Emirati airport operator Abu Dhabi Airports announced on October 11, it signed with Seychelles’ authorities an agreement to develop and modernise the Mahé international airport.
“Our goal is to help build a passenger terminal which will meet the best international standards,” said president of Abu Dhab Airports, Ali Majed al Mansoori, at a joint press conference with Seychelles’ transport and foreign affairs ministers, Joel Morgan.
“Abu Dhabi will take part in the financing of the project,” Morgan said adding that details about the financing will be given later.
The Abu Dhabi emirati has already invested in various projects in Seychelles. Etihad Airways holds 40% of Air Seychelles capital while the Abu Dhabi Fund for Development and State-run group Masdar invested significantly in the country’s renewable energy sector.
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
MTN Ghana completes separation of mobile money into new entity Move aims to boost fintech growth ...
Ukraine explores wheat flour production project in Ghana following 2025 cooperation deal; Ghana’s wheat imports surge 56.7% to 1.09 million tonnes in...
Heath Goldfields secures $65 million financing from Trafigura Funding supports Bogoso-Prestea mine after production resumed Deal includes...
Nigeria, Nestlé sign MoU for dairy training center in Abuja Center to train farmers in breeding, milking, and farm management Initiative aims boost...
The Democratic Republic of Congo priced its first dollar bonds below Angola and Congo-Brazzaville yields, two sovereigns already known to international...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...