Arkan Palm partners Crowne Plaza West Cairo for its latest project

EGYPT – Arkan Palm, a subsidiary of Palm Hills Developments, has announced the signing of a service partnership with the upcoming Crowne Plaza West Cairo (an IHG Hotel) for its latest residential community project in Sheikh Zayed City, Canal Walk Island. Located in a strategic location on 205 acres, Canal Walk Island consists of a series of luxury hotel apartments overlooking a 2-km-long river and is the first of its kind in Egypt. “We at Arkan Palm, are pleased to partner with IHG Hotels & Resorts and Crowne Plaza, one…

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Radisson Hotel Group partners with Salaam Properties to debut in Djibouti

DJIBOUTI – Radisson Hotel Group has announced the signing of Radisson Hotel Djibouti, marking the Group’s entry into the country and brings its East African portfolio to 18 hotels and over 2,700 rooms in operation and under development, strengthening its strategic position in the region. This new signing further underscores the Group’ presence as the hotel company active in the most countries on the African continent with close to 100 hotels in operation and under development. The new-build 144-room hotel, scheduled to open in 2024, will comprise not only of…

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11 Plc set to acquire controlling stake in hospitality company Capital Hotel Plc

NIGERIA – Capital Hotel Plc, owners of Sheraton Abuja Hotel, is set to sell 51 per cent stake in the company to 11 Plc, formerly Mobil Oil Nigeria Plc. In a notification to the Nigerian Exchange (NGX) Limited, the board of Capital Hotel Plc said the decision sell the 51per cent stake to 11 Plc was reached at the emergency meeting of its board held on June 14, 2021. The move is in line with 11 Plc’s expansion drive into hospitality industry which it began in 2019 by acquiring Lagos…

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Radisson Hotel Group debuts third hotel in Morocco – Radisson Hotel Casablanca Gauthier La Citadelle

MOROCO – Radisson Hotel Group has announced the debut of its second brand and third hotel in Morocco with the signing of Radisson Hotel Casablanca Gauthier La Citadelle in partnership with Al Hoceinia Hospitality. With construction already underway, the hotel is scheduled to open in 2023 and will consist of 133 guestrooms and suites. Located in the heart of Casablanca’s vibrant and exclusive Gauthier district, one of the prominent corporate, financial and entertainment districts, Radisson Hotel Casablanca Gauthier La Citadelle is just 2.5 km from the glistening La Corniche, the…

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IFC in deal to boost Victoria Falls flights and promote tourism

ZIMBABWE -The International Finance Corporation (IFC), a member of the World Bank, will partner Zimbabwe’s Ministry of Environment, Climate, Tourism and Hospitality Industry in efforts to attract more airlines and flights into the country’s premier tourist destination, Victoria Falls. The partnership, which also include partners like CPCS Transcom a consultancy firm and Cape Town Air Access, a project of  Wesgro, the Tourism, Trade, and Investment Promotion Agency for South Africa’s Western Cape, is focused on helping Zimbabwe conduct data analysis and facilitate dialogue with airlines to recover and strengthen Victoria…

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Jamie Pujara – Hospitality Guru Wins Global Award As He Dabbles Into Real Estate To Pivot From Covid-19

Jamie Pajura was recently awarded the prestigious Mark Lincoln Volunteer of the Year Award 2021 by the Entrepreneurs’ Organization for his selfless dedication to helping fellow business owners survive the Covid-19 pandemic. An entrepreneur whose family opened Nairobi’s first Chinese restaurant Tin Tin Restaurant in 1978, he is an avid investor with prior forays into E-commerce and has recently entered the real estate business. Africa Inc. magazine had a chat with Jamie Pujara.

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PickAlbatros Hotels secures US$23m from Vantage Capital for renovation plans

AFRICA – PickAlbatros Hotels, an international group based in Morocco, has secured US$23 million mezzanine debt funding from Vantage Capital, Africa’s largest mezzanine fund manager. The proceeds will be used to fund working capital and renovation work on several recently-acquired hotels. PickAlbatros is a leading hotel owner and operator in Egypt, with a portfolio of 15 operating hotels and close to 10,000 rooms across the Red Sea resort towns of Hurghada, Sharm El Sheikh, Sahl Hasheesh and Marsa Alam. It also operates two hotels in Morocco. The transaction represents Vantage…

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MTN partners gaming companies for convenient financial operation to their customers

NIGERIA – Y’ello Digital Financial Services (YDFS), a subsidiary of MTN Nigeria, has announced its partnership with gaming operators, Betway, BetPawa and Betmojo through its flagship mobile money transfer service, MoMo Agent. According to the partners, the development will enable customers to cash their winnings and fund wallets conveniently at any MoMo Agent outlet nationwide. “Partnerships are the fuel for progress within our communities. So, we are constantly exploring innovative relationships to help deliver cost-effective, fast, transparent, and reliable remittance services,” said Usoro Usoro, Chief Executive Officer, YDFS. “Our customers…

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Marriot Hotel opens new branch in Lagos, boosting Nigerias tourism economy

NIGERIA – Marriot Hotel has announced its debut in Nigeria with the opening of the highly anticipated Lagos Marriott Hotel Ikeja, that will provide unique hospitality service to Nigerians and others who yearn for luxury, efficient service, good taste and entertainment. The new hotel, which has redefined the skyline of Ikeja GRA adds grace and aesthetics to the beauty of Joel Ogunnaike Street and environs and boasts to be the best Marriot Hotel in Africa. The hotel which operates under Mack Folly Limited, a subsidiary of Skyway Group is located…

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Hospitality investment platform Kasada Capital Management acquires the largest hospitality complex in Namibia

NAMIBIA – Sub-Saharan hospitality investment platform Kasada Capital Management, has announced the acquisition of the 414-key Safari Hotels and Conference Centre in Windhoek, Namibia. The transaction will be made through Kasada Hospitality Fund LP and remains subject to approval by the Namibian Competition Commission. The hotel complex is strategically located within ten minutes of Windhoek’s city centre and adjacent to Eros Airport. It consists of the 215-key Safari Court Hotel, the 199-key Safari Hotel and Namibia’s foremost Meetings, Incentives, Conferencing, Exhibitions (MICE) venue, the Safari Court Conference Centre that includes a…

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