Egypt and Nigeria markets remain the top targets of international hotel chains.  New hotels' pipeline in sub-Saharan Africa has gone up six per cent in 2022 (measured by rooms), whilst in North Africa the total has risen by four per cent. At the moment, the hotel chains have deals signed in 42 countries in Africa.

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Martin Mwita is a business reporter based in Kenya. He covers equities, capital markets, trade and the East African Cooperation markets.

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