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 […]
Author Archives: Africa Business
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 […]
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 […]
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 […]
With more than 15,000 rooms in the pipeline The stars of hotel development in Africa are Egypt, Nigeria, Morocco and Ethiopia, according to the 11th annual survey by W Hospitality Group, acknowledged as the industry’s most authoritative source. The four countries head the top ten by numbers of rooms in the internationally-branded hotel development pipeline, […]
Located in the second largest continent Africa, Johannesburg is the largest city of South Africa. It is the most populous city of South Africa as well. It is known as the city of gold, the modern day El Dorado. Popularly known as the home town of great leaders and activists like Nelson Mandela and Desmond […]
AviaDev, Africa’s premier event dedicated to developing connectivity to, from and within the African continent, in conjunction with partners, MIDAS Aviation and Futureneers Advisors have estimated the potential revenue from new African aviation routes could yield USD $29bn in direct revenue. This revenue, which is more than the individual GDP’s of 70% of the countries […]
JLL has released its 2019 SA Hotel Investment Outlook report forecasting that R1.9 billion will be invested into new hotels, and around R6.9 billion in total over the next three years. This translates into 3,900 new rooms across South Africa. The report highlights that there has been a clear shift in the way that capital […]
Africa is urbanizing fast, as its population grows and many flocks to cities in search of jobs, education and healthcare. Studies show that hundreds of millions more Africans will live in cities over the next three decades. Many of these new urban Africans, however, are likely to end up in informal settlements. Already an estimated […]
Africa is the second largest and second most populous continent in the world. It covers an area of 30,370,000 square kilometers and has a huge population of 1.2 billion. It is right behind the Asia continent in terms of both population and area. Algeria and Seychelles are Africa’s largest and smallest countries respectively. Nigeria is […]
Biggest-ever DevConf opens with warning on ethics in new world of computing Quantum computing and AI and machine learning are dramatically changing the face of computing, presenting the risk of a range of unintended consequences. This is according to Cliff de Wit, former chief innovation officer at Microsoft and now the CTO and co-founder of […]
A new study led by the London School of Hygiene & Tropical Medicine, Imperial College London and Malaria Atlas Project, University of Oxford has revealed that improved housing had doubled on the African continent between 2000 and 2015. The study published in the “Nature International Journal of Science” is the first accurate estimate of urban […]
Angola, a country which has been within the grasp of heavy war for decades. Angola got her independence in the year of 1975. But another dark era was waiting for them. Just after achieving their independence in 1975, the civil war began lasted till 2002, which means for almost 27 years! But the best part […]
Mr. Elhiraika said Africa’s growth is projected to remain strong, moderating around 3.2% in 2018, but expected to recover to 3.4% in 2019 and 3.8% in 2020 African countries need policies that can help build resilience, raise potential growth and inclusiveness if the continent is to achieve the sustainable development goals and aspirations of Africa’s […]
Living in a Sub-Saharan can be a lot harsh. In a country full of barren lands it can be hard to relocate a source of protein, making a product like chicken hard to come by as the people of general cannot afford it, making it available to only a specific line of affluent people. Why […]
Easy of Doing Business in Thekwini (Durban) Easy of Doing Business in Cape TownSouth Africa is a country of a mixed economy. It has a relatively high gross domestic product than other countries in Africa. Despite having a mixed economy and high GDP, South Africa has a problem of poverty and unemployment. Business is a […]
Hotels in Addis Ababa are known for their great service and generosity. The nation is blessed with an array of flora and fauna. In addition, the country has lots of sunshine throughout the year. Consequently, the most fashionable tourism catchphrase of the country is “13 months of sunshine”. Lots of travelers stopover Ethiopia each year […]