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Radisson Hotel Group Surpasses 100 Hotels in Africa, Accelerating 2030 Growth Ambition

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Radisson Hotel

Building on this momentum, the Group has signed over 15 new hotels and roughly 2,500 rooms in the last 12 months

BRUSSELS, Belgium, March 31, 2026/APO Group/ —Radisson Hotel Group (www.RadissonHotels.com) has reached a significant milestone in Africa, with more than 100 hotels across the continent in operation and under development. Radisson Blu continues to anchor the legacy footprint. At the same time, the Radisson brand is the fastest riser, supported by a strong conversion engine and a concrete pipeline that continues to translate into openings. Building on this momentum, the Group has signed over 15 new hotels and roughly 2,500 rooms in the last 12 months, including new market entries in the Democratic Republic of Congo and Zimbabwe.

Over the past five years, Radisson and Radisson Blu have ranked among the most signed brands in Africa, with one of the highest shares of cumulative openings. The last 12 months set a new benchmark with more than 2,500 rooms signed and multiple market entries. Priority growth markets remain Morocco, South Africa, and Nigeria, where the Group is deepening its presence and widening its brand distribution.

Ramsay Rankoussi, Regional Chief Development Officer, Radisson Hotel Group, commented: “We’ve crossed the 100-hotel mark in Africa by staying true to our plan, focusing on where we can lead, moving fast on quality conversions, and partnering with owners who share our ambition. The next phase is about depth in Morocco and Nigeria, a smarter footprint in South Africa, and a stronger resort offering that matches where travelers want to go. Our pipeline is built to open, not just to announce. That is why our conversion share is high, our time to market is short, and our brands are gaining ground in the cities and resort destinations that matter most.”

Nigeria shows the model’s resilience. The Group now holds a strong position in the country with 13 hotels in operation and pipeline, while Abuja is carrying a significant active pipeline with three hotels totaling 458 keys.

South Africa is being reshaped with priorities in Cape Town, targeted growth in secondary cities such as Durban and Pretoria, and a sharper focus on leisure corridors that include Kruger National Park, Sun City, and the Garden Route. The Group plans to enter Zanzibar and is considering lodge, safari, and affiliation opportunities across Namibia, Botswana, and Zambia to meet the rising demand for nature-led experiences.

Conversions remain a core lever for scale and speed. In the last five years, more than 15 hotels, equal to almost 3,000 rooms, joined the portfolio through conversion. This helped the Group lead openings across the continent while keeping brand standards high and owners in mind.

Recent signings show the extensiveness of this strategy, with a balanced pipeline of city hotels, resort destinations, and quick-to-market conversions. These signings span the Democratic Republic of Congo, Nigeria, Zimbabwe, and Morocco, including Radisson Blu Kinshasa and three Radisson hotels in Lubumbashi, Radisson Harare, Park Inn Victoria Falls, Radisson Collection Lagos Atlantic, as well as new additions in Casablanca with Radisson Blu Resort & Conference Center Bouskoura, a first Radisson brand hotel in Rabat, and further expansion in Marrakech. Key signings include:

Democratic Republic of the Congo

Radisson Blu Hotel, Kinshasa
Upper-upscale flagship in Gombe

Opening late 2026. Set on Boulevard Colonel Tshatshi in the Gombe district, the hotel will offer 110 keys, including suites and a Presidential Suite. Guests can choose from a lobby bar, an all-day dining restaurant, and a pool bar. Wellness includes a gym, massage rooms, and an outdoor pool with a terrace. Meetings and events feature a modern event hall with a pre-function area. The address is well connected, 32 kilometers from N’djili International Airport, 10 kilometers from N’Dolo Airport, and 6 kilometers from Gare Centrale.

Radisson Hotel Lubumbashi
Panoramic city stay in the DRC’s second city

Opening mid-2027. Located on Revolution Road Avenue, the hotel will feature 97 keys, including junior suites and a Presidential Suite. Dining spans a lobby bar, an all-day dining venue, and a rooftop bar and grill with city views. Three flexible meeting rooms and a pre-function area support business and social events. Facilities include a gym and a swimming pool. The location sits near Kipopo Lake, Lubumbashi Golf Club, and La Plage, and is 12 kilometers from Luano International Airport.

Radisson Blu Apartments Lubumbashi
Upscale apartment living in Lubumbashi’s prestigious Quartier Golf

Targeted for 2030. A 160-room property located in Quartier Golf, one of Lubumbashi’s most upscale residential districts, near Kipopo Lake and surrounded by luxury homes and key landmarks including Lubumbashi Golf and La Plage. Planned amenities include a specialty restaurant and bar, a pool bar, and a gym, offering a premium stay experience for extended-stay and leisure travelers.

Radisson Airport Hotel Lubumbashi
A strategically located airport hotel designed for ease and connectivity

Set to open in 2028, this 105-room property will be located just 6 kilometers from Luano International Airport, around a 10-minute drive, making it well positioned for business travelers, transit guests, and airline crews. Planned facilities include a restaurant, lobby bar, pool bar, meeting rooms, and a swimming pool, combining practicality with a welcoming hospitality experience close to the airport.

Egypt

Radisson Resort Ain Sokhna Groove
A large-scale Red Sea resort in one of Egypt’s growing leisure destinations

Planned for 2029, Radisson Resort Ain Sokhna Groove will offer 469 rooms, including 50 family rooms, as part of The Groove Ain Sokhna mixed-use development. Located along the Red Sea coast, around 30 kilometers south of Ain Sokhna and approximately 150 kilometers from Cairo, the resort is expected to feature private beach access, a spa, gym and fitness center, several restaurants, plus a ballroom and meeting rooms, catering to both holidaymakers and events demand.

