Hilton (NYSE: HLT) (www.Hilton.com) has signed a management agreement with Group Sadiki (www.GroupSadiki.com) to open its first hotel in Casablanca.

Published in North Africa

Mara Delta (formerly Delta Africa), the first multi-listed property fund to offer international property investors direct access to immediate high growth opportunities on the African continent outside of South Africa, today announced that it is looking into investing a further US$ 110 million into Mozambique, by acquiring an additional four properties, as well as the second stage development of its Anadarko building.

Published in Southern Africa

New report sponsored by global law firm Baker & McKenzie finds that the funding gap for African infrastructure narrows to about USD25bn a year.

Published in Southern Africa
Wednesday, 11 September 2013 22:11

Vibeiras awarded another contract in Casablanca

The Vibeiras branch in Morocco was awarded the contract for the maintenance of green areas – Section 3 following an international public tender launched by the Casablanca Municipality.

Published in North Africa
Monday, 19 January 2004 00:00

Africa's grid a step closer to reality

POWER utility Eskom's longstanding vision of harnessing the hydroelectric potential of the Congo River moved a step closer this week with the pending signing of the intergovernmental memorandum of understanding.

Published in Southern Africa

South Africa, along with Egypt, Nigeria, Morocco and Tunisia, accounted for 60 percent of all direct investment inflows into Africa from 1997 to 2001, a draft World Economic Forum (WEF) report had shown.

Published in Southern Africa
Tuesday, 24 July 2001 08:34

Africa Internet market doubles

The Internet market in Africa doubled from 2.5m users to 5m last year, while the South African market grew by close on 80%.

Published in Southern Africa
Tuesday, 07 August 2001 01:01

Investment in Africa dips

 A 50% DROP in foreign direct investment in Africa's main recipients SA, Angola and Morocco was the main reason for the 13% drop in foreign direct investment inflows into Africa last year, with the continent now accounting for less than 1% of global flows.

Published in Southern Africa