EconomyIssue 01 - 2023MAGAZINEAfrica grows, so does income inequalityGBO CorrespondentJanuary 23, 2023 GBO CorrespondentJanuary 23, 2023 Extreme poverty on the continent is increasing and the wealthiest of Africans...
Banking and FinanceTop StoriesCrisis-hit Egypt eyes more foreign investments to stay afloatGBO CorrespondentJanuary 10, 2023January 9, 2023 GBO CorrespondentJanuary 10, 2023January 9, 2023 The Ukraine crisis saw international investors withdrawing billions of capital from Egypt...
MarketsTop StoriesFive factors that could trigger stock market crashGBO CorrespondentAugust 4, 2022August 3, 2022 GBO CorrespondentAugust 4, 2022August 3, 2022 The S&P 500 is down by around 18% since its peak in...
FintechTop StoriesVisa and Belvo announces strategic partnership for open finance offeringsGBO CorrespondentDecember 8, 2021December 8, 2021 GBO CorrespondentDecember 8, 2021December 8, 2021 In June, Visa announced that it has participated in Belvo’s $43 million...
Real EstateTop StoriesPalm Hills plans to invest $242 mn by 2022GBO CorrespondentNovember 22, 2021 GBO CorrespondentNovember 22, 2021 Real estate prices in Egypt is expected to increase by 10-12% in...
TechnologyTop StoriesHuawei to invest $15 mn in the Middle East cloud computing programGBO CorrespondentSeptember 20, 2021 GBO CorrespondentSeptember 20, 2021 The project is titled Cloud Oasis Program and will assist 3000 experts...
EnergyTop StoriesArab Petroleum Investment Corporation plans to invest $1 bn in green energy projectsGBO CorrespondentSeptember 14, 2021September 14, 2021 GBO CorrespondentSeptember 14, 2021September 14, 2021 The two-year investment is a part of its low-carbon footprint energy transition...
HealthcareTop StoriesLife Healthcare partners with Quro Medical to provide hybrid healthcare delivery to AfricansGBO CorrespondentAugust 26, 2021 GBO CorrespondentAugust 26, 2021 Life Healthcare is South Africa’s largest private hospital chain and a leading...
Top StoriesBupa Investments acquires 4% stake in Bupa ArabiaGBO CorrespondentSeptember 2, 2020 GBO CorrespondentSeptember 2, 2020 BOIL acquired 8 million Bupa Arabia shares worth $134 million...
Top StoriesJD.com invests $100 mn for stake acquisition in Li & FungGBO CorrespondentJuly 31, 2020 GBO CorrespondentJuly 31, 2020 Both companies will work on a global supply chain initiative known as...