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- Pullman Hotel Nairobi: French hospitality firm Accor to Open 1st Premium Brand in Kenya
Business
- In the past two years, short-term rentals in Nairobi have been the new trend.
- Hospitality has bounced back remarkably after the challenges posed by the COVID-19 pandemic, emerging as one of the best-performing asset classes in 2023.
- Trappler highlights that hospitality is a key economic driver, employment creator, and focal property type in regions throughout East Africa.
Hospitality has bounced back remarkably after the challenges posed by the COVID-19 pandemic, emerging as one of the best-performing asset classes in 2023. This resurgence is particularly notable in Nairobi, especially with the renewed demand for short-term rentals.
The strategic position of Kenya’s capital city serves as an East African hub for various industries, including corporate, government, MICE (Meetings, Incentives, Conferences, and Exhibitions), embassies, and tourism, which makes it an attractive destination for hospitality and residence brands.
The increasing and diversifying demand for accommodation creates meaningful opportunities for market expansion and business growth.…
- The partnership will enable Kenya and South Korea to strengthen legal services and networks for African companies.
- G&A has built a strong reputation in Africa, delivering on transformational projects like the recent Eurobond
- In February last year, the two countries pledged to continue to nurture and expand ties
A law firm in Nairobi is championing a plan to see Kenya and South Korea strengthen legal services for companies in Africa. Kenya’s G&A Advocates LLP has signed a partnership agreement with South Korea-based law firm Jipyong ahead of the Korea-African Summit. The partnership will enable Kenya and South Korea to strengthen legal services and networks for African companies.
The Korean African Summit is set to take place between June 4 and June 5 in Seoul, South Korea, under the theme: “The Future We Make Together, Shared Growth, Sustainability and Solidarity.”
The summit, which will be the first-ever, aims to strengthen the …
- The upcoming US-Africa green and sustainable financing forum in Côte d’Ivoire aims to mobilize funding for infrastructure projects across Africa.
- Set for March 19–20, the workshop will feature industry leaders, US technical experts, and key financiers.
- The event highlights the critical need for renewable energy funding models, financing mechanisms, and regulatory and policy reforms to facilitate the growth of green and sustainable infrastructure.
To foster sustainable development in Africa, the United States Trade and Development Agency (USTDA) is joining forces with the African Development Bank Group to host the US-Africa Green and Sustainable Financing Workshop.
Set to go down in Abidjan, Côte d’Ivoire, on March 19–20, 2024, this event is poised to bring to the forefront the pressing need for green and sustainable infrastructure projects across the continent.
The workshop, a convergence of industry leaders, explores innovative financing models that can support Africa’s journey towards a resilient and sustainable future.…
- Equity Group has been given a life insurance license through its Equity Life Assurance (Kenya) Ltd
- The group said it will use the license to provide life insurance solutions to an underserved market
- Kenya’s insurance industry has continued to witness steady growth over the years, with the insurance market premiums currently being valued at approximately KSh 235 billion
Equity Group joins insurance sector
The Insurance Regulatory Authority (IRA) has issued a license to Equity Group to joins the insurance sector business under Equity Life Assurance (Kenya) Limited (ELAK).
Equity Group said the license will enable it to provide life insurance solutions to the underserved market and contribute towards the vision of Equity Group to transform lives and expand opportunities for wealth creation.
IRA said the new business entity is a fully-fledged business with separate structures and commercial arrangements in line with its regulations.
The Commissioner of Insurance and …
In a report by GSMA released earlier this year, mobile money accounts grew to 1.2 billion with 43% of new users all from Africa.
Inferring from this growth rate in just one year, it’s clear that the market size for offline payments is significantly larger than online payments. In coming years, we’ll be focusing on this space even as we continue to grow in online payments.
In sub-Saharan Africa alone, there are 44 million micro, small and medium enterprises providing the majority of jobs effectively serving as the backbone of the economy in their countries. …
Faze Bank is an American you tuber and one of the owners of the e-sport organization of faze clan, known by his alias Faze bank, whose name is Richard Bengtson. He was born on the 18th of October, 1991, in Lawrence, Massachusetts.
He is also known for his short temper. Richard began his career in 2011 and created a channel named ‘bankshasbank’ his first video was ‘the single greatest soaring in style’ posted in 2011.
He joined the ‘Call of Duty gaming group faze clan in 2013 and changed his name to faze banks. Faze bank is very passionate about vlogging and also serves as a producer, songwriter, and composer.
Read: Othman Benjelloun | Africa’s Billionaires | Net Worth | Personal Life
Preview
| Full name- | Richard Bengtson |
| Source of wealth- | You tubing |
| Age- | 29 |
| Birthplace- | Lawrence |
| Height- | 1.88M |
| Nationality- | American |
| Date of birth- | October 18, 1991 |
| Occupation- | You tuber |
| Marital |
Kristen Anne Bell, born on July 18, 1980, is an American Actress. Her professional in acting began when she was attending the Tisch School of the Arts in New York where she starred in stage productions.
Kristen went to Shrine Catholic School nearby Royal Oak where she took part in a music and drama club. Before moving to this school she went to Burton Elementary School and Norup Middle School (an exempt of Berkley School District).
Soon after her graduation, she moved to New York to study musical theatre.
Read: Othman Benjelloun | Africa’s Billionaires | Net Worth | Personal Life
Preview
| Full name: | Kristen Anne Bell. |
| Source of wealth: | Actress. |
| Age: | 41 years. |
| Birthplace: | Huntington Woods, Michigan, U.S. |
| Height: | 1.55m. |
| Nationality: | American. |
| Date of birth: | 18 July 1980. |
| Occupation: | Actress. |
| Marital status: | Married. |
Kristen Bell Net Worth/ Achievements
As of 2021, the estimated net worth of Kristen Bell is …
Mathew Tyler Musto is an American musician, record producer, singer, and songwriter. He was born on November 27, 1990, in Daytona Beach, Florida, and later shifted to Palm Coast, Florida when he was a child.
He was attracted to music when he was in fourth grade through artists like Blink-182, Rancid, and more.
Mathew got introduced to bands like; Alkaline Trio and New Found Glory.
His music career started while in high school when he joined a rock band called Polaroid as a singer. It was a Florida –based rock band.
After leaving the band, Mathew started his solo journey of a music career when he went to Atlanta to work with Ne – Yo.
Read: Doja Cat Net Worth
Preview
| Full name: | Mathew Tyler Musto. |
| Source of wealth: | Singer, songwriter, record producer, and musician. |
| Age: | 30years. |
| Birthplace: | Daytona Beach, Florida, US. |
| Height: | 5ft 11inch. |
| Nationality: | American. |
| Date |
- President Samia has doubled down on business and investment in Tanzania
- Tanzania has adopted a new tone towards foreign direct investment
- Tanzania is striving to become the best tourism hotspot in Africa
As a lower-middle-income country, Tanzania is putting in a considerable amount of work to build itself towards attaining its industrial revolution objective.
The industrial driven economy mission and energy inspired by the late President John Magufuli has spilt over to the incumbent presidency – under Samia Suluhu Hassan.
Over the past six years, Tanzania has taken tremendous steps towards achieving its primary objectives, including upgrading its economic status, which was done swiftly and within time.
With the entire globe faced with uncertainty propelled by the COVID-19 pandemic, Tanzania has remained relatively stable and accommodative to crucial sectors of the economy, such as banking by improving money supply and credit, information and communication, as well as agriculture.
Despite inflation …
