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Announcements
Marriott International, Inc.
Source: Marriott International, Inc. |

Protea Hotels by Marriott voted Coolest Hotel Brand in South Africa for the 9th consecutive year

This coveted recognition further re-enforces the brand’s deep understanding of a rapidly evolving market and its growing traction in South Africa

For an impressive ninth consecutive year, Protea Hotels by Marriott® (ProteaHotels.com) has been named South Africa’s Coolest Hotel Brand in the Sunday Times Generation Next Survey for 2019. This coveted recognition further re-enforces the brand’s deep understanding of a rapidly evolving market and its growing traction in South Africa. “Designed…

YPO
Source: YPO |

Lessons From Langa: A Sa Success Story

iKhaya Le Langa uses people, planet, profit (PPP) principles and sustainable business tourism to regenerate the region

At the 2019 YPO EDGE (https://bit.ly/2lsI6pR) Anthony Ginsberg (https://bit.ly/2XRGIj) – Managing Director of GinsGlobal Index Fund and Chairman of YPO Financial Services Network – said a common trait of leaders, which is evident in the latest Global Leadership survey conducted by YPO (‪YPO.org) among the CEOs,  is a strong desire to give back…

Marriott International, Inc.
Source: Marriott International, Inc. |

Marriott International opens Second Four Points by Sheraton in Tanzania

The 174 room Four Points by Sheraton Dar es Salaam, New Africa Hotel, features spacious and contemporary rooms including suites

POINT 1: Marriott International, Inc. (NASDAQ: MAR) (www.Marriott.com) today announced the opening of its second Four Points by Sheraton (Four-Points.Marriott.com) hotel in Tanzania, Four Points by Sheraton Dar es Salaam, New Africa Hotel. The original New Africa Hotel was built as the official residence of Kaiser Wilhelm II in 1896. It…

Hilton
Source: Hilton |

Canopy by Hilton Set to Debut in Africa

Lifestyle brand to open in Cape Town’s vibrant Longkloof precinct

Hilton (NYSE:HLT) (www.Hilton.com) today announced the signing of a management agreement with Growthpoint Properties, South Africa’s largest REIT, to open a hotel under its lifestyle Canopy by Hilton brand.  The 150 guestroom Canopy by Hilton Cape Town Longkloof is expected to begin welcoming guests in 2021 and will be the…

International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

Eritrea: International Monetary Fund (IMF) Staff completes 2019 Article IV Mission

Eritrea is in a difficult economic situation following an extended period of international isolation and emergency measures to manage the economy

The peace agreement with Ethiopia and lifting of international sanctions provide a welcome opportunity for Eritrea to build an impetus for economic development; Eritrea is in a difficult economic situation following an extended period of international isolation and emergency measures to manage the economy; the IMF stands ready to support economic…

Embassy of Ethiopia in Stockholm, Sweden
Source: Embassy of Ethiopia in Stockholm, Sweden |

Ethiopia raises over $25m for project to beautify Addis Ababa

The project mainly aims to lift the image and potential of the capital

A fundraising effort aimed at beautifying the Ethiopian capital, Addis Ababa, has raked in over $25 million from a section of the project supporters. PM Abiy Ahmed’s office disclosed on Monday 12 May that the latest amount of funds had been raised from local and international support including from the…

World Tourism Organization (UNWTO)
Source: World Tourism Organization (UNWTO) |

International Tourism Numbers and Confidence on the Rise

Numbers in both Europe and Africa were up by 4%, and in the Americas growth was recorded at 3%

The latest issue of the UNWTO World Tourism Barometer from the World Tourism Organization shows that international tourism continued to grow over the first quarter of 2019. Though at a slower rate when compared with the last two years, the 4% increase registered in early 2019 is a very positive…

International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

International Monetary Fund (IMF) Staff completes Program Review Mission to Benin

Benin’s economy grew by 6.7 percent in 2018 driven by strong agricultural production and port activity

Performance under the IMF-supported program was satisfactory in 2018; Benin’s economy grew by 6.7 percent in 2018 driven by strong agricultural production and port activity; the authorities should pursue their efforts to improve the business environment and infrastructure, strengthen the governance framework, diversify the economy, promote high-quality education and health,…

Ministry of Foreign Affairs - Singapore
Source: Ministry of Foreign Affairs - Singapore |

Travel Notice for Egypt

Singaporeans are advised to plan their travel to Egypt carefully and avoid any travel to the Western Desert, Egyptian land border areas and the Sinai Peninsula

While Egypt as a whole is stable, security incidents continue to take place periodically in Cairo and other parts of the country. A state of emergency was declared after attacks on Coptic churches in April 2017 and was re-imposed for another three months from 25 April 2019. Singaporeans are advised…

Marriott International, Inc.
Source: Marriott International, Inc. |

Marriott International reveals enticing seasonal offer at over 250 properties in 29 countries across the Middle East and Africa

Explore exciting destinations and experiences and enjoy 25% off with complimentary breakfast for Marriott Bonvoy members and 15% off for non-members

Marriott International (www.Marriott.com) has unveiled an enticing offer across 250 hotels and 21 brands in 29 countries across Middle East and Africa. As more and more travelers are increasingly seeking out enriching local experiences, Marriott International is inviting guests to explore spectacular destinations and experiences across the region and save…