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BWH® Hotels Strengthens Commitment to African Development Ahead of Future Hospitality Summit (FHS) Africa 2026

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3 months ago

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BWH

BWH Hotels (https://apo-opa.co/4uyD3GL), a leading global hospitality enterprise including WorldHotels™ (https://apo-opa.co/4uzDlgu), Best Western® Hotels & Resorts (https://apo-opa.co/3NbqMr0) and SureStay® Hotels (https://apo-opa.co/4lHsm0A), announced today its renewed commitment to the African continent as the group prepares to participate in the upcoming Future Hospitality Summit (FHS) Africa  (www.FutureHospitality.com/Africa), taking place from 31 March – 1 April, 2026. The company will once again be represented by Wytze van den Berg, VP International Operations, BWH Hotels and his team, who will contribute to key discussions on hospitality investment and growth across the region.

 

Strong Momentum Across High Growth Markets

BWH Hotels continues to see rising confidence and sustained investor interest across African markets, driven by increasing regional stability and strong long-term inbound travel projections. “Investor confidence comes with predictability. While the world is filled with uncertainties, we are seeing growing trust and confidence across many African countries,” said van den Berg. “The continent’s future projected tourism numbers are promising and reinforce investor appetite across key markets.”

The company highlights Ethiopia, Tanzania, Egypt and Morocco as markets showing particularly strong development momentum, supported by a wave of new pipelines and hotel projects, especially in Northern Africa.

Record Pipeline Growth in Morocco and Egypt

Morocco and Egypt are now the two fastest‑growing development markets in Africa. “In the past year, we have signed more than 25 new pipeline properties in Morocco, and we are actively working on a dozen additional projects in Egypt,” noted van den Berg. “These two markets are rapidly accelerating and represent major growth engines for our brand family across Africa.” This expansion supports BWH Hotels’ strategy to broaden its portfolio including Best Western Hotels & Resorts and WorldHotels, offering diverse development opportunities for different market segments—from upscale and upper‑midscale properties to soft‑branded luxury.

The continent’s future projected tourism numbers are promising and reinforce investor appetite across key markets

New Openings Strengthen Regional Presence

Strategic expansion across Africa continues with four new hotel openings planned for this year, strengthening the group’s footprint in key regional markets. The growth includes two new properties in Nigeria, one in Ethiopia, and one in Tanzania—reflecting the brand’s commitment to supporting Africa’s dynamic tourism and business‑travel sectors. In Nigeria, the Best Western Premier McDons Skye Hotel and the Best Western Plus Ambience Hotel Ikeja represent the group’s upscale and upper‑midscale offerings, combining modern design, international service standards and locally inspired hospitality. These openings underscore BWH Hotels’ long‑term investment in Africa and its mission to deliver high‑quality accommodations in fast‑growing destinations.

 

Hotel Highlights

Best Western Premier McDons Skye Hotel, Owerri, Nigeria

  • Upscale, contemporary hotel designed for both business and leisure travelers
  • Rooftop bar and restaurant offering panoramic city views
  • Stylish guestrooms with premium bedding, modern technology and workspace-friendly layouts
  • State-of-the-art fitness center and outdoor pool
  • Flexible meeting and event facilities equipped with advanced AV solutions
  • Convenient access to major commercial districts and transport links

Best Western Plus Ambience Hotel – Ikeja, Lagos, Nigeria

  • Upper-midscale hotel situated in one of Lagos’ key business hubs
  • Modern, comfortable rooms featuring ergonomic design and high-speed connectivity
  • On‑site restaurant serving international and Nigerian cuisine
  • Well-equipped meeting room ideal for small corporate gatherings
  • Fitness center and relaxation areas for business travelers on the go
  • Proximity to Murtala Muhammed International Airport and Ikeja City Mall

Looking Ahead to FHS Africa 2026

As BWH Hotels prepares for FHS Africa, the company aims to further engage with investors, developers and hospitality leaders to drive conversations around sustainable hotel growth, brand diversification and the longterm outlook for African travel demand. “We are proud to once again participate in FHS Africa, which remains a critical platform for shaping the future of the continent’s hospitality sector,” concluded van den Berg. “Africa continues to be a priority region for BWH Hotels, and we look forward to contributing our insights and strengthening our partnerships across the continent.”

Distributed by APO Group on behalf of Future Hospitality Summit Africa (FHS Africa).

 

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Energy

Geoex MCG Named Official Geosciences Partner of Venezuela Energy Week 2026 in Landmark Subsurface Collaboration

Published

1 day ago

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June 16, 2026

By

Etu Energias

Geoex MCG, a global subsurface geoscience and data solutions provider, has been appointed Official Geosciences Partner for Venezuela Energy Week, bringing technical depth and geological credibility to discussions surrounding one of Latin America’s most significant hydrocarbon resource bases

CARACAS, Venezuela, June 15, 2026/APO Group/ –Venezuela Energy Week 2026 has appointed Geoex MCG as its Official Geosciences Partner, in a move designed to strengthen the technical foundation of discussions around the country’s vast hydrocarbon basins as upstream activity and international engagement continue to evolve.

