Radisson Hotel Group expands its clout in African with new hotel in Djibouti
Radisson Hotel Group has entered the Djibouti hospitality industry after signing an agreement to build a new hotel in Djibouti that will be known as Radisson Hotel Djibouti. The deal marks the group’s entry into the country and brings its East African portfolio to 18, with over 2700 rooms in...
Oil and gas: Africa doesn’t have to shy away from China despite its poor record on environment
Throughout the 2021 economic recovery, API’s data have demonstrated the intertwined relationship between the nation’s recovering economy and affordable, reliable energy. Leading economic indicators have continued to rise and along with them, so has oil demand – even as global oil drilling and investment have fallen. According to the International...
Zimbabwe overcome Mexico in World Rugby Sevens Repechage in Monaco
Zimbabwe recorded an impressive 21-0 victory against Mexico as the World Rugby Sevens Repechage got underway at Stade Louis II. Nine men’s teams and 11 women’s teams are in Monaco to compete for the three remaining places at Tokyo 2020 and Zimbabwe got off to a perfect start with three...
African countries begin to win race against Covid with timely testing laboratories
In March 2020, Africa had its back to the wall, helpless in the face of the magnitude of a virus that appeared in Asia and quickly spread to the entire planet. Only two African countries were then able to test for the novel coronavirus: Senegal, with its Pasteur Institute, and...
SA tourism minister sighs with relief after Hyve picks Cape Town for energy parleys
Hyve Group Plc, organisers of Africa Oil Week have signed a three-year deal with the CTICC in Cape Town to reaffirm their long-term commitment to the continent. In response, South Africa’s Tourism Minister Mmamoloko Kubayi-Ngubane said, “I am delighted with the news that from 2022, Hyve Group will be hosting...
Africa Renewable Energy Fund II secures €125 million first tranche for investment
The Africa Renewable Energy Fund II has achieved its first close at €125 million, following a joint investment of €17.5 million from The Sustainable Energy Fund for Africa and the Climate Technology Fund through the African Development Bank. AREF II, a successor to the original Fund, is a 10-year closed-ended...
Opec Secretary General confirms he will attend African Energy Week in South Africa
Opec General Secretary Mohammed Barkindo and three oil ministers from three African countries have confirmed they will attend African Energy Chamber’s conference in Cape Town, South Africa, in November. The confirmations come against a backdrop of criticism of a similar event set for Dubai, United Arab Emirates, which some oil...
Mobile phone app Truecaller announces launch of ‘smart’ SMS feature in Africa
Truecaller, the world’s most trusted and accurate caller ID and telephone search engine, is rolling out a new feature to further augment the user experience in Africa. The new feature, Smart SMS, has been introduced based on user feedback and is designed to cater to the evolving needs of consumers,...
Egypt gets €83m AfDB loan for electricity sector to spur economic recovery
The African Development Bank (AfDB) has approved an €83 million loan to finance the second phase of Egypt’s Electricity and Green Growth Support Programme. The funding is part of the bank’s budget support to the Egyptian government to strengthen its electricity infrastructure to bolster the private sector and accelerate recovery...
AfDB approves $1.4 million for Zambia to improve household food security
The African Development Bank has approved a $1.4 million grant from the Global Agriculture and Food Security Programme to reduce malnutrition among the Southern African nation’s most vulnerable households. The Mitigating Impacts of Covid-19 on Household Food Security Project will create about 150 permanent skilled or semi-skilled positions and 40...
