The construction of a third terminal at Accra’s Kotoka International Airport and allocation of funds for the repair of roads to popular tourist destinations will enable the hotel industry in Ghana to grow 1.1% in 2017, 2.1% in 2018 and 2.3% in 2019.

Investment Opportunities Abound in Africa’s Hospitality Sector

By Abdi Ali Published August 17, 2017 The hospitality sector in Africa’s emerging markets looks set to profit from foreign investment and an influx of foreign travellers, making them integral to the expansion strategies of some of the world’s leading hotel developers. Hotels Outlook: 2017-2021, a report by PriceWaterHouseCoopers that looks at hotel accommodation in






Peter Damgaard Jensen, CEO of PKA; Kim Fejfer, Managing Partner and CEO of A.P. Moller Capital; Torben Möger Pedersen, CEO of PensionDanmark; Chresten Dengsøe, CEO of Lægernes Pension, Robert Mærsk Uggla, CEO of A.P. Moller Holding.

Danish Pension Funds to Support African Infrastructure

By Irene Gaitirira Published August 11, 2017 A US$1 Billion fund to support infrastructure and spur sustainable economic growth in Africa has been created. A Danish initiative bringing together four partners, the new fund with a duration of 10 years and initial target of 10 to 15 investments that has received commitments of US$550 Million






Uhuru Kenyatta, Kenya's President, receives Jack Ma at StateMukhisa Kituyi, UNCTAD's Secretary-General, looks on. House, Nairobi, as

Kenya Joins Global Capacity-Building Programme for Entrepreneurs

By Khalifa Hemed Published July 21, 2017 Though Micro, small and medium-sized enterprises (MSMEs) are said to contribute some 33.8% of Gross Domestic Product (GDP) and 81.1% of employment opportunities in Kenya, 98% of them not only exist outside the formal economy but are run by women and youth without formal training in business. Wishing






Kigali, Rwanda, to host the 5th East Africa International Arbitration Conference September 28-29, 2017.

East Africa Embraces Arbitration, Holds Conference

By Irene Gaitirira Published June 25, 2017 An event aimed at promoting arbitration as an alternative mechanism of resolving disputes to court litigation shall held in Rwanda September 28-29, 2017. The 5th East Africa International Arbitration Conference (EAIAC2017) that shall be held Kigali on the theme ‘Linkages Between International Arbitration and Africa’s economy’, shall seek






African Renewable Energy Projects Win Co-Development Facility competition

By Abdi Ali Published June 20, 2017 Renewable energy projects from Tanzania, Rwanda and Ghana have won US$7 million funding support. The three winning projects are said to have been selected from a technologically and geographically diverse pool of 82 entrants from 23 countries to the 2017 Access Co-Development Facility (ACF) funding support for renewable






Internet Infrastructure Security Guidelines for Africa were launched at the African Internet Summit in Nairobi, Kenya

Internet Infrastructure Security Guidelines for Africa Launched

By Khalifa Hemed Published June 8, 2017 Guidelines to help Africa create a more secure Internet infrastructure have been launched. The guidelines, touted as being the first of their kind in Africa, were unveiled by the African Union Commission and a non-governmental organisation called Internet Society during the African Internet Summit that took place in






Suffyan Koroma, FAO senior economist and lead author of the Formalization of Informal Trade in Africa report.

Harnessing Instead of Suppressing Informal Trade Can Boost Africa’s Economies

By Food and Agricultural Organisation Published May 27, 2017 Africa’s informal cross-border trade (ICBT) can contribute to improving livelihoods and increasing regional integration across the continent. Formalization of Informal Trade in Africa, a report by by Food and Agricultural Organisation (FAO), says informal cross-border trading accounts for between 20% and 70% of employment in sub-Saharan






Brendan Vickers, Economic Adviser at the Commonwealth Secretariat, says African countries are engaged in a range of global, regional and bilateral negotiations on trade and trade-related issues.

African countries to Discuss Strategies to Strengthen Their Trading capacity

By Irene Gaitirira Published May 24, 2017 African policymakers, negotiators and trade analysts are set to discuss priorities for reviving world trade and strengthening their trading capacity. The two-day meeting in Mauritius–May 25-26, 2017–shall be held to the backdrop of reports that world trade has declined by more than US$3 Trillion, with sub-Saharan Africa’s combined






Henry Rotich, Kenya's Finance Minister, with Patrice Talon, President of Benin, during the ATI meetings in Nairobi

African Governments and Investors Discuss Declining Foreign Direct Investment

By Abdi Ali Published May 16, 2017 Representatives of governments and investment have met in the Kenyan capital, Nairobi, to explore ways and means of closing a US$900 Billion infrastructure gap in the face of decreasing foreign direct investment (FDI) flow across Africa. Government Ministers from across Africa have sat together with investors and the