Geoex MCG holds a unique position in Venezuela’s upstream sector as the sole provider of offshore seismic data and the only company operating under a multi-client agreement with the Ministry of Hydrocarbons. Its newly reprocessed offshore datasets are currently available for licensing, with plans underway for new data acquisition from 2026 onward to further support exploration and development activities.

The partnership brings a leading subsurface geoscience and geophysical solutions provider into the core of the event’s technical program at a time when Venezuela is seeking to reframe its upstream narrative around data quality, geological certainty and investable resource definition.

“This partnership underscores the growing role of subsurface science in shaping investment decisions and operational strategy across Venezuela’s upstream sector,” said James Chester, CEO of Energy Capital & Power. “It brings greater geological and geophysical rigor at a pivotal moment for the industry, helping bridge the gap between resource potential and subsurface certainty.”

This partnership underscores the growing role of subsurface science in shaping investment decisions and operational strategy across Venezuela’s upstream sector

 

Geoex MCG’s participation is expected to enhance technical discussions on Venezuela’s basin evolution, seismic imaging quality, prospectivity assessment and development of offshore fields. With their newly reprocessed data, exploration in the underexplored frontier areas of the offshore can now be evaluated, as well as improved imaging of existing fields, namely Perla, Rio Caribe/Mejillones/Patao/Dragon and Loran/Cocuina.

 

“Venezuela represents a highly significant subsurface province, where geological potential is well established but increasingly dependent on modern, high-quality data to unlock value,” said Robert Sorley, President, Geoex MCG LLC. “Supported by our exclusive multi-client agreement with the Ministry of Hydrocarbons, a growing portfolio of datasets reprocessed in partnership with DUG Technology, and plans for new acquisition, our focus is to enable international explorers to evaluate offshore opportunities with confidence. We are pleased to support Venezuela Energy Week 2026 by strengthening the technical dialogue and bringing greater subsurface clarity to investment and development discussions.”

 

Geoex MCG specializes in the design and delivery of geoscientific surveys, subsurface data acquisition, seismic reprocessing and project management services, supporting exploration and development activities across oil and gas, CCUS, natural hydrogen and other energy sectors. Through its asset-light business model, the company works with selected contractors to deliver tailored subsurface solutions aligned with clients’ technical and commercial objectives.

 

As Venezuela seeks to attract renewed international investment, Venezuela Energy Week is positioning itself as a leading technical and commercial platform where geology, data and capital converge, supporting dialogue on investment frameworks, upstream development and the long-term future of one of the world’s largest hydrocarbon resource bases.

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

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Events

New Quality, Shared Future – Beijing CBD Extends a Global Invitation for Cooperation

Published

2 days ago

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June 15, 2026

By

Beijing

If there are only three days to understand China’s economic development, Beijing CBD is a good place to start.
BEIJING, CHINA – Media OutReach Newswire – 12 June 2026 – In mid-June this year, 2026 Beijing CBD Forum Annual Conference will be held as scheduled. Nearly ten thousand participants from five continents will gather here, with international speakers accounting for more than 50% of the lineup. Yet the Forum is but a window; the true landscape worth the world’s attention lies just outside – the central business district itself.

“International Density” on Seven Square Kilometers

In the core area of Beijing CBD – a mere seven square kilometers – nearly 16,000 foreign-funded institutions and 125 regional headquarters of multinational corporations (MNCs) are located. This represents half of all MNC headquarters resources in Beijing.

This is no coincidence. The district is one of China’s most internationally oriented, service-rich, and mature international business zones. From law firms and consultancies to financial institutions, the world’s top professional services firms have formed a complete ecosystem here.

What makes the area even more valuable for overseas companies and organizations is that policies here are not just written on paper – they are embedded in actual processes.

From pilot schemes on cross-border data flows, to facilitated access for foreign financial institutions, to one‑stop service desks for international talent – Beijing CBD has long served as a pilot zone for institutional opening‑up. Foreign enterprises find that issues they encounter here tend to be addressed and resolved more quickly.

During this year’s Beijing CBD Forum annual conference, the Ambassadors’ Roundtable Dialogue will establish a regular communication mechanism, and the “International Delegations’ China Tour” will allow overseas business representatives and zone managers to conduct in‑depth site visits and exchange experiences. What is even more noteworthy, however, is that such exchanges are not confined to the Forum – they continue year-round here.

Beijing CBD: A Sincere and Pragmatic Invitation

Artificial intelligence, the digital economy, green technologies – these areas, known as “new quality productive forces,” are not empty buzzwords here. The Forum includes dedicated sessions on technological innovation, financial opening‑up, law-business integration, cultural industries, and international consumption. Yet what truly deserves the attention of potential international partners is the industrial foundation behind these topics.

