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2023 Outlook: Radisson Hotel Group continues to break hotel-opening records in Africa

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Radisson Hotel

With close to 100 hotels and 16,000 rooms in operation and under development in Africa, Radisson Hotel Group has opened 14 hotels in the region and signed over 25 new hotels, adding more than 4,800 additional rooms to its portfolio in the last two years alone

CAPE TOWN, South Africa, March 20, 2023/APO Group/ — 

Radisson Hotel Group (https://www.RadissonHotels.com), one of the fastest-growing hotel companies in Africa, plans to strengthen its robust African presence in 2023 further with the opening of eight new hotel already confirmed to date. The Group aims to reach 150 hotels within the next five years across the continent, reinforcing Africa as a key growth market. 

With close to 100 hotels and 16,000 rooms in operation and under development in Africa, Radisson Hotel Group has opened 14 hotels in the region and signed over 25 new hotels, adding more than 4,800 additional rooms to its portfolio in the last two years alone. This equates to 90 percent of its African pipeline and translates to a commendable 15 percent growth to its African operating portfolio, year-on-year, placing the Group well on track to reach its ambitious expansion goals.

Ramsay Rankoussi, Vice President, Development, Africa & Turkey, Radisson Hotel Group comments: “Over the last two years, we have accelerated our growth timeline locally and reached new record milestones across Africa, thanks to our balanced development strategy, our tailored approach, and our swift response to changing market conditions. As a Group, we have prioritized consolidating our market share in key focus markets and expanding our presence in new territories to cement our leading position as the most geographically diverse hotel company across Africa. Our rate of materialization and openings are testament to the quality of our pipeline and our conversion strategy to reposition existing hotels under one of our Radisson Hotel Group brands. What sets us apart, is our owner-centric approach with dedicated teams and relevant brands that balance the lowest development cost with access to development solutions. Our adaptive solutions are created to meet local needs, resulting in compact, midscale, and luxury hotel offerings as well as serviced apartments with a lean operational model and efficiencies as a result of hotel clusters.” 

The Group has successfully reduced the period between its hotel signings and openings from between five and seven years to two to three years, a new record across the region

Key focus markets for the Group’s Africa expansion in 2023 remain Morocco, Nigeria, South Africa, and Egypt, in addition to new markets of interest which include Gambia, Cameroon, Ghana, Tanzania. and the Seychelles – demonstrating a balanced prioritization of Francophone and Anglophone countries. Within these markets, a key priority for Radisson Hotel Group’s development strategy is quick conversions. The Group has successfully reduced the period between its hotel signings and openings from between five and seven years to two to three years, a new record across the region. The newly opened Radisson Blu Livingstone Mosi-oa-Tunya Resort in Zambia (https://apo-opa.info/3lrFkoo), located close to the renowned Victoria Falls, for example, opened in less than 24 months, while Radisson Blu Hotel & Conference Center Niamey (https://apo-opa.info/40mqfDd) in Niger opened in 12 months, both reflecting the Group’s ability to deliver  a fast turnaround and collaboration with the right partners.

Additional hotel openings in 2023 in Africa include the Group’s first hotel in Reunion Island and Ghana and new hotels in Casablanca, Taghazout, and Saidia in Morocco as well as in Hoedspruit (South Africa), Lusaka (Zambia) and Tunis (Tunisia).

 Highlights from 2022 included entry into several key new African markets, including three new hotels in Madagascar, making Radisson Hotel Group the largest international operator on the island. The Group signed its  first Radisson-branded hotel in East Africa, Radisson Hotel Addis Ababa Bole Airport and the Radisson Individuals brand was introduced to the continent with the opening of Marina Resort Port Ghalib, a member of Radisson Individuals (https://apo-opa.info/406OJB2), in Marsa Allam, Egypt.

The opening of Radisson Blu Hotel, Juba (https://apo-opa.info/40kWAdS), South Sudan marked the country’s first internationally branded 5-star hotel, while the signing of Radisson Resort Dakar Saly (https://apo-opa.info/42rZzTu) in Senegal continued the brand’s growth strategy locally. In South Africa, Radisson Hotel Group expanded its portfolio to more than 14 properties with the opening of its latest addition, Radisson Blu Hotel Durban Umhlanga (https://apo-opa.info/42qfhyp) and upcoming opening of Radisson Safari Hotel, Hoedspruit later this year, the Group’s first Safari resort in the country. Additionally, the opening of Radisson Hotel Sfax (https://apo-opa.info/42CzEJ9) in Tunisia and the rebranding of La Maison Blanche Tunis as a Radisson Individuals property reinforced the Group’s presence in the region. The Group also signed Radisson Collection Marsa Alam, Egypt with 294 rooms and Radisson Hotel Yaounde, Cameroon with 220 rooms – both opening in 2024.