Radisson Serviced Apartments COY Sheikh Zayed City
Flexible extended-stay accommodation in a fast-growing hub of Greater Cairo

Expected to open in 2030, this 120-key serviced apartments property, including six one-bedroom units, will form part of the COY development in Sheikh Zayed City. With a location just 13 kilometers from Sphinx International Airport and 14 kilometers from the Great Pyramids of Giza, the development sits close to major commercial, leisure, education, and healthcare destinations. Planned amenities include a coffee lounge, bar, kiosk, and meeting and event space integrated into the wider co-working environment.

We’ve crossed the 100-hotel mark in Africa by staying true to our plan, focusing on where we can lead

Morocco

Radisson Blu Hotel & Conference Center, Casablanc a Bouskoura
Conference-ready address beside Palm Golf

A 119-key hotel with eight suites, a rooftop restaurant, and a dedicated conference center. Event facilities include two boardrooms, while a spa and a large outdoor pool cater to leisure travelers. The hotel is located 20 kilometers from Mohammed V International Airport and next to Palm Golf Palmeraie Country Club.

Radisson Hotel & Apartments Rabat Technopolis
Dual-component hub in the capital’s innovation park

A two-building project in Technopolis, 25 minutes from central Rabat. The hotel will offer 140 rooms, four dining venues, a pool, and a meeting and events space. The adjacent serviced apartment building adds 56 units. Technopolis connects businesses with leading education and research centers, creating a strong base for corporate demand.

Radisson Blu Resort Marrakech Ben Akil
Low-rise bungalows with views of Atlas Mountains

Opening early 2028. A 17-hectare estate featuring 80 bungalow-style accommodations, each with an outdoor terrace. Larger typologies include private pools. The resort sits beside Royal Golf Marrakech and is a 15-minute drive from the city center.

Nigeria

Radisson Hotel Aba
A new internationally branded hospitality destination for Aba

Targeted for 2031, Radisson Hotel Aba will introduce 120 rooms, including six junior suites, in a prime riverside location along the Aba River near key transport corridors. The hotel will become the first Radisson-branded property in Aba and the Group’s third branded hotel in Nigeria. Plans for the hotel include a gym, swimming pool, and several meeting rooms, serving both business and local demand. Sam Mbakwe International Airport in Owerri is approximately 56 kilometers away, or a 1 hour and 10 minute drive.

Radisson Hotel & Conference Center Yenagoa
A conference-focused hotel in the heart of an emerging Nigerian business center

Scheduled for 2027, the property will feature 196 rooms, including 16 junior suites, four executive suites, and two Presidential Suites, in Yenagoa, a city that is steadily strengthening its role as an administrative and commercial hub in southern Nigeria. Located near government institutions, business districts, and Bayelsa International Airport, approximately 33 kilometers or 40 minutes away, the hotel is set to benefit from the area’s ongoing infrastructure and hospitality growth while meeting rising demand for accommodation, meetings, and large-scale events.

Radisson Collection Hotel, Lagos Atlantic
Refined lifestyle luxury on the oceanfront of Lagos’ leading business district

Targeted for 2029, Radisson Collection Hotel, Lagos Atlantic will feature 107 rooms, including 16 executive suites and one Presidential Suite, on a prime oceanfront site on Victoria Island. As Lagos’ main financial and commercial district, Victoria Island is home to multinational companies, corporate headquarters, embassies, and strong year-round business activity. Located approximately 33 kilometers from Murtala Muhammed International Airport, around a 45-minute drive, the hotel will mark the second Radisson Collection property in Lagos.

South Africa

Radisson Serviced Apartments Umhlanga
A modern serviced apartment offering in the heart of Umhlanga’s business district

Planned for 2029, Radisson Serviced Apartments Umhlanga will introduce 155 rooms in a newly built development within Umhlanga Ridge, one of the area’s most established commercial and lifestyle hubs. The property will be within walking distance of Gateway Theatre of Shopping and close to major office precincts, including Umhlanga Ridge Business Park, La Lucia Office Park, and Glass House Office Park. Comprising studios and apartments, the project is designed to meet growing demand for high-quality extended-stay accommodation in the district.

Zimbabwe

New market entry

Radisson Serviced Apartments, Harare
Prime Borrowdale address for extended stays

Targeted for end-2028. A 147-key serviced apartments project within a master development near Maxwell Road in Borrowdale. The neighborhood is known for luxury residences, upscale shopping at Sam Levy’s Village, and entertainment at Borrowdale Racecourse. Planned amenities include a café and bar, a gym with sauna, and a pool with a deck. Set to be the only internationally branded hotel apartment offering in the area.

Park Inn by Radisson Victoria Falls Resort
A resort destination near one of the world’s most iconic natural landmarks

Expected to open in 2029, Park Inn by Radisson Victoria Falls Resort will offer 150 rooms, including five suites, in a setting overlooking Zambezi National Park. Located just 5 kilometers from Victoria Falls, around a 10-minute drive, the resort will be ideally positioned near one of the Seven Natural Wonders of the World, a destination that attracts more than 350,000 international visitors each year. With year-round waterfall views, adventure tourism, and access to safari experiences in the surrounding national parks, the property will cater to both leisure travelers and tour groups. Victoria Falls Airport is located approximately 22 kilometers, or a 23-minute drive, away.

Leading with the most diverse footprint across the continent, with presence in more than 30 African countries, Radisson Hotel Group blends depth in focus markets with selective entry into new destinations each year.

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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