Oluwatosin Alao

330 Articles
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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Saseka Tented Camp Kruger safari
Hot NewsLuxury

Luxury meets wilderness at Saseka Lodge in South Africa’s Kruger

Saseka Tented Camp blends luxury and wilderness in Kruger National Park, offering eco-conscious safaris with exclusive wildlife experiences.

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Egypt dims Cairo nightlife as rising fuel costs force early closures
BusinessGlobal News

Egypt curbs Cairo nightlife to ease rising energy costs

Egypt is tightening energy use in Cairo, dimming its nightlife as rising fuel costs and regional tensions strain public finances and the power grid. Authorities have ordered earlier business closures and reduced street lighting, a notable shift for a city known for its late-night pace.  The move reflects growing pressure on Africa’s third-largest economy as higher global energy prices push…

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Dalia Elgabry, Vice President and Country Chair, said Egypt’s energy sector grows fast.
BusinessTechnology

Egypt emerges as key energy market as Shell eyes EGYPES 2026

Egypt is steadily becoming a central player in regional energy markets, drawing global attention as the country expands its energy infrastructure and capacity. With rising domestic demand and a strategic location connecting North Africa, the Mediterranean, and the Middle East, the country is increasingly critical for liquefied natural gas (LNG), oil, and renewable energy projects.  Energy companies are taking notice.…

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Telda adds in-app stock trading on Egypt’s exchange, widening access
BusinessTechnology

Telda rolls out in-app stock trading and investment funds for African users

Egypt’s push to widen access to financial markets is gaining ground, with Telda rolling out in-app stock trading and investment funds for everyday users. The Cairo-based platform is offering direct access to the Egyptian Stock Exchange, cutting out the layers that have long made investing feel out of reach for many people.  The move comes as more Africans turn to…

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Le Jadis Beach Resort Mauritius wins top Africa travel honor
LuxuryTourism

Mauritius’ Le Jadis Beach Resort earns top Africa travel honors

Set along the calm, turquoise waters of Turtle Bay, Le Jadis Beach Resort & Wellness is drawing renewed attention as one of Africa’s leading luxury travel destinations. The boutique resort, located on Mauritius’ northwest coast, has earned recognition from international travel critics for its blend of beachfront elegance, cultural heritage and wellness-focused experiences.  The rise comes as Mauritius strengthens its…

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Lesotho pushes for higher royalties in water deal with South Africa as dams expand supply
BusinessTechnology

Lesotho pushes for better terms in key water deal with South Africa

Lesotho is preparing to renegotiate a decades-old water-sharing agreement with South Africa, a deal that contributes about 10% of the kingdom’s economy. Officials say talks could start as early as April, giving the small, landlocked nation a rare chance to press for improved terms with its much larger neighbor.  The agreement underpins the Lesotho Highlands Water Project (LHWP), a $3.1…

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Senegal raises $537 million in bond sale, strong demand eases debt concerns
BillionairesGlobal News

Senegal raises $537 million in bond sale, signaling strong investor demand

Senegal raised 304.15 billion CFA francs ($537.6 million) in its first sovereign bond sale of 2026, beating its target by a wide margin and pointing to steady demand for African debt. The result gives the government short-term breathing room as it faces tighter conditions in global markets.  The sale drew strong interest from both institutional and retail investors, coming in…

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BIM nears 1,000 stores in Morocco after record expansion
BusinessTechnology

BIM’s Morocco network nears 1,000 stores as expansion accelerates

Turkey’s discount retail giant BİM is nearing a key milestone in Morocco, where its store network is approaching 1,000 locations, underscoring the country’s growing role in its international business.  The expansion reflects broader shifts in Morocco’s consumer market. Rising living costs and steady urban growth are pushing more shoppers toward low-price retailers, creating room for chains that focus on affordability…

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SNCF, CFF renew partnership to grow TGV Lyria routes across Europe by 2032
BusinessTourism

SNCF, CFF extend rail partnership through 2032 to boost international transport

SNCF Voyageurs and Swiss Federal Railways (CFF) have extended their partnership through 2032, aiming to strengthen high-speed rail connections between France, Switzerland, and neighboring European countries. The agreement builds on 45 years of cooperation, primarily through the TGV Lyria service, which has become a vital link for both business and leisure travelers.  The renewed deal comes at a time when…

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Egypt’s Waterway plans a $190 million real estate fund as demand rises
BusinessGlobal News

Waterway to launch $190 million real estate fund targeting Africa growth

Egypt’s property market is drawing renewed investor interest as developers look for steady income in a volatile economy. The Waterway Developments is preparing to launch a $190 million real estate fund, adding to a growing pool of structured investment vehicles across Africa.  The Cairo-based firm plans to roll out the fund in the first half of 2026, at a time…

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Meliá expands into Tunisia with five resorts by 2030
BusinessTourism

Meliá Hotels expands in Tunisia with five new resorts by 2030

Meliá Hotels International is stepping up its expansion in the Mediterranean with a new push into Tunisia, as demand grows for high-end, sustainable travel across North Africa.  The Spanish hotel group plans to operate five resorts in Tunisia through a partnership with Management Hospitality Group, with a target of about 3,000 rooms by 2030. The investment signals confidence in Tunisia’s…

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