African Business News

Hotel chains target Africa

Leading international hotel chains are expanding their presence in Africa due to the region's high economic growth rates and strong demographic trends.

With more than half of the continent set to produce an average GDP expansion of 5% annually, fuelled in part by rising exports of

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Foschini eyes rich pickings in Africa

OVER the next three years, Foschini Group plans to double its African footprint from its spread of 104 stores, CEO Doug Murray said at the group’s annual general meeting on Tuesday.

Political stability and strong economic growth has seen the rest of the continent lure

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Africa's greenest hotel opens in Cape Town

Just 400 metres from Cape Town International Airport, the hotel is part of the city’s 110% green initiative to make it the province with the lowest carbon footprint.

Hotel Verde boasts the title of Africa’s Greenest Hotel, but it is not just the paint the owners of Hotel

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Africa offers good prospects for Yinson

Yinson Holdings Bhd sees the African continent offering good long-term growth prospects for the company’s oil and gas (O&G)-related services.

Chairman and managing director Lim Han Weng (pic) said the O&G exploration and production activities would create demand for

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Latest African news, articles, business information and special reports from across the African continent.