qatar breaks ground on solar stadium

The tender for the first solar-powered World Cup 2022 stadium has been issued and the winners will be announced in November or December, the Qatar 2022 Supreme Committee has said. Construction should follow soon thereafter and if all goes according to plan, Al Wakrah stadium will be complete as soon as 2015. “The stadium will be developed in conjunction with Qatar Foundation at Education City,” and an additional five of the 12 planned stadia are in either planning or tender stages. Qatar is taking their world cup planning very seriously, as they hope to create a cultural, economic and social legacy, although this will depend a great deal on how well they treat their foreign workers during the process. “Our aim is to ensure that the event contributes to achieving the targets set...

9Jul

By AfricaBusiness.comNo Comments

African News

Yet Another Recognition: Dr. Naseer Homoud Among Top 100 in Construction Sector of the Arab World

Recognizing immense standing in the construction and real estate sector, Dr. Naseer Homoud, a renowned philanthropist and business leader, has been placed at 84th position of 100 Most Powerful in Gulf Construction as unveiled by Construction Week’s annual Power 100 listing. Doha, Qatar, July 09, 2012 --(PR.com)-- Being part of the List, Dr Naseer Homoud rubs shoulders with giants of the construction and real estate industry including Bakr Bin Ladin, chairman of the Saudi Bin Ladin Group (SBG), Said T. Khoury, chairman and president of Consolidated Contractors Company (CCC), and the Arabtec chairman Riad Kamal. Dr. Homoud was recently ranked at 53rd position among the 500 most powerful Arabs from the globe. The list, better known as the Arabian Business Power List features Arabs living in 3...