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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.…
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- Global NPL and distressed assets present a promising opportunity for investors looking to diversify their portfolios.
- A forum at the Annual Investment Meeting explored how rising interest rates are creating opportunities for distressed debt investors.
- Key speakers discussed the different asset classes, including real estate, corporate, and consumer debt.
Investors have been urged to capitalise on investing in distressed assets and non-performing loans to grow their portfolios. According to experts at the Annual Investment Meeting (AIM), non-performing loan (NPL) investing is becoming a popular strategy for investors seeking high returns.
The conference, which was held in two panels examined the current global economic environment and how rising interest rates are creating opportunities for distressed debt investors.
According to Harvard Business School, distressed debt investing is the process of investing capital in the existing debt of a financially distressed company, government, or public entity.
Why having partners is a must
The …
- The forum offers a unique chance to shape global investment policies by tackling the challenges to international investment.
- The forum will offer policymakers and other stakeholders an opportunity to identify solutions and reach a consensus on climate finance and investment priorities.
UNCTAD World Investment Forum Executive Director James Zhan has announced the launch of ‘UNCTAD World Investment Forum 2023’. Taking place under the theme ‘Investing in sustainable development’, the forum, which will be held in October will bring together government leaders, global CEOs and other investment stakeholders.
Zhan stated that the UNCTAD World Investment Forum is the foremost global platform dedicated to investment and development. The forum is aimed at coming up with strategies and solutions for the challenges faced by global investment and development.
Climate finance and investment priorities
It also offers a unique chance to shape global investment policies by tackling the challenges to international investment resulting from …
- Financial technology has become an important support for the development of countries around the world.
- Digital technology, data resources, and intelligent technology can promote digitalization across the globe.
- At the global meet, experts provided insights on the opportunities and challenges of digital transformation in the financial sector within the Arab world.
Investors across the world are closely monitoring digital transformation, financial inclusion and sustainable finance trends in the Arab world. These revelations emerged as a top agenda during the just concluded Annual Investment Meeting (AIM) in Abu Dhabi, UAE.
Director and Advisor at the Secretary General Office–Union of Arab Banks Rajaa Kammouny highlighted the challenges banks within the Arab world are facing while calling for readiness to tackle future challenges.
Digital transformation in the Arab World
Under the Digital Transformation of Financial Sectors in the Arab World and the Role of Financial Technology in Economic Diversification discussion forum, experts offered …
- The 12th edition of the Annual Investment Meeting (AIM) featured a one-of-a-kind masterpiece by renowned artist Nadmid Sergelen.
- The piece captured the Cultures and Accomplishments of Mankind while illustrating the Synergy and Diversity of Life on Earth called ‘One Day of the World,’.
- Day 2 session on ‘Investment Monitor’s FDI Report 2023: A focus on the Middle East & Africa focused on the two areas’ investment landscape.
- Day 3 commenced with a panel discussion on Sustainable Investment Opportunities in FDI.
The 12th edition of the Annual Investment Meeting (AIM) featured a one-of-a-kind masterpiece created by the renowned artist Nadmid Sergelen. The works of art captures the Cultures and Accomplishments of Mankind while illustrating the Synergy and Diversity of Life on Earth called ‘One Day of the World,’.
The painting is unique for its Historical Significance and Value. The fragility of the natural flora and fauna, as well as the Global …
