Bloomberg Archives - Shore Africa

IFC Banco Industrial $850 million financing

IFC backs Banco Industrial with $850 million to boost Guatemala’s banking sector

IFC plans $850 million financing for Banco Industrial to strengthen Guatemala’s banking sector and deepen capital markets.

Feyisayo Ajayi March 28, 2026

Meliá expands into Tunisia with five resorts by 2030

Business Tourism

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…

Oluwatosin Alao March 27, 2026

Visa and SWAM team up with AI to protect Moroccan digital and card payments.

Business Technology

Visa and Switch Al Maghrib join forces to fight payment fraud in Morocco

Morocco is moving to strengthen its digital payments system, as Visa and Switch Al Maghrib (SWAM) announce a partnership aimed at reducing electronic payment fraud. The collaboration uses artificial intelligence to detect suspicious activity, reflecting the country’s push to make cashless transactions safer and more reliable. Over the past few years, electronic payments in Morocco have grown steadily. Rising consumer…

Oluwatosin Alao March 27, 2026

Business Global News Hot News

Chairman of the world’s largest brewer, Martin Barrington to retire after nearly a decade on board

AB InBev Chairman Martin Barrington will retire April 29, ending nearly a decade overseeing strategy, governance and global growth.

Feyisayo Ajayi March 27, 2026

Luxury Tourism

TPF Hospitality adds Kagga Kamma Eco Lodge & Spa to its portfolio

TPF Hospitality adds Kagga Kamma Eco Lodge & Spa, expanding its luxury travel portfolio in South Africa’s Cederberg mountains.

Timilehin Adejumobi March 27, 2026

Tag: Bloomberg

Nigerian billionaire Abdul Samad Rabiu’s liabilities exceed $3 billion

Africa’s richest man Aliko Dangote loses $400 million as naira weakens

Africa’s richest man Aliko Dangote adds $3 billion to net worth year-to-date

Aliko Dangote gains $726 million in 24 hours; net worth nears $32 billion

IFC backs Banco Industrial with $850 million to boost Guatemala’s banking sector

Meliá Hotels expands in Tunisia with five new resorts by 2030

Visa and Switch Al Maghrib join forces to fight payment fraud in Morocco

Chairman of the world’s largest brewer, Martin Barrington to retire after nearly a decade on board

TPF Hospitality adds Kagga Kamma Eco Lodge & Spa to its portfolio

IFC backs Banco Industrial with $850 million to boost Guatemala’s banking sector

Meliá Hotels expands in Tunisia with five new resorts by 2030

Visa and Switch Al Maghrib join forces to fight payment fraud in Morocco

IFC backs Banco Industrial with $850 million to boost Guatemala’s banking sector

Meliá Hotels expands in Tunisia with five new resorts by 2030

Visa and Switch Al Maghrib join forces to fight payment fraud in Morocco

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