Features | - Part 217

Marriott International debuts First Hotel in West Africa in Conakry

CONAKRY (Capital Markets in Africa) – Sheraton Hotels & Resorts, part of Marriott International, Inc. (NASDAQ:MAR), today announced the debut of Sheraton Grand in Africa with opening of Sheraton Grand Conakry, welcoming it to the brand’s premier tier of hotels recognized for their exciting destinations, distinguished designs, and excellence in service and guest experiences. The newly built hotel marks Marriott International’s entry into Guinea, West Africa and joins a portfolio of more than 35 Sheraton…

Crowding the private sector into Africa’s climate action

Posted on by The Editorial Team

LAGOS (Capital Markets in Africa) – The global community for climate action was spooked by the November 8 election of Donald Trump as the next President of the United States. The US President-elect had earned the sobriquet of “climate denier,” for his claim that climate change is a hoax. However, there is cautious optimism that his presidency will not overturn the global agenda on climate change. Hopefully, his views on climate change will change and…

Ghanaian President-Elect Akufo-Addo Walks in Father’s Steps in Rise

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ACCRA (Capital Markets in Africa) – Ghanaian president-elect Nana Akufo-Addo’s family is such an institution in the West African nation that his father’s portrait is printed on its currency. So is his uncle’s. A lawyer and former foreign minister, Akufo-Addo has always been a public figure. He won last week’s election against incumbent President John Mahama after vowing to create jobs, encourage mining of untapped bauxite deposits and boost agriculture in the impoverished north by building…

Sharp Increase in the Activity of Moroccan Companies in Sub-Saharan Africa

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CASABLANCA (Capital Markets in Africa) – Aware of the unprecedented impetus of African economies and of the potential offered by the various national and sub-regional markets, Moroccan and French companies are demonstrating new ambitions in Africa, which are expressed in their development strategies on the continent. According to the third edition of BearingPoint’s International Development Barometer of international firms, “Developing in Africa: comparisons of Moroccan and French companies”, which is produced in conjunction with the…

Ghanaians Vote in Tight Election as Mahama Seeks Second Term

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ACCRA (Capital Markets in Africa) – Voting is under way in Ghana as the nation decides whether to grant President John Mahama a second term in office or hand power to his main adversary, Nana Akufo-Addo, in a race observers, say is too close to call. The winner will face the task of reigniting growth in West Africa’s second-biggest economy while reining in inflation and consolidating public debt. Both Mahama, 58, and Akufo-Addo, 72, have pledged to build new infrastructure…

World’s Biggest Financiers to Meet with Heads of Utilities and Project Developers in Dubai at the Growing Economies: Project Finance Forum on 23-24 January 2017

Posted on by The Editorial Team

Bringing Together Investors and Project Developers for Financing of Energy and Energy Related Infrastructure Projects in North, East and Southern Africa According to a recent EY report, despite current global uncertainties regarding growth prospects the longer-term outlook for economic growth and investment in Africa remains positive. African economies remain resilient, with two-thirds of sub-Saharan African (SSA) economies still growing at rates above the global average this year. In addition to this, North Africa remains at…

Nigeria- Morocco’s Cooperation Carries Immense Economic Prospects for West Africa

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LAGOS (Capital Markets in Africa) – The historical visit of Morocco’s Monarch to Nigeria highlighted the significance of the discussion between the two countries surrounding the construction of a gigantic pipeline, dubbed the Trans-African Pipeline. This joint effort to establish a strong economic collaboration paves the way for an excellent opportunity to make up for lost time to achieve the regional integration that is critical to addressing the real needs of Africans. The Trans-African Pipeline…

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