Beijing CBD is home to the densest concentration of foreign financial institutions and cross‑border capital in China. A large number of tech companies are engaged in cross‑sector collaboration with traditional industries here. High‑end professional services – international law, arbitration, compliance – are highly concentrated, providing support for both inbound and outbound business activities. Moreover, as the starting area of the city’s international demonstration zone for law-business integration, the district continues to focus on strengthening the rule of law in commercial affairs, improving its legal services framework, enhancing the resolution of international commercial disputes, and fostering a stable, transparent, predictable, and internationally competitive business environment. In the future, Beijing CBD will build a one‑stop legal and commercial service platform that integrates legal, auditing, intellectual property and other professional resources to precisely serve companies going global and managing cross‑border operations.

Here, you will find that its vitality derives mainly from genuine business judgments about market opportunities. For enterprises, the cooperation logic here is predictable, commercial, and sustainable.

Beijing CBD is not merely a striking poster – it is a real‑world district where hundreds of thousands of business people move every day, thousands of foreign‑funded institutions operate, and countless cross‑border transactions take place.

If you are looking for a stable gateway to the Chinese market, or a high-level hub to connect global resources with local applications, it deserves your consideration.

The Forum’s 2026 annual conference lasts only three days. But Beijing CBD is open all year round.

 

 

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Business

20th Islamic Development Bank (IsDB) Global Forum on Islamic Finance to Convene in Azerbaijan

Published

5 days ago

on

June 12, 2026

By

IsDBI

Marking its 20th edition, the forum serves as a flagship platform for high-level dialogue, convening policymakers, regulators, development practitioners, academics, and industry leaders to advance innovation and development in Islamic finance

JEDDAH, Saudi Arabia, June 11, 2026/APO Group/ —

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org/) will host the 20th IsDB Global Forum on Islamic Finance in Baku, Azerbaijan on 17 June 2026 under the theme “Achieving Sustainable Prosperity through Islamic Finance,” in conjunction with the IsDB Group Annual Meetings.

 

Marking its 20th edition, the forum serves as a flagship platform for high-level dialogue, convening policymakers, regulators, development practitioners, academics, and industry leaders to advance innovation and development in Islamic finance. This year’s forum will focus on strengthening regional integration and unlocking sustainable growth across IsDB member countries through Islamic finance solutions.

The forum will examine how Islamic finance can help address structural development challenges, including “development traps” that constrain inclusive growth and resilience. It will also highlight innovative Islamic social finance mechanisms, particularly Awqaf Free Zones, as tools for mobilizing sustainable resources to support food and energy security.

Key highlights of the forum include keynote speeches, launch of a new report on the prospects of Islamic Finance in Azerbaijan alongside other flagship publications, announcement of a memorandum of understanding between IsDBI and Labuan Financial Services Authority, distinguished panel discussion sessions, and unveiling of top achievers in the Applied AI in Islamic Finance Competency Challenge.

H.E. Taleh Kazimov, Governor of the Central Bank of the Republic of Azerbaijan, will deliver the first keynote speech, followed by Eng. Adeeb Yousuf Al Aama, Chief Executive Officer of ITFC, whose speech will be on behalf of the IsDB Group. Dr. Sami Al-Suwailem, Acting Director General of IsDBI, will deliver the welcome remarks.

The first panel session will explore how Islamic finance can help countries overcome development barriers and achieve sustainable economic transformation. The panelists include Mr. Shahin Aydin Mahmudzade, Executive Director, Central Bank of Azerbaijan; Mr. Adnan Zaylani, Deputy Governor, Bank Negara Malaysia; Ms. Mihoko Kumamoto, Director, Division for Prosperity, UNITAR; Dr. Bambang Brodjonegoro, Dean, Asian Development Bank Institute; and Dr. Areef Suleman, Chief Economist, IsDB Group. The session will be moderated by Mr. Mustafa Adil, Head of Islamic Finance, London Stock Exchange Group.

The second panel session will examine innovative approaches to mobilizing Islamic social finance, particularly through Awqaf Free Zones, to address global food and energy challenges. The speakers include Mr. Valeh Alasgarov, Chairman of the Board, AFEZ Authority, Azerbaijan; Dr. Mansur Muhtar, Chairman of the Board, Bank of Industry, Nigeria; Professor Emeritus Dato’ Dr. Azmi Omar, President & CEO, INCEIF University; and Mr. Orkhan Vidadi oglu Mammadov, Chairman, Small and Medium Business Development Agency of Azerbaijan (KOBİA). The session will be moderated by Mr. Yahya Rehman, Associate Manager, IsDBI.

The forum is expected to generate actionable recommendations, strengthen partnerships, promote stakeholder collaboration, and advance innovative, AI-enabled tools to support the growth of Islamic finance globally.

More information about the forum is available on IsDBI website here.

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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