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

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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 Marea 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

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

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

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

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

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

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

 

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