Distributed by APO Group on behalf of Radisson Hotel Group.

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Energy Capital & Power Establishes London Entity, Expanding Global Platform for Energy and Mining Events

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Energy

The move strengthens ECP’s presence in the UK and Europe, and its ability to connect African and South American markets with global investors

LONDON, United Kingdom, August 6, 2026/APO Group/ –International events company Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) has officially established its UK entity in London, marking a milestone in the company’s growth strategy and reinforcing its ability to deliver world-class energy and mining events and campaigns in the UK and Europe.

By establishing a presence in a key hub like London – the pre-eminent energy and mining finance center – ECP actively shapes the global energy conversation. The expansion positions ECP to better serve clients, partners and investors seeking to develop business opportunities between Africa, Europe, the Americas and energy markets worldwide.

Opening our UK company brings ECP closer to key investors in the global energy finance capital

The milestone comes as ECP strengthens its reach through a series of investment platforms that connect global capital to energy and mining projects. These include the Venezuela Energy Week London Showcase on July 30 – with over 300 delegates registered – and the annual Invest in African Energy Forum, held in Paris as the premier event connecting global investors to Africa’s energy transformation.

ECP hosts high level summits and investor conferences in leading energy and minerals producing countries in Africa and South America, including: Venezuela Energy Week; Angola Oil & Gas; MSGBC Oil, Gas & Power; African Mining Week; Libya Energy & Economic Summit; Congo Energy & Investment Forum; South Sudan Oil & Power; and Caribbean Energy Week. The company has hosted investor forums and supported licensing round roadshows in Houston, London and Paris since 2016.

“Opening our UK company brings ECP closer to key investors in the global energy finance capital,” states CEO James Chester. “Having a permanent presence in London further cements our footprint in Europe, enabling us to fulfil our mission to bring minerals and energy investment to diverse global markets.”

With teams located across Africa, Europe and the Americas, ECP has long-facilitated strategic engagement, market intelligence and industry convening, uniting investors with leading energy and mining projects.

Distributed by APO Group on behalf of Energy Capital & Power.

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Guyana’s Next Wave of Offshore Projects Sets the Stage for Caribbean Energy Week Launch

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Etu Energias

The Caribbean Energy Week 2027 launch in Georgetown on September 1 will highlight the multi-billion-dollar developments driving Guyana toward 1.7 million bpd and creating new opportunities across the energy value chain

GEORGETOWN, Guyana, August 6, 2026/APO Group/ –Guyana’s rapidly expanding offshore development pipeline will take center stage when government officials, operators, investors and service providers gather in Georgetown on September 1 for the official launch of Caribbean Energy Week 2027. As the country advances a series of multi-billion-dollar developments across the Stabroek Block, the launch event will provide an early look at the projects, partnerships and investment opportunities expected to define Guyana’s next phase of growth.

 

With more than 30 discoveries made to date and multiple projects under construction or progressing through development, Guyana is targeting oil production of 1.3 million bpd by the end of 2027 and 1.7 million bpd by 2030, up from approximately 900,000-910,000 bpd today. As exploration success transitions into long-term production growth, opportunities are expanding across upstream development, offshore infrastructure, engineering, logistics and oilfield services.

Among the most significant near-term milestones is the Uaru development, ExxonMobil’s fifth sanctioned project offshore Guyana, which is expected to achieve first oil in 2026. The $12.7 billion development will produce up to 250,000 bpd from approximately 800 million barrels of recoverable resources across the Uaru, Mako and Snoek fields, utilizing up to 76 development wells and an FPSO with storage capacity of two million barrels.

Production capacity will expand further through the Whiptail development, ExxonMobil’s sixth sanctioned project in Guyana. Targeting first oil in late 2027 or early 2028, the $12.7 billion project will unlock approximately 850 million barrels across the Whiptail, Pinktail and Tilapia fields through up to 72 development wells. Designed to produce 250,000 bpd, the development will utilize the Jaguar FPSO currently under construction by SBM Offshore.

Looking beyond the current construction pipeline, Guyana is already advancing the projects expected to sustain production growth toward its 2030 target. The Hammerhead development, approved in 2025, is expected to commence production in 2029 with capacity of 150,000 bpd, while the proposed Longtail development would combine the Longtail, Tripletail and Turbot discoveries into one of the country’s largest integrated offshore developments, with planned production of 1.5 billion cubic feet of gas per day and 290,000 bpd of condensate.

