Qatar Airways Expanding Its African Network
By Semafor Africa Photo: Wikimedia Commons Qatar Airways is expanding its African network with new routes and more flights from June, as Gulf companies push deeper into the continent. The Doha-based carrier will resume flights to the Seychelles and Kigali, add a daily service to Marrakesh, and launch a new route to Port Sudan as it kickstarts a network hampered by the Iran war. UAE state-backed firms have so far led Gulf investments into Africa — which span agriculture, mining, renewable energy, and ports — to overtake China as the largest foreign investor. But other players such as Qatar are also pouring into the continent. Power International Holding, owned by Qatari billionaire siblings Moutaz and Ramez Al-Khayyat, is bidding for a contract to build a $12.5 billion airport near Ethiopia’s capital Addis Ababa — set to be the continent’s largest — and a 400-kilometer (250-mile) highway project in DR Congo, Bloomberg reported. Meanwhile, Dubai-based ride-hailing platform Yango Group plans to invest at least $150 million in Africa this year, entering 10 new markets as it bets on smaller cities its larger rivals have overlooked.
Black News 
By Semafor Africa
Photo: Wikimedia Commons
Qatar Airways is expanding its African network with new routes and more flights from June, as Gulf companies push deeper into the continent.
The Doha-based carrier will resume flights to the Seychelles and Kigali, add a daily service to Marrakesh, and launch a new route to Port Sudan as it kickstarts a network hampered by the Iran war.
UAE state-backed firms have so far led Gulf investments into Africa — which span agriculture, mining, renewable energy, and ports — to overtake China as the largest foreign investor. But other players such as Qatar are also pouring into the continent.
Power International Holding, owned by Qatari billionaire siblings Moutaz and Ramez Al-Khayyat, is bidding for a contract to build a $12.5 billion airport near Ethiopia’s capital Addis Ababa — set to be the continent’s largest — and a 400-kilometer (250-mile) highway project in DR Congo, Bloomberg reported. Meanwhile, Dubai-based ride-hailing platform Yango Group plans to invest at least $150 million in Africa this year, entering 10 new markets as it bets on smaller cities its larger rivals have overlooked.
