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Radisson Hotel Group leads hospitality growth in Africa with the most hotel openings

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9 months ago

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Raddishan

With 11 hotel signings and 7 openings over the last 15 months totaling over 2,000 signed and 1,500 opened rooms, 1,000 through conversions, the Group has strengthened its position as the leading hotel company in Africa

BRUSSELS, Belgium, May 15, 2025/APO Group/ —Radisson Hotel Group (www.RadissonHotels.com) continues to solidify its leadership in Africa’s hospitality landscape, with its top ranking in W Hospitality Group’s (https://W-HospitalityGroup.com) 2024 “From Pipeline to Reality” report for achieving the most hotel openings across the continent within the year. Building on this momentum during the first quarter of 2025, Radisson Hotel Group announces its market entry into the Democratic Republic of Congo with two landmark signings, while further strengthening its presence in Central Africa with the signing of Radisson Blu Hotel & Apartments, Yaoundé in Cameroon.

With 11 hotel signings and 7 openings over the last 15 months totaling over 2,000 signed and 1,500 opened rooms, 1,000 through conversions, the Group has strengthened its position as the leading hotel company in Africa, with a diverse portfolio of 100 hotels across more than 30 countries. This growth reflects the Group’s focused expansion strategy, strong local partnerships, and continued success in delivering high-impact conversions.

“In line with our global achievements, over the last 15 months, we have achieved remarkable growth across Africa. We expanded into new markets like Tanzania, Conakry, and the Democratic Republic of Congo, further cementing our position as the most diverse hotel company across the continent in terms of country presence,” said Ramsay Rankoussi, Vice President, Development, Africa and Turkiye, Radisson Hotel Group. “Our pipeline remained the most active in the industry, driving sustained momentum and once again highlighting the quality of our partners and a clear strategy. Once again, we are proud to see our group leading the rankings in Africa. We celebrate these successes and look forward to unlocking continued economic value across the continent.”

Expanding the Footprint: New Market Entries and Key Openings

Radisson Hotel Group proudly announces its entry into the Democratic Republic of Congo with the signing of two landmark properties: Radisson Blu Hotel, Kinshasa and Radisson Hotel Lubumbashi, further strengthening the Group’s presence in Central Africa.

Radisson Blu Hotel, Kinshasa – Opening late 2026
Strategically located on Boulevard Colonel Tshatshi in the Gombe district, Kinshasa’s prime residential and business area, this upper-upscale hotel will feature 110 elegantly designed rooms, including standard rooms, suites, and a Presidential Suite. Guests can enjoy a variety of dining options, including a Lobby Bar, All-Day Dining Restaurant, and Pool Bar. The hotel’s wellness facilities will include a gym, massage rooms, and an outdoor swimming pool with a pool terrace. Its modern meeting and event spaces will feature an event hall and pre-function area, ideal for both corporate and social gatherings. The hotel is conveniently situated 32 km from N’djili International Airport, 10 km from N’Dolo Airport, and 6 km from the Gare Centrale train station.

Radisson Hotel Lubumbashi – Opening mid-2027
Located on Revolution Road Avenue in Lubumbashi, the second-largest city in the DRC, this upscale hotel will offer 97 stylish guest rooms, including standard rooms, junior suites, and a Presidential Suite. Culinary offerings will include a Lobby Bar, All-Day Dining Restaurant, and a Rooftop Bar & Grill with panoramic city views. The hotel’s meetings and events facilities will comprise three flexible meeting rooms and a dedicated pre-function area. Guests will also have access to a well-equipped gym and a swimming pool. The hotel enjoys a prime location near Kipopo Lake, surrounded by luxury residences and notable landmarks such as Lubumbashi Golf Club and La Plage, and is just 12 km from Luano International Airport.

In Guinea, the Group marked a significant milestone with the opening of the Radisson Blu Hotel, Conakry (apo-opa.co/3S5KC5S), just three months after signing. This contemporary beachfront property, located in the city’s vibrant Kipé neighborhood, features 282 stylish rooms, suites, and apartments with sweeping ocean views and convenient access to the city’s key business and leisure hubs.

Further strengthening its Indian Ocean portfolio, Radisson Hotel Group signed and opened Crystals Beach Resort Belle Mare, a member of Radisson Individuals (apo-opa.co/4dlCM1x). Located on the east coast of Mauritius, the resort features 234 spacious accommodations, family-friendly amenities, and breathtaking lagoon views, making it a sought-after destination for travelers of all types.

Our pipeline remained the most active in the industry, driving sustained momentum and once again highlighting the quality of our partners and a clear strategy

“We’ve had a successful track record over the past 15 months with our focus on conversions, including Crystals Beach Resort Belle Mare, Radisson Blu Hotel, Conakry, and Radisson Blu Hotel & Convention Center, Tunis (apo-opa.co/4koQYJF)—all fantastic hotels that have further elevated our portfolio in Africa,” added Rankoussi.

Strengthening Strategic Markets and Future Pipeline

In Cameroon, Radisson Hotel Group continues to strengthen its presence with the signing of Radisson Blu Hotel & Apartments, Yaoundé. Scheduled to open by the end of 2026, this 150-room property will be ideally located in the heart of the capital’s central business district, just a 30-minute drive from Yaoundé Nsimalen International Airport.

The hotel will feature a vibrant selection of dining venues, including a Lobby Bar, All-Day Dining Restaurant, and a Specialty Restaurant. With 1,350 m² of flexible meetings and events space, as well as premium wellness facilities, including a spa, gym, and a rooftop pool with an expansive pool deck, the hotel is set to become a landmark destination in the city. This signing also reinforces the Group’s continued pursuit of growth opportunities across Cameroon, including in the key market of Douala.

Meanwhile, Radisson Hotel Group is also deepening its commitment to key markets across the continent:

  • Morocco: Targeting 30 hotels by 2030, building on an already robust development pipeline.
  • South Africa: Aiming for 25 hotels by 2030, doubling its current footprint.
  • Nigeria: Continuing its growth momentum with multiple developments, alongside strengthening the Group’s West Africa presence with its entry into DRC.

“While geographical diversification remains a priority for us, we also see a clear opportunity to consolidate our presence across key markets such as Morocco, Nigeria, and South Africa, each with at least one opening scheduled in 2025. Our results reinforce our brand strength and ability to adapt and grow across diverse markets. We remain committed to expanding our footprint while delivering world-class hospitality experiences across Africa,” concluded Rankoussi.

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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2 days ago

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February 6, 2026

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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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2 days ago

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February 6, 2026

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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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2 days ago

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February 6, 2026

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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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