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Tag: Egypt hospitality market

Red Sea Marina and Hotel Development

Egypt’s billion-dollar hospitality expansion plans

Egypt bets big on luxury hotels and global brands.

Timilehin Adejumobi March 4, 2026

Hotel Indigo, IHG development

IHG Hotels expands Egypt portfolio with Jadeer partnership

New Cairo to welcome Hotel Indigo as IHG expands its Egypt portfolio with Jadeer.

Timilehin Adejumobi September 21, 2025

Nigerian banker Segun Agbaje, CEO of GTCO.

Business Hot News

Nigerian banker Segun Agbaje to pocket N490 million from GTCO

Segun Agbaje to receive N490 million from GTCO dividends as the bank maintains payouts despite lower 2025 profit and earnings pressure.

Omokolade Ajayi April 12, 2026

World Bank backs Morocco with $500 million to boost jobs, clean energy

Business Global News

World Bank backs Morocco with $500 million to boost jobs, green growth

The World Bank has approved a $500 million financing package for Morocco, deepening support for job creation and green growth as the country pushes ahead with economic reforms. The funding comes as officials face rising pressure to address youth unemployment and bring more women into the workforce, while also strengthening Morocco’s position in renewable energy and manufacturing. It reflects a…

Oluwatosin Alao April 12, 2026

Michelangelo-Towers

South Africa’s Michelangelo Hotel shuts amid ownership battle at legacy

Michelangelo Hotel in Sandton remains shut as a takeover battle between Legacy shareholders heads to appeal, leaving the landmark property idle.

Timilehin Adejumobi April 12, 2026

Pearl of Africa Hotel debt crisis

Business Hot News Luxury

Why Ugandan businessman Mohammed Hamid’s $300 million Pearl of Africa Hotel is still in debt crisis

Ugandan businessman Mohammed Hamid risks losing his $300 million hotel as $160 million debt pushes it toward possible auction.

Feyisayo Ajayi April 12, 2026

Nigerian billionaire businessman Tony Elumelu.

Billionaires Business Hot News

Nigerian billionaire Tony Elumelu’s Seplat stake tops $800 million as shares climb

Nigerian billionaire Tony Elumelu’s Seplat stake surpasses $800 million as oil rally and earnings lift shares.

Omokolade Ajayi April 12, 2026

Nigerian banker Segun Agbaje, CEO of GTCO.

Business Hot News

Nigerian banker Segun Agbaje to pocket N490 million from GTCO

Omokolade Ajayi April 12, 2026

World Bank backs Morocco with $500 million to boost jobs, clean energy

Business Global News

World Bank backs Morocco with $500 million to boost jobs, green growth

Oluwatosin Alao April 12, 2026

Michelangelo-Towers

South Africa’s Michelangelo Hotel shuts amid ownership battle at legacy

Timilehin Adejumobi April 12, 2026

Nigerian banker Segun Agbaje, CEO of GTCO.

Business Hot News

Nigerian banker Segun Agbaje to pocket N490 million from GTCO

Omokolade Ajayi April 12, 2026

World Bank backs Morocco with $500 million to boost jobs, clean energy

Business Global News

World Bank backs Morocco with $500 million to boost jobs, green growth

Oluwatosin Alao April 12, 2026

Michelangelo-Towers

South Africa’s Michelangelo Hotel shuts amid ownership battle at legacy

Timilehin Adejumobi April 12, 2026

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About Us

Shore.Africa is a digital news platform focused on Africa’s leading luxury destinations, companies, business leaders and public figures. It operates under Travel Shore, a Lagos-based media and public relations company.

Our Team

Feyisayo Ajayi 1340 Articles

Feyisayo Ajayi is the Head of Digital strategy and growth, Shore Africa, the flagship media brand under the Travel Shore umbrella. He brings over a decade of multidisciplinary experience across media, finance, and technology. Feyisayo holds a bachelor’s degree in Geology from the University of Ibadan, Nigeria.

Digital strategy and growth,

Omokolade Ajayi 324 Articles

Timilehin Adejumobi 809 Articles

Oluwatosin Alao 292 Articles

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