ADQ tightens grip on Egypt’s Alexandria Containers through AD Ports

Abu Dhabi sovereign investor ADQ is taking another step to expand its presence in Egypt's transport and logistics sector through its portfolio company, AD Ports Group. The company said its wholly owned subsidiary, Black Caspian, has submitted a draft mandatory tender offer to Egypt's Financial Regulatory Authority to increase its stake in Alexandria Container & Cargo Handling Company (ALCN). The…

Oluwatosin Alao June 13, 2026

Business Hot News

KCB expands climate finance, screens $4.5 billion in transactions

KCB screens $4.54 billion transactions, expands green lending, surpasses sustainability targets across East Africa markets.

Feyisayo Ajayi June 13, 2026

Business Hot News

Egypt’s Alkan Holding to invest $120 million in auto plant, targeting Kia and BAIC assembly

Egypt’s Alkan Holding plans $120 million auto plant to assemble Kia and BAIC vehicles, boosting local manufacturing and export capacity by 2027.

Feyisayo Ajayi June 13, 2026

Bluechip Technologies acquires Nigerian AI startup YarnGPT

Technology Business

African tech firm Bluechip Technologies acquires AI startup YarnGPT

Bluechip Technologies acquires Nigerian AI startup YarnGPT, strengthening Africa's push for locally built AI solutions.

Oluwatosin Alao June 13, 2026

Business Hot News

Moroccan Venture Capital EmTech launches $60 million Africa tech fund with Proparco backing

EmTech Capital launches $60 million Africa tech fund, with Proparco backing early-stage startups across Francophone markets.

Feyisayo Ajayi June 13, 2026

Tag: KCB

KCB expands climate finance, screens $4.5 billion in transactions

ADQ tightens grip on Egypt’s Alexandria Containers through AD Ports

KCB expands climate finance, screens $4.5 billion in transactions

Egypt’s Alkan Holding to invest $120 million in auto plant, targeting Kia and BAIC assembly

African tech firm Bluechip Technologies acquires AI startup YarnGPT

Moroccan Venture Capital EmTech launches $60 million Africa tech fund with Proparco backing

ADQ tightens grip on Egypt’s Alexandria Containers through AD Ports

KCB expands climate finance, screens $4.5 billion in transactions

Egypt’s Alkan Holding to invest $120 million in auto plant, targeting Kia and BAIC assembly

ADQ tightens grip on Egypt’s Alexandria Containers through AD Ports

KCB expands climate finance, screens $4.5 billion in transactions

Egypt’s Alkan Holding to invest $120 million in auto plant, targeting Kia and BAIC assembly

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