Oluwatosin Alao

329 Articles
Ethiopia teams with Russia’s Rosatom for first nuclear plant, boosting energy security
BusinessTechnology

Ethiopia advances nuclear power plans with Russia partnership

Ethiopia is moving forward with a major plan to modernize its energy sector by signing a strategic roadmap with Russia’s state-owned nuclear company, Rosatom. The agreement marks a pivotal step toward developing the Horn of Africa nation’s first civilian nuclear power plant. Officials see the initiative as a way to diversify electricity supply and reduce dependence on hydropower, which is…

Oluwatosin Alao Oluwatosin Alao
Canal+ revamps DStv pricing to simplify packages and cut costs for African viewers
BusinessTechnology

Canal+ slams DStv pricing, flags complexity for African viewers

Canal+ is moving to reset how pay-TV works in Africa after taking control of MultiChoice, putting the spotlight on simpler pricing for DStv and a clearer path to attract and keep subscribers.  For many households, the issue is straightforward: pay-TV has become harder to understand and, in some cases, harder to afford. Canal+ says DStv’s current structure — with multiple…

Oluwatosin Alao Oluwatosin Alao
Aboubakri Diaw, ECA chief of staff, calls Africa’s current health funding model “damaging.”
BusinessGlobal News

ECA launches plan to boost sustainable funding for Africa’s health systems

Africa’s health systems are facing renewed pressure as governments struggle to balance rising costs with limited public funds. For many families, the strain is personal — healthcare bills are still largely paid out of pocket, often pushing households deeper into poverty.  At the same time, policymakers are under growing pressure to deliver better services with tighter budgets. Health spending remains…

Oluwatosin Alao Oluwatosin Alao
Somalia starts offshore oil drilling with Turkey, eyes jobs, growth
BusinessTechnology

Somalia prepares for historic first offshore oil drilling

Somalia is preparing to embark on a historic step in its energy sector with its first-ever offshore oil drilling campaign. A Turkish government-owned drilling vessel, Çağrı Bey, is expected to arrive off the Somali coast in the Arabian Sea this Friday. Officials say the project could mark a transformative moment for the country’s economy and energy development.  The move follows…

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Egypt, Jordan boost SME ties to grow trade, investment, exports
BusinessTechnology

Egypt, Jordan boost SME support, deepen trade ties across region

Egypt and Jordan are stepping up efforts to support small businesses and expand trade, as both countries look to open new channels for investment and strengthen economic links across the region.  The push brings together two key institutions — Egypt’s Micro, Small and Medium Enterprise Development Agency (MSMEDA) and the Jordan Enterprise Development Corporation (JEDCO) — at a time when…

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Nairobi park dispute grows as conservationists warn of forest loss
BusinessTourism

Dispute grows over development near Kenya’s Nairobi National Park

A dispute over new construction inside Nairobi National Park is drawing renewed attention to how Kenya manages its most sensitive conservation areas, as environmental groups and state officials clash over the future of the reserve.  The row comes at a time when Nairobi is expanding quickly, placing added pressure on land once set aside for wildlife. For many residents and…

Oluwatosin Alao Oluwatosin Alao
Radisson tops 100 Africa hotels, expands in Nigeria, Morocco, SA
BusinessTourism

Radisson expands past 100 Africa hotels, eyes strong 2030 growth

Radisson Hotel Group has passed a key mark in Africa, with more than 100 hotels in operation and development, as it steps up expansion across some of the continent’s busiest travel markets. The move reflects rising demand for branded hotels, driven by business travel, urban growth, and a steady return of international visitors.  The milestone comes at a time when…

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SpaceX nears $1.75 trillion IPO as AI surge boosts tech valuations
BusinessTechnology

Elon Musk’s SpaceX nears $1.75 trillion IPO as AI boom lifts markets

Elon Musk’s SpaceX is preparing for what could be the largest public offering in history. The aerospace and space technology company has confidentially filed for an initial public offering that could value it at more than $ 1.75 trillion. The move comes amid a surge in artificial intelligence, which has lifted tech valuations and renewed investor interest in companies combining…

Oluwatosin Alao Oluwatosin Alao
Atterbury auctions City Lodge Newtown for $3.5 million, eyed for residential conversion
BusinessLuxury

Atterbury auctions former City Lodge Newtown after closure in South Africa

Atterbury Property has sold a shuttered hotel in Johannesburg, a move that reflects how developers are rethinking the future of inner-city real estate as demand shifts away from traditional hospitality.  The former City Lodge Hotel in Newtown, once marketed as a base for exploring the city’s cultural district, was auctioned for close to $3.5 million, according to market estimates. The…

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Mozambique clears $701 million IMF debt as African nations cut borrowing
BusinessGlobal News

Mozambique clears IMF debt as African nations cut foreign borrowing

Mozambique has fully repaid its $701 million debt to the International Monetary Fund, a rare move among African economies working to ease pressure from external borrowing and tighten public finances.  The payment, disclosed in a research note by Standard Bank, clears Mozambique’s balance with the Washington-based lender and brings an end to its outstanding obligations. It also led to the…

Oluwatosin Alao Oluwatosin Alao
CityBlue Hotels rolls out AI concierge across Africa, lifts guest experience
TechnologyTourism

CityBlue Hotels rolls out AI concierge across Africa, reshaping stays

CityBlue Hotels is introducing AI-powered concierge systems across its properties, deepening its push into digital operations as competition rises in Africa’s hospitality sector. The rollout, developed with UK-based Inntelo AI, reflects a broader shift among hotel operators toward faster service and more personalized guest experiences.  The move comes as travel across Africa picks up, supported by stronger regional mobility and…

Oluwatosin Alao Oluwatosin Alao
BusinessTourism

Triumph, M|A partner on new pyramids-view hotel in West Cairo

Triumph Hotels Management and M|A Group is expanding their footprint in Egypt’s fast-growing tourism sector, with plans for a new pyramid-view hotel in West Cairo.  The project, “Triumph Pyramids Hotel,” comes as Egypt steps up efforts to attract more international visitors and private investment into its hospitality industry, a key source of foreign exchange and jobs.  Developers are increasingly targeting…

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