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Africa Hospitality Investment Forum (AHIF) Returns to Morocco

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Morocco Hospitality Investments

The event creates a dialogue and drives deals between international investors and hospitality owners on the whole African continent

TAGHAZOUT, Morocco, May 19, 2022/ — The Africa Hospitality Investment Forum (AHIF) will return as an in-person event in 2022, taking place  on 2 – 4 November, at the luxurious Fairmont Taghazout Bay, a five-star resort with leisure  and business facilities, next to Agadir.

AHIF is Africa’s premier meeting place of leaders in the hospitality sector, attracting hotel and real estate investors, owners and developers, global hotel operator CEOs and prominent advisory services from across the African continent and beyond. The event creates a dialogue and drives deals between international investors and hospitality owners on the whole African continent. To date, this year’s top line sponsors include Host Partner, SMIT, and Platinum Sponsors, Radisson and IHG.

Imad Barrakad, Chairman & CEO, SMIT
Imad Barrakad, Chairman & CEO, SMIT

Imad Barrakad, Chairman & CEO, SMIT, said: “We are delighted to be hosting AHIF once again and showcasing the opportunities that are available for investors outside of the established cities of Casablanca and Marrakech. As a country, we are investing billions along the southern coast of Morocco and we look forward to welcoming the luminaries of the African hospitality industry to showcase the opportunities, build relationships with them and assure them that Morocco is a place they should prioritise for new initiatives.”

Morocco is an outstanding example of the benefits tourism can bring to a country’s economy and its investment attractiveness. Prior to the pandemic, the World Travel & Tourism Council (WTTC) reported that the Travel & Tourism sector was responsible for 21.2% of the country’s export revenue, $10.0 billion. In 2019, the industry was worth $14.6 billion, 12.1% of Morocco’s GDP, and was sustaining 1.3 million jobs, 12.3% of total employment.

According to the World Bank, tourism is expected to be a major driver of the country’s economy this year. In 2021, Morocco’s GDP growth rebounded to 7.4%, which helped the country regain most of the output and job losses caused by the COVID-19 crisis. However, as real GDP is still 6.4% below the pre- pandemic trend it is encouraging for those looking to invest.

Matthew Weihs, Managing Director, The Bench
Matthew Weihs, Managing Director, The Bench

Matthew Weihs, Managing Director, The Bench, which organises AHIF, said: “Hosting AHIF in Taghazout will allow us to increase the networking opportunities within the event. We want to fully utilise the resort and incorporate into our programme lawn or poolside talks and activities such as golf, tennis, or yoga. In addition to the keynote presentations, panel discussions and exhibition showcase, we will provide our attendees with a truly immersive AHIF experience. As we have realised, nothing quite matches an in-person event, when it comes to understanding the issues of the moment, assessing the mood of the market, sharing ideas and meeting potential new business partners.”

A recent meeting of AHIF’s Advisory Board, comprising a select group of senior industry  leaders, including: Mossadeck Bally, Founder and CEO, Azalai Hotels Group; Rahul Chaudhary, CEO and MD, CG Corp Global & CG Hospitality Holdings; Olivier Granet, Managing Partner and CEO, Kasada Capital Management; Leila Farah Mokaddem, Director General Southern Africa, African Development Bank; and Graham Wood, COO, Sun International; agreed the main topics of discussion at this November’s conference should include:

  • Public-sector tourism investment incentives
  • Global economic overview on Africa
  • Investors’ view on opportunities
  • Contingency planning and crisis management
  • Alternative business models – franchise vs management
  • Localising a brand
  • Growth of alternative lodging
  • Sustainability in hospitality

Besides hotel and destination investment, the AHIF 2022 programme will feature a broad overview of hospitality from aviation to culinary experiences, and from contingency planning to foreign investment into Morocco.

In addition to the in-person event, two virtual AHIF Marketspace events will take a deep dive into specific regions in Morocco and showcase the projects that are ripe for immediate investment. The first AHIF Marketspace will take place on 15 June (09:45 – 12:30 GMT + 1) with a focus on Guelmim Oued Noun, a city in southern Morocco, often known as the Gateway to the Desert. Boasting a new airport, Guelmim is one of the most promising beach destinations in Morocco and, with an investment plan of $1.2bn by the government, it is aiming to be one of the top destinations in the Kingdom.

These short 2-hour virtual events ahead of AHIF will be free to attend and provide additional touch points for the AHIF community. The projects presented will be loaded onto a secure platform with further financial and project information for investors to review. There, they can also request private meetings with the project owners at their convenience. Further Marketspace webinars on specific regions around Africa and the Middle East will follow, giving investors, owners, developers an online catalogue of verified, investable projects.

Registration for AHIF is now open at www.AHIF.com

Distributed by APO Group on behalf of Bench Events.

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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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