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Mid-East Leading Cross Border Businesses in Africa Boom

worldboxMiddle East cross border businesses are showing the world that Africa is ripe for investment, with Abu Dhabi companies leading the charge in setting up or expanding there, this year.

The latest United Arab Emirates company to increase existing business there is Etihad Airways, which has just said it will expand its African presence with a new daily service to Tanzania. Meanwhile, Trojan General Contracting owned by Sheikh Tahnoon bin Zayed Al Nahyan has secured its place in a $16bn scheme to extend West Africa’s road and railway network.  Kuwait’s Mobile Telecommunications Company last year bought out a Dutch mobile operator that was about to bring a new pan-African brand to market, for $3.4bn.

Click here, to read the full story on Worldbox Business Intelligence.

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