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Investments
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Amazon is investing $7.2 billion in Israel and launches the AWS cloud region
Amazon stated that as it launches its cloud-based regional data center project in Israel, it aims to invest $7.2 billion...
Read moreRology, an Egyptian e-health startup, has acquired Arkan United, a Saudi company
Rology, the market leader in teleradiology in the MENA region, has acquired Arkan United, a teleradiology provider based in Jeddah,...
Read moreThe cloud operations division of Amazon is planning to invest $13 billion in India by the year 2030
Amazon's cloud computing division will double its previous investments in India to 1.06 trillion rupees ($13 billion) by 2023 to meet...
Read moree&, a company based in the UAE, has invested $400M to acquire a controlling stake in the ride-hailing service Careem’s Super App
According to a filing by e&, the Emirates Telecommunications Group Company (EAND.AD) has agreed to pay $400 million to acquire...
Read moreEthiopia plans to sell 45% of its state-owned telecom company Ethio-Telecom
The Ethiopian government has been planning to sell off 40% of its holdings in Ethio-Telecom, a state-owned telecom company, since...
Read moreBolt is planning to invest $530 million in Africa
Bolt, a ride-hailing service, plans to invest $530 million in its African operations over the next two years. This expansion...
Read moreEquinix is planning to invest USD160 million in a data center in South Africa
The American business Equinix, which operates data centers, intends to spend 160 million dollars on the construction of its first...
Read moreVisa plans to invest $1 billion in Africa over the next five years to capitalize on the continent’s rising e-payments market
Over the next five years, Visa will spend $1 billion in Africa in an effort to cash in on the...
Read moredeveloPPP Ventures announces a $102,000 funding grant for African startups in Kenya and Tanzania
Kenyan and Tanzanian startups can receive a grant investment of up to US$102,000 from develoPPP Ventures to help them expand...
Read moreGoodwell Investments, a social impact investing company, has launched its US$154 million uMunthu II fund
Goodwell Investments, a social impact investment company, has launched its US$154 million uMunthu II fund with the goal of fostering...
Read moreAfrican Union and Africa Development Bank Sign $9.73 Million Grant Agreement to Promote the Growth of the African Digital Market
A grant agreement has been signed by the African Union Commission (AUC) and the African Development Bank to carry out...
Read moreTech division of Saudi NEOM rebrands and invests $1 billion in 2022
According to chief executive Joseph Bradley, NEOM Tech & Digital, a division of the Saudi crown prince's $500 billion NEOM...
Read moreThe Big 5