These projects illustrate the scale of Guyana’s long-term development pipeline and the breadth of opportunities emerging across the energy value chain. Beyond offshore production, continued investment will be required across subsea systems, floating production infrastructure, drilling, marine logistics, engineering services, gas infrastructure and local content development as successive projects move toward execution.

Caribbean Energy Week 2027 will host its in-country launch at the Guyana Marriott Hotel in Georgetown on September 1, 2026, bringing together government officials, investors, operators and industry stakeholders for an early look at the opportunities, priorities and partnerships that will shape the region’s energy future. To register, please visit https://apo-opa.co/4cql5i3

 

Distributed by APO Group on behalf of Energy Capital & Power.

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Non-Governmental Organisation (NGO) Campaigns Against Perenco Threaten Energy Development in the Democratic Republic of the Congo (DRC)

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African Energy Chamber

Africa needs responsible energy investors that create jobs, support communities and expand energy access – not narratives that undermine the companies driving the continent’s development

JOHANNESBURG, South Africa, July 31, 2026/APO Group/ –Fresh criticism of Perenco’s operations in the Democratic Republic of the Congo (DRC) has once again brought one of Africa’s biggest energy development challenges the fore: NGO-led smear campaigns.

While framed as a challenge to one company’s environmental performance, the campaign reflects a broader pattern of NGO-led attacks on African oil development. As the voice of the African energy sector, the African Energy Chamber (AEC) strongly condemns the attack, recognizing it as a direct attempt to stop Perenco’s activities, limit DRC oil exploration and prevent any meaningful development across the country’s economy.

 

The scrutiny follows allegations published by Human Rights Watch regarding environmental impacts linked to Perenco’s operations in Muanda, as well as a government-commissioned environmental review that identified areas requiring further attention. Perenco has disputed aspects of the findings, maintaining that it operates in accordance with applicable regulations and has implemented environmental management measures across its operations.

 

For the AEC, this latest report demonstrates a tactic whereby NGOs rely on sensationalized rhetoric rather than facts and technical evaluations to promote a false narrative about energy companies’ operations. This approach has been seen across other smear campaigns, and the AEC strongly urges the Government of the DRC to be careful not to fall into this trap.

 

Perenco has spent more than two decades operating in the DRC, creating jobs, supporting communities, investing in infrastructure and helping deliver energy where it is needed most

Perenco has operated in the DRC for more than two decades, establishing itself as the country’s only producing oil operator through its onshore subsidiary Perenco Rep and offshore subsidiary Muanda International Oil Company. The company’s operations support average combined production of approximately 19,500 barrels of oil per day and employ around 1,500 DRC nationals, contributing to local economic activity and the country’s energy sector.

 

Beyond production, Perenco has invested in infrastructure and community development initiatives in Muanda. Through its 20 MW gas-fired power plant, the company supplies electricity to local installations, including those of the Société Nationale d’Électricité, while also providing power to the city of Muanda and surrounding villages.

The company has also supported community programs focused on education, healthcare, infrastructure, water access, electricity, employment, culture, sport and environmental initiatives. Across its global operations, Perenco has highlighted efforts to improve environmental management, reduce emissions and strengthen operational efficiency.

“Africa cannot afford to drive away the companies that are investing in our future,” said NJ Ayuk, Executive Chairman of the AEC. “Perenco has spent more than two decades operating in the DRC, creating jobs, supporting communities, investing in infrastructure and helping deliver energy where it is needed most. Companies operating in Africa must be held accountable, but accountability cannot become a pretext for undermining responsible investors who are helping African countries develop their resources and fight energy poverty.”

The AEC believes responsible resource development requires both strong environmental oversight and recognition of the companies working to create economic opportunity across the continent. Africa cannot achieve industrialization, strengthen energy security or expand access to reliable power without investment from experienced operators with the technical expertise and capital required to develop its resources.

The DRC, like many African countries, faces the challenge of balancing environmental protection with the need to leverage its natural resources for economic transformation. Achieving this balance requires strong regulatory institutions, transparent processes and partnerships between governments, companies and communities.

As global competition for energy investment intensifies, Africa must ensure that legitimate environmental discussions do not become a broader deterrent to responsible development. The continent’s future depends on attracting companies committed to long-term partnerships, responsible operations and delivering shared value.

The AEC will continue advocating for an energy sector that supports both environmental responsibility and economic progress, recognizing that Africa’s development goals require investment, expertise and partnerships.

Distributed by APO Group on behalf of African Energy Chamber.

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