An estimated 2.29 billion USD has been invested into Africa’s renewable energy sector, according to data provided by the Clean Energy Pipeline. The drive to invest in not only renewable energy, but infrastructure, agriculture, natural resources and other key sectors in Africa is largely due to the continent’s rapid population growth and increasing urbanisation rates,…
VPS Healthcare, an integrated healthcare provider based in the United Arab Emirates, has recently acquired majority stakes in several hospitals in India. These include the Manesar, Qutub and Dwarake (NCR) hospitals owned by hospital chain Rockland, and Lakeshore hospital in Kochi. The investment was worth a total of 222 million USD, according to Times of…
The Middle Eastern healthcare sector is booming, prompting investors to look beyond their own region for technology and innovation that could help with the development and expansion of medical services within the Middle East. With major healthcare projects like the Middle East Healthcare Company (MEAHCO) raising 3.2 billion USD from an initial public offering, with…
KBW Investments, which was founded and is chaired by Prince Khaled bin Alwaleed bin Talal of Saudi Arabia, has recently partnered with Ascorel Group, a French technology company, to launch Ascorel Middle East. Ascorel specialises in technology designed to enhance the safety and control of civil engineering machines, lifting equipment and firefighting equipment. Its products…
2016 is shaping up to be an excellent year for the US tech sector, with US startups receiving a massive 15.3 billion USD in investment from venture capitalists in the first quarter of this year alone. This represents a 20 percent increase over the first quarter of the year, although the number of deals dropped.…