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African hotel development had returned to growth at the start of 2020, with more than 78,000 rooms in 408 hotels in the pipeline, according to the 12th annual survey by W Hospitality Group, acknowledged as the industry’s most authoritative source. However, the COVID-19 outbreak is now shattering the dreams of Africa’s hotel industry.
Industry Tourism

COVID-19 threatens to ruin a record year for Africa’s hotel developers

EABW Editor

African hotel development had returned to growth at the start of 2020, with more than 78,000 rooms in 408 hotels in the pipeline, according to the 12th annual survey by W Hospitality Group, acknowledged as the industry’s most authoritative source. However, the COVID-19 outbreak is now shattering the dreams of Africa’s hotel industry. W Hospitality […]

Resources

Opinion: Disrupt or be disrupted: it’s do or die for telcos in 2

charlesmulungi

  By Mariam Abdullahi NAIROBI, Kenya–No industry will remain undisrupted in 2018 and the years to come. But for African telco providers, who have feasted on near-uninterrupted subscriber and revenue growth over the past two decades, the need to adapt is paramount. In a market where the average business lifespan is 12 years (compared to […]

Africa ICT

Xoom, a PayPal Service, Announces Secure Money Transfers to Mobile Wallets in 11 Countries in Africa

Godfrey Ivudria

 Helps reduce the cost of sending money to Africa – Kampala – December 9, 2020 – Xoom, PayPal’s money transfer service, announced that the company’s customers in the US, UK, Canada and Europe cans now send secure and convenient money transfers directly to mobile wallets in key markets across Africa with a focus on the underbanked segment. […]