Jumia launches the 3rd edition of the Hospitality Report Africa, shows travel & tourism contributed 8.5% to the continent’s GDP in 2018 Travel and tourism remained one of the key growth drivers of Africa’s economy, contributing 8.5% of the GDP in 2018; equivalent to $194.2 billion. According to the 2019 Jumia Hospitality Report Africa, this […]
Author Archives: Africa Business
A new report from JLL, the world’s largest professional services firm specialising in real estate, has revealed that people seeking to finance a new hotel project in Africa will be much more successful if their hotel is part of a mixed-use development. JLL’s research into global property transactions reveals that in the first half of […]
Also referred to as the Spice Islands, Zanzibar is more than just an itinerary. The unique features of this enchanting island and UNESCO World Heritage Site makes it a dream destination for any tourist looking to have a hell of a time living the easy life and just chilling. The swaying palm trees, coral reefs, […]
The quickest and the probably least helpful answer to this question is a fixed amount; say $500 for example. Many brokers do set a minimum amount required to open a Forex trading account. But if you want a more practical answer, then it gets a bit more complicated! This is because part of how much […]
Science, South Africa News, Startups
Innovative funding models in EduTech help to eliminate skills shortages
According to the latest figures released by Stats SA, South Africa’s unemployment rate jumped to a staggering 29% in the last quarter – the worst it’s been since 2008. The unemployment rate for the youth in particular is one of the highest in the world – currently sitting at 56.4%. With all eyes on government […]
Interviews with global business leaders. Join Mark Willis, Chief Executive Officer, Middle East & Africa, Accor at #AHIF from 23-25 September 2019, Addis, Ethiopia. He will be speaking at our regional leader’s panel to discuss Accor’s growth strategies in Africa, having 143 hotels across the continent and another 60+ to open in the next 36 […]
Morocco News, Startups
The key Moroccan start-up support players come together to promote a competitive innovation ecosystem in Morocco
In the last 3 years, start-ups have been generating a growing interest in Morocco among public institutions, international organizations and corporates. At the African level, startups have managed to attract more than $1 billion in investments from international venture capital players in 2018, which clearly demonstrates their economic and societal impact. Today, Morocco has the […]
Kasese is ideally the main commercial center in Kasese area. It is located in western side of Uganda and it lies north of Lake George. The town became famous at the time of copper mining at Kilembe and later the attention was taken to cobalt mining. This remarkable town also comes with amazing history for […]
A visit to the tribal people and indigenous communities in Africa has seen a significant rise in itinerary inclusions over the years. Rightly so! Not only will you enjoy a nice variety to your time with mother nature, but also benefit from an educational experience that helps break down barriers, overcome stereotypes, and create an […]
An updated assessment by a United Nations Environment Programme-administered treaty has confirmed that poaching continues to threaten the long-term survival of the African elephant. Based on the Proportion of Illegally Killed Elephants data, or PIKE, the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) has evaluated the levels of illegal […]