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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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SLB commissions new fluids systems plant in Pemba to support Mozambique’s offshore energy development

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Mozambique

New facility expands in-country drilling and completion fluids capability, advancing the next phase of SLB’s growth in Mozambique

PEMBA, Mozambique, October 9, 2026/APO Group/ –SLB (NYSE: SLB) (www.SLB.com) announced the opening of a new fluids systems plant in Pemba, Mozambique. The new facility strengthens in-country capacity to prepare, store and deliver drilling and completion fluids for offshore operations, reinforcing the infrastructure needed as Mozambique’s offshore activity grows and its role as a strategic energy hub for East Africa continues to expand.

The commissioning of the plant, also known as a liquid mud plant, coincides with SLB marking 70 years of operations in Mozambique. It reflects the company’s long-term commitment to investing in people, infrastructure and capability that support the country’s long-term offshore energy development plans.

 




  

With an initial storage capacity of 21,000 barrels, the liquid mud plant provides a scalable platform for future growth, supporting multiple customers and rising offshore activity while improving logistics and enhancing operational flexibility.

As SLB marks 70 years in Mozambique, this investment reflects our confidence in the country’s future and our commitment to supporting its energy ambitions

“As SLB marks 70 years in Mozambique, this investment reflects our confidence in the country’s future and our commitment to supporting its energy ambitions,” said Miguel Baptista, Central, East and Southern Africa, Managing Director, SLB. The new liquid mud plant strengthens local energy infrastructure, expands opportunities for local content development, and enhances our ability to support customers as they deliver some of Africa’s most significant offshore energy resources.”

The liquid mud plant project was delivered with strong local participation and that momentum is expected to continue into operations. During project delivery, more than 100 jobs were created in Pemba with nationals representing 80% of the workforce, reflecting a focus on building local capability.

The project was delivered with a strong focus on safety, operational integrity, and quality, achieving more than 67,000 hours worked without a recordable safety incident.

This key infrastructure strengthens SLB’s ability to support consistent service quality and enhance supply chain readiness for increasing offshore activity across Mozambique, supporting customers execute safely and efficiently while developing local skills and expertise.

Key Points:

  • SLB has commissioned a new fluids system plant in Pemba, expanding in-country drilling and completion fluids capability for offshore operations.
  • With an initial storage capacity of 21,000 barrels, the facility provides a scalable platform to support growing offshore activity in Mozambique.
  • The investment marks the next phase of SLB’s growth in Mozambique, strengthening local capability and supporting long-term offshore energy development.

Distributed by APO Group on behalf of SLB.

 

 




 

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South African Energy Storage Association (SAESA) welcomes 4,600 MW battery storage prioritisation and calls for integrated energy planning

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Battery energy storage systems (BESS) are becoming critical system infrastructure, supporting flexibility, reducing avoidable curtailment, shifting energy into periods of demand and strengthening security of supply

JOHANNESBURG, South Africa, October 9, 2026/APO Group/ –The South African Energy Storage Association (SAESA) (www.SAESA.org.za) welcomes the prioritisation of 4,600 MW of battery energy storage under the first Integrated Resource Plan (IRP) 2025 Section 34 determination.

 




  

The timing is significant. Recent Integrated Energy Plan (IEP) modelling and assumptions discussions highlighted a fundamental shift that South Africa’s energy planning now needs to capture: we cannot plan the future power system by counting megawatts of generation alone.

We must plan for when energy is available, where it is available, how it moves through a constrained grid and how it is stored and dispatched when the system needs it most.

The announcement reinforces that shift. Battery energy storage systems (BESS) are becoming critical system infrastructure, supporting flexibility, reducing avoidable curtailment, shifting energy into periods of demand and strengthening security of supply.

For SAESA, the message for the IEP is clear: storage, flexibility and system services must be modelled as integral components of South Africa’s future electricity architecture, with their contribution considered from the outset of generation planning.

“The IEP must plan the power system we are becoming, not simply model the power system we have inherited,” says SAESA.

The IEP must plan the power system we are becoming, not simply model the power system we have inherited

Partnership with C&I Energy + Storage Summit

SAESA is an association partner of the C&I Energy + Storage Summit, created by VUKA Group, taking place on 28–29 October 2026 at The Maslow Hotel, Sandton, Johannesburg.

