The African Development Bank conducted feasibility studies on Northeast African projects. (Photo : Reuters)This is the Nile River in modern times. African Development Bank's energy sector official Khalid Al Askari said today that the bank have conducted studies on a planned electricity link investment project spanning three countries - Ethiopia, Sudan, and Egypt.
Investors
Garland's 888 Fund seeks China's super rich
John Garland created an 888 Fund which aims to attract the wealthiest investors in Asia. (Photo : Reuters)This is an Australian dollar. John Garland, a businessman from Perth, Australia, formed an investment fund in an attempt to attract Asia's wealthiest investors to the Australian market.
Waze paves way for Israel startups
Google's acquisition of Waze could put Israel's tech development industry back on the map, analysts said.
Dixon Advisory gathers US$161 million
Dixon Advisory raised US$161 million for a new commercial asset fund. (Photo : Reuters)This is the logo of Dixon Advisory. Dixon Advisory, a financial planning entity, announced today that raised a total of US$161 million for a new commercial property fund.
UPDATE: EBX Group collapses after Batista's exit
EBX Group's shares were considered worthless as the company officially breaks up today. (Photo : Reuters)This is Eike Batista. The exit of Brazilian billionaire Eike Batistsa from MPX Energia officially started the collapse of his former industrial conglomerate giant EBX Group.
Latest News
Sindh chief minister urged foreign and local investors to invest in the region's several industries.
An estimated 84 megawatts of power will be generated after a pipeline investment is made in the Gulf region.
Investor Eduardo Elsztain withdraws his support for IDB Holding. (Photo : Reuters)This is Argentinian investor Eduardo Elszatain. Argentinian investor Eduardo Elsztain withdrew his planned backing of IDB Holding Corporation, a member of Nochi Dankner's portfolio of companies.
Temasek, a Singaporean sovereign wealth fund, posted a portfolio gain citing good investments as reason.
Capstone Infrastructure and Shares of Renewable Energy agreed to exchange shares to form a combined entity that was not only well-funded but also diverse.
Sprott and CITICPE joint venture would not proceed as planned. (Photo : Reuters)The image shows the facade of a Chinese bank operated by the CITIC Group, who also operated CITICPE HK.
Stolt-Nielsen and Sungas were now the new co-owners of AGHL after Traspetrol used its call option to buy back its shares in the company.
Tesla Motors’ stock continued to soar, reaching up to 250% this year so far. (Photo : Reuters)The image shows the logo of Tesla Motors, whose stock has been performing well lately.
ECI has sold its portfolio company Clinisys to Montagu Private Equity. (Photo : Reuters)The image is the corporate logo of Montagu Private Equity. ECI Partners had sold off its healthcare IT portfolio company CliniSys to Montagu Private Equity.
