Civitas taps into asset management and seeks growth
The company has consolidated all of its investment management activities under a new entity Civitas Investment Management
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IFC to invest $10 mn in Egypt’s energy sector
The funding will go towards helping Globaltronics expand on the installation of digital prepaid and smart electricity meters
Centrica to establish new digital energy entity British Gas X
The company's plans to establish a new entity comes at a time when the energy industry is becoming competitive
DP World prepares for the worst as pandemic hits business
However, the firm is still hungry for revenue-generating acquisitions, according to chairman Sultan Ahmed bin Sulayem
Africa seeks to drive FDIs on the back of energy transition
It is reported that financial institutions' lending behaviour on the continent is impacted by projects dynamics
South African Airways seeks R26.7 bn bailout package
The proposed package is significantly higher than what the government was prepared to allocate
Air Asia Philippines to expand domestic operations from July
Flights to Bacolod, Iloilo, Tagbilaran and Palawan will resume by July 1
German software company Wandelbots secures $30 mn funding
The funding round was led by 83North, M12 – Microsoft’s venture fund and Next47
KKR-led consortium invests $650 million in Vinhomes
Vingroup is a controlling shareholder of Vinhomes
Kenya Airways consider resuming passenger flights
According to the carrier, discussions with key industry stakeholders are underway in relation to a safe return to passenger routes