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Radisson Hotel Group announces seven new hotels in Africa for the first half of 2023

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Radisson Hotel Group

These openings include the Group’s first hotel openings in Reunion Island and Ghana and expanding its resort presence in Casablanca and Saidia in Morocco as well as in South Africa, Egypt and Tunisia

NAIROBI, Kenya, June 13, 2023/APO Group/ — 

Radisson Hotel Group (https://www.RadissonHotels.com) continues its ambitious growth in Africa with the signing of seven new hotels, adding over 1,400 rooms to its African portfolio. The new hotels expand the Group’s brands, spanning from upscale to premium luxury lifestyle with a new market entry in Gambia and the introduction of new brands in key markets with the first Radisson Collection in Nigeria and Egypt, the first Radisson RED hotel in Nigeria, and the introduction of the Radisson brand in Kenya.

As one of the fastest-growing hotel companies in Africa, Radisson Hotel Group plans to further strengthen its robust African presence this year beyond signings with at least seven hotel openings and over 1,400 rooms. These openings include the Group’s first hotel openings in Reunion Island and Ghana and expanding its resort presence in Casablanca and Saidia in Morocco as well as in South Africa, Egypt and Tunisia.

Elie Younes, Executive Vice President and Global Chief Development Officer at Radisson Hotel Group comments: Thanks to the relevance of our brands and trust of our owners, we have a successful growth momentum in Africa thus far, this year. With the continent remaining a focus market for us, we are committed to further contribute to the African hospitality industry, providing more possibilities to our guests and employment opportunities to the local communities.’’

Speaking at the Africa Hotel Investment Forum in Nairobi, Ramsay Rankoussi, Vice President, Development, Africa & Turkey at Radisson Hotel Group said: “We are thrilled to be maintaining our growth momentum across Africa, bringing our tally of new signings for 2023 so far to seven hotels and over 1,400 rooms. An even better indication of our growth is the materialization of our pipeline into openings, where we have led consistently the biggest market share for the last 36 months, translating to a commendable 15 percent growth on our African portfolio, year-on-year, placing us well on track to reach our objective of 150 hotels within the next five years from 100 hotels today. Our rate of materialization and openings is a testament not only to the quality of our pipeline but also reflects our conversion strategy in repositioning existing hotels under one of our brands. We are also proud to further entrench our stance as the operator with the most extensive presence in Africa with once again a new market entry as the only hotel operator.”

The new hotel signings include:

Radisson Collection Resort, Marsa Alam Port Phoenice

Scheduled to open in early 2025, the resort, which introduces Egypt to the Group’s premium lifestyle brand, Radisson Collection, will be situated in Port Phoenice on the Red Sea, a waterfront premier integrated resort community boasting luxury residents, golf estates, water activities, retail centers, hospitals, and schools and easily accessible from Marsa Alam International Airport (only 35 minutes’ drive away). The resort location makes it an excellent spot for a vacation, with venues for dining, entertainment, boutique shopping, cultural expedition, activities, and lively nightlife located all nearby.

The newly built resort will comprise of 294 rooms, including 20 suites, all carefully curated with a mix of Mediterranean and Italian architecture. The resort will offer a lobby lounge, one all-day dining restaurant, one high-end specialty restaurant, as well as a stunning beach restaurant, and a beach bar with mesmerizing sea views. The resort will also offer a fitness center, diving center, a theatre, kids club, several pools, and direct access to the beach.

Radisson Collection Hotel & Conference Center, Abuja

The new-build, 249 room hotel will be Abuja’s first luxury hotel and will further expand the Group’s Radisson Collection portfolio in Nigeria as the country’s third Radisson Collection hotel and the premium lifestyle brands debut in Abuja. The hotel will have an expansive range of rooms, from standard rooms and apartments to lofts and presidential suites. Spanning across almost 3000 square meters, the meeting spaces will consist of a dividable conference hall, five meeting rooms, a board room, as well as a pre-function area.

Located next to the Presidential Palace in Maitama District, one of the most sought after and exclusive areas in Abuja, the hotel will be a 45-minute drive from the Nnamdi Azikiwe International Airport, the country’s second busiest airport after Lagos. In proximity to the hotel is the city’s most popular market, Wuse market, Jabai Boat Club, a water based recreational facility and family entertainment center, and Abuja National Mosque, also known as the Nigerian National Mosque, built in 1984.

