Indonesia’s INA strikes a partnership with DP World to develop ports
The United Arab Emirates said that it will invest $10 bn in the fund that will be spent on projects in Indonesia
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Amitruck and IMFact partner to improve Africa’s logistics ecosystem
The partnership will see Amitruck increase its financial stability and optimise the working capital
Sub- Saharan Africa exits recession, but economic growth remains slow
Nigeria is expected to grow by 2.7% in 2022 from a previously predicted rate of 2.5%
As Australia eases restrictions, Emirates ramp up its flights to the region
The airline mentioned that its operations to Sydney and Melbourne will be increased from next month
Crescera Capital lowers its proposed deal size by 13% ahead of IPO
The company is also targeting to raise $175 mn from its IPO
Telecom firm TIM submits proposal for Brazil’s 5G spectrum auction
The telco plans to invest $390 mn
Market leaders in COP26 summit announces to decarbonise international shipping by 2050
Industry leaders call for decarbinising international shipping by 2050 at COP26 This action saw a partnership between the Global Maritime Forum, the World Economic Forum,
Access Bank to merge its Zambian unit with African Banking Corporation
This news comes just nine months after Access Bank bought the subsidiary
Islamic Development Bank raises $1.7 bn through Islamic bond sale on NASDAQ Dubai
IsDB is now the largest Sukuk issuer on Nasdaq Dubai with a total value of $18.8bn through 13 issuances
BlackRock CEO Larry Fink says oil prices might reach $100/barrel
Brent crude oil fell 28 cents to $85.71 per barrel in trading