Living in Dubai, you really notice how much Gulf capital is pushing into African tech and telecom infrastructure at the moment. Al Ashram's group has been expanding data centres across the region, so MTN teaming up with a Dubai-based partner for AI infrastructure makes sense. It will be...
Good to see another SA bank setting up shop in the DIFC. It should make trade finance and corporate banking between the two markets a lot smoother. The Dubai–South Africa business corridor has been growing fast over the last few years.
Good to see SA banks building a physical presence in the DIFC, joining Standard Bank and FirstRand there. A Dubai office makes real sense for corporate and investment banking clients working across the Africa-Middle East corridor, especially for trade finance. It should also make life easier for...