Radisson Blu Beach Resort & Spa, Banjul

We are thrilled to be maintaining our growth momentum across Africa, bringing our tally of new signings for 2023 so far to seven hotels and over 1,400 rooms

The new-build, 462 room hotel currently under construction, marks the Group’s debut in Gambia as the first internationally branded hotel in the country. Scheduled to open early 2025, the resort will be located in the Bijilo region in Banjul, the country’s capital city, spanning over 17 hectares with direct access to the ocean, surrounded by tranquil, picturesque landscapes. The resort will offer large, contemporary rooms, presidential apartments, and royal villas as well as five food and beverage outlets, including a cocktail bar, an all-day dining restaurant, a specialty restaurant, poolside restaurant and beach bar. Other hotel facilities will include a fitness and wellness center.

The 3,025 square meters meetings and events space with beach access, will consist of a conference hall, 12 meeting rooms, conference room, board rooms, reception, pre-function area and banquet showroom.

Radisson Blu Hotel Abuja CBD

Following the recent signing of Radisson Collection Abuja, is the announcement of the first Radisson Blu hotel in Nigeria’s capital city, the Group’s 10th hotel and 3rd Radisson Blu in Nigeria. The 104-room hotel, scheduled to open early-2025, will be in Abuja’s Central Business District (CBD), 45 minutes from the Nnamdi Azikiwe International Airport.

The hotel will have a stylish piano bar and an all-day dining restaurant along with fitness and wellness facilities and 245 square meters of meetings and events space.

Radisson RED Lagos VI

Further expanding the Group’s presence as its 11th hotel in Nigeria and 7th hotel in operation and under development in Lagos, is the highly anticipated debut of the bold and cutting-edge upscale Radisson RED brand in Nigeria. The new-build, 62 room hotel scheduled to open end-2025 will introduce the country to the renowned Radisson RED brand and its unique food and beverage concepts through its lobby bar, all day dining restaurant and rooftop bar and terrace which in true Radisson RED style will become the most coveted rooftop venue in the country.

Additional facilities will include a gym and pool along with 249 square meters of flexible meetings and events space, consisting of a conference room, a board room and two meeting rooms. The hotel will be located just over 30 minutes’ drive from Lagos Murtala Muhammed Airport, in Victoria Island, the main business and financial center and one of the most sought-after residential areas in Lagos, which has the highest hotel performance in West Africa due to its financial hub status and size of its economy.

Radisson Hotel Nairobi Airport

The Group’s 4th hotel in Kenya and first Radisson property in the country, is the new build, 200 room Radisson Hotel Nairobi Airport, scheduled to open mid-2027

With proximity to JK International Airport, the property will be easily accessible to tourists as well as business travelers. It is also 22km from Nairobi National Park, the only national park in the world in proximity to the city. The hotel will have a lobby bar and an all-day dining restaurant as well as extensive facilities including a gym, spa, pool, retail unit and crew lounge. The meetings and events area will consist of a conference room, two meeting rooms, a board room and a business center.

Radisson Hotel Algiers El Mouradia

Marking the Group’s second hotel in the country, complementing the Radisson Hotel, La Baie d’Alger, currently under construction and bolstering the limited internationally branded hotel supply in Algiers is the country’s second Radisson hotel, scheduled to open mid-2026.

Located in the sought after El Mouradia district, known as the home of the Algerian presidency, several ministries and embassies, the 148-room hotel is also in proximity of the city center and Port of Algiers, standing as the main port of Algeria and just 15km west from Algiers International Airport.

With an array of food and beverage outlets, the hotel will include an all-day dining as well as a signature restaurant, a juice bar and sky bar all with flowing terraces and a coffee bar and coworking space, in true Radisson style, providing the balance between work and leisure. Further enhancing this concept is the meetings and events space which will consist of a ballroom, a conference room and 4-5 meeting rooms and the leisure facilities, comprising of a swimming pool, retail area, spa, hair salon and sport & fitness gym.

Distributed by APO Group on behalf of Radisson Hotel Group.

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As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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Debate

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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CLG

After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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ITFC

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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