Abu Dhabi News

Joseph Nnanna, Chairman of Etisalat Nigeria & Deputy Governor, Central Bank of Nigeria

Etisalat Nigeria rebrands to 9mobile

Emerging Markets Telecommunication Services (EMTS), trading as Etisalat Nigeria, has adopted 9Mobile as a new brand identity following a meeting held on 13 July.

Dangote Industries cement plant in Dakar, Senegal

Gulf investments in Africa beginning to spread far and wide

Traditionally, investments from the Arabian Gulf into Africa have focused on North Africa, owing partly to closer cultural ties and the Gulf’s focus on western markets. This scenario is slowly changing and so too are the pan-African investment strategies of Gulf investors.

A visitor takes photographs from the Ou Kaapse Weg as seasonal fog covers the city of Cape Town. Almost 7,000 visas were issued by the South African embassy in the UAE for the first seven months of this year. Credit: thenational.ae/Mike Hutchings/Reuters

Hotel developers will invest billions of dollars in African projects over the next few years

Hotel developers will invest billions of dollars in African projects over the next few years as they seek to take advantage of a fast-expanding middle class and growing business travel.

Kamar Abass, CEO, Ntel

Nigeria's Ntel seeks $1 billion for mobile broadband growth

Nigerian Internet provider Ntel is seeking more than $1 billion to invest in 4G mobile broadband by 2020 as the owner of the former state landline company seeks to take advantage of a rising number of smartphone users in Africa’s most populous country.

Shayne Nelson, CEO, Emirates NBD

Dubai banking group Emirates NBD plans more success out of Africa

Emboldened by the bank’s success in Egypt, the chief executive of Emirates NBD is eyeing further expansion into Africa.

MTN in another legal headache as Etisalat sues for use of frequency in Nigeria

MTN in another legal headache as Etisalat sues for use of frequency in Nigeria

Etisalat Nigeria has filed a court case against rival MTN over the use of a new frequency band which MTN acquired when it bought internet provider Visafone, it said on Monday.

Eko Atlantic, Lagos, Nigeria

Eko Atlantic: Why Nigeria's plans for a dream Eldorado city in Lagos are not radical enough (Video)

The government of the state of Lagos–Nigeria’s commercial capital–has proudly proclaimed it is building a new city that will become the new financial centre of Nigeria, and perhaps West Africa.

Saudi Arabia’s ACWA Power recently won a bid to build a 100MW solar power plant in South Africa

Gulf states investing in series of projects to power Africa growth

Chinese investment into Africa gets much of the press, but the Arabian Gulf states are quietly making inroads in strategic sectors.

Ashish J. Thakkar, Founder & MD, Mara Group

Ashish Thakkar and Bob Diamond's venture plans mobile banking push

Ashish Thakkar, who co-founded African banking venture Atlas Mara along with former Barclays group chief executive, Bob Diamond, says they are planning a major push into mobile banking in Africa, as their aggressive takeover strategy continues.

Uche Orji, CEO, Nigeria Sovereign Investment Authority (NSIA)

Nigeria's sovereign wealth fund doesn't expect state to tap it for funds: Uche Orji, CEO, Nigeria Sovereign Investment Authority (NSIA)

The government of Nigeria is unlikely to make withdrawals from the sovereign wealth fund in Africa’s largest oil producer, even as the price of crude declines.

Mulk Holdings

UAE's Mulk Holdings invests $40M in Nigerian shopping center

UAE-based conglomerate Mulk Holdings announced that it is investing up to $40 million in developing a duty free shopping centre in Lagos, Nigeria.

Emerging Capital Partners (ECP) Private Equity

Private equity is Africa's best-kept investment secret: Hurley Doddy & Vincent Le Guennou Co-CEOs of Emerging Capital Partners (ECP) Private Equity

Africa is ripe for investment, a fact that is being acted upon by Abu Dhabi companies with increasing regularity.

Trojan General Contracting

Arabian Gulf companies commit $19B to West Africa infrastructure projects

African countries secured commitments from companies in the Persian Gulf totaling $19 billion to invest in roads, railways and airports at the first West Africa Investment Forum held in Dubai on Tuesday.

Nigeria Sovereign Investment Authority (NSIA)

The Nigeria Sovereign Investment Authority (NSIA), the country's $1B sovereign wealth fund, rated 9 out of 10 for transparency: Sovereign Wealth Fund Institute (SWFI)

Sovereign wealth fund tracking firm, the Sovereign Wealth Fund Institute (SWFI), has upgraded Nigeria‘s sovereign wealth fund, the Nigeria Sovereign Investment Authority (NSIA), to 9 points on the SWFI’s 10-point Linaburg-Maduell Transparency Index.

James Hogan, President and CEO, Etihad Airways

Etihad Airways strengthens operations in East Africa with launch of daily passenger service to Entebbe

Etihad Airways , the national airline of the United Arab Emirates, will build upon the success of its Entebbe cargo flights with the launch of a new passenger service to the East African city.

Mrs Wuraola Oduntan, GM, Etihad Airways

Etihad Airways appoints Wuraola Oduntan as new General Manager for Nigeria

Etihad Airways , the national airline of the United Arab Emirates, has appointed Mrs Wuraola Oduntan as its new General Manager for Nigeria.