Tag: Luxury

What $1M buys in Africa: Lagos ranks as continent’s second-priciest land market

Prime land in Lagos now costs $1 million for just 507 square metres, making Nigeria’s commercial capital Africa’s second-priciest market behind Cape Town.

Omokolade Ajayi Omokolade Ajayi

Kenya’s newest skyscraper isn’t in Nairobi—and it’s already 80% sold

Kiambu is set to host Kenya’s tallest building outside Nairobi as Tatu City advances plans for the $55 million Jabali Towers.

Omokolade Ajayi Omokolade Ajayi

South Africa’s richest man Johann Rupert loses $1.3 billion as Richemont shares slide

South Africa’s richest man Johann Rupert has lost $1.3 billion in 11 days as Richemont shares fell 7.87 percent, reducing his fortune to $20.2 billion.

Omokolade Ajayi Omokolade Ajayi

Transcorp Hilton Abuja adds padel courts as hotel expands leisure offering

Transcorp Hilton Abuja has added new padel courts as Transcorp Hotels expands its leisure offering.

Omokolade Ajayi Omokolade Ajayi

Days after flying Dangote on his Global 8000, Abdul Samad Rabiu relaxes on yacht in Monaco

Abdul Samad Rabiu visits Monaco aboard his superyacht after hosting Aliko Dangote on his Bombardier Global 8000.

Omokolade Ajayi Omokolade Ajayi

Marriott to add nine Egypt hotels with more than 1,800 rooms under new deal

Marriott, the world’s largest hotel chain, will develop nine hotels with more than 1,800 rooms across Egypt, backing the country's tourism expansion and investment drive.

Omokolade Ajayi Omokolade Ajayi

How Nigeria’s richest woman built a $100 million Lagos tower without a bank loan

Rising 103 meters over Ikoyi, Folorunso Alakija's $100 million Centre Point tower stands as a striking symbol of Nigerian corporate success.

Omokolade Ajayi Omokolade Ajayi

Tonino Lamborghini enters Africa with $60.5 million Zimbali Lakes project in South Africa

Tonino Lamborghini launches a $60.5 million hotel and branded residences project at Zimbali Lakes on South Africa’s North Coast.

Omokolade Ajayi Omokolade Ajayi

Egypt’s richest man follows $400M gold push with $115M Greek resort

Egyptian billionaire Naguib Sawiris follows a $400 million gold hedge with a new $115.7 million luxury resort on the Mediterranean island of Mykonos.

Omokolade Ajayi Omokolade Ajayi

Nigerian billionaire Abdul Samad Rabiu takes delivery of Bombardier Global 8000, world’s fastest business jet

Abdul Samad Rabiu takes delivery of Bombardier's Global 8000 jet to boost BUA Group's global business travel.

Omokolade Ajayi Omokolade Ajayi

Debt costs push Mauritius-based Evaco Group to $3.1 million nine-month loss

Mauritius property developer Evaco Group falls into a $3.1 million nine-month loss as steep debt costs and plunging revenues stall corporate liquidity.

Omokolade Ajayi Omokolade Ajayi

Mauritius eyes 100 wealthy investors a year with golden visa push

Mauritius plans to attract 100 high-net-worth investors annually through a golden visa requiring at least 1 million dollars in investment.

Omokolade Ajayi Omokolade Ajayi