The summit brings together commercial and industrial energy users, project developers, financiers, regulators and solution providers to explore practical approaches to energy security, procurement and storage deployment.

For businesses assessing how storage can support their operations, the event offers an opportunity to meet SAESA and engage with the wider energy community on the decisions shaping South Africa’s evolving electricity system.

Commercial and industrial energy decision-makers are invited to apply to attend as hosted buyers. Qualifying buyers receive complimentary summit access and curated opportunities to engage with industry partners.

 

Meet SAESA at C&I Energy + Storage Summit: Join the Hosted Buyer Programme

The Hosted Buyer Programme connects commercial and industrial energy decision-makers with solution providers shaping South Africa’s evolving private energy market.

Qualified energy buyers receive complimentary access to the summit and curated engagement with industry partners exploring energy procurement, storage deployment and project development.

Apply for the Hosted Buyer Programme (https://apo-opa.co/4ehLijJ)

Distributed by APO Group on behalf of VUKA Group.

 




 

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Afreximbank welcomes launch of Africa Credit Rating Agency as an important step in strengthening Africa’s financial architecture

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Expanding credible rating coverage can improve the information available to investors and support the development of deeper domestic and regional capital markets

PORT LOUIS, Mauritius, October 8, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) welcomes today’s launch of the Africa Credit Rating Agency (AfCRA), an important milestone in strengthening Africa’s financial architecture and expanding the continent’s capacity to generate credible, independent analysis of African credit risk.

 




 
 

Credit ratings play an important role in determining access to capital, influencing investor perceptions and shaping the cost at which governments, institutions and businesses can finance development. It is therefore essential that assessments of African credit risk are independent, rigorous and evidence-based, while reflecting a complete understanding of the structures, institutions and economic realities being assessed.

The establishment of AfCRA adds an important African-led source of credit opinion to the market. Its value will not be measured by whether it produces more favourable ratings, but by the credibility of its analysis, the quality of its data and transparency of its methodology, and its ability to deepen understanding of African sovereigns, sub-sovereigns and corporate credit.

This is particularly important given that many African issuers remain unrated, while local-currency and sub-sovereign markets continue to have limited rating coverage. Expanding credible rating coverage can improve the information available to investors and support the development of deeper domestic and regional capital markets.

AfCRA must set a new benchmark for the continent, maintain its independence, and remain wholly owned and controlled by Africans

Alongside fellow members of the Alliance of African Multilateral Financial Institutions (AAMFI), Afreximbank has consistently maintained that African Multilateral Financial Institutions should be assessed on the basis of their fundamentals, performance, legal frameworks, mandates and operating models. Ensuring that these institutional characteristics are properly understood is essential to achieving informed, balanced and credible assessments of African risk.

Commenting on the uniqueness of the African market, and need for AfCRA’s rating methodology to reflect this, Mr Denys Denya, Senior Executive Vice President, Afreximbank, said: “The rating methodology AfCRA develops must recognise the uniqueness of our environment and its institutional structures. The Agency must set its own standards and not follow those set elsewhere — it must build a unique identity that conforms to an ‘African best practice.”

Highlighting the need for the autonomy of the Africa Credit Rating agency as it takes off, Mr Denya added: “Most importantly, AfCRA must set a new benchmark for the continent, maintain its independence, and remain wholly owned and controlled by Africans. We must all use it, and in return expect a complete assessment of where we (Africa) stand: the strengths the market has ignored, and the weaknesses we still need to fix.”

AfCRA should therefore be seen as complementary to existing international and regional rating agencies, broadening the range of credible analysis available to investors and issuers while strengthening competition, transparency and analytical capacity within Africa’s credit markets.

As Africa seeks to mobilise the scale of capital required for industrialisation, trade, infrastructure and economic transformation, credible African institutions that improve information, strengthen market confidence and deepen the continent’s financial markets will become increasingly important.

Afreximbank congratulates the African Union, the African Peer Review Mechanism (APRM) and all those involved in bringing AfCRA from concept to launch, and looks forward to the contribution the Agency will make to deeper, more transparent and more efficient African capital markets.

Distributed by APO Group on behalf of Afreximbank.

 




 

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