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  • Radisson signs third hotel in Zambia
    Radisson Hotel Group has announced its first resort and third hotel in Zambia, with the signing of Radisson Blu Resort Mosi-oa-Tunya, Livingstone, Zambia. Due to open by the end of 2022, this new addition places the group firmly on track to achieving its objective of reaching 150 hotels in operation and under development in Africa by 2025.
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    Covid-19

    Company News
    Africa can finance its development but needs a paradigm shift

    Africa faces its worst economic recession in 25 years, largely due to the Covid-19 pandemic...

    By Matilda Moyo 22 Dec 2020

    Energy resources can spark Africa's economic growth

    Despite the Covid-19 pandemic, not all of the economic news in Africa has been negative. We continue to see promising developments...

    By NJ Ayuk 4 Nov 2020

    Covid-19 and AfCFTA: why now is the time to maintain momentum despite the global pandemic

    The buzz and excitement around the continent's trade agreement, hailed as the answer to a fully integrated pan-African economy, has undoubtedly slowed its pace since the secretariat became operational in April 2020...

    By Zuneid Yousuf 15 Oct 2020

    Business as usual in post-pandemic recovery will only reinforce economic hardship

    Africa's low level of economic diversification is a leading factor in the continent's economic fragility. Further, the Covid-19 pandemic has magnified the risks of countries' over-dependence on a single natural resource such as oil...

    By Njuguna Ndung'u 28 Sep 2020

    Africa is open for business

    Despite the Covid-19 pandemic, investment opportunities still abound in Africa. Global markets are shifting to South Asia and Africa...

    15 Sep 2020

    Why the African free trade area could be the game-changer for the continent's economies

    Most economists see structural transformation as one of the main routes to Africa's sustainable development...

    By Muazu Ibrahim 3 Aug 2020

    Why African countries are reluctant to take up Covid-19 debt relief

    A debt service relief package has been approved by some of the world's biggest lenders for more than 25 African countries...

    By Misheck Mutize 30 Jul 2020

    What drove Asia's economic success stories, and what should Africa emulate?

    The remarkable economic transformation of Asia in recent decades has attracted global attention. It has ignited scholarly and policy debates about the region's development models and strategies...

    By Mills Soko 27 Jul 2020

    Covid-19 impact on consumption patterns in Africa's key markets

    Prior to the pandemic, Africa was identified as one of the fastest-growing consumer markets in the world, with household consumption growing even faster than GDP...

    23 Jul 2020

    The African Continental Free Trade Area - from agreement to implementation

    The Agreement Establishing the African Continental Free Trade Area (AfCFTA) was brokered by the African Union (AU) and adopted by 44 of its 55 member states on 21 March 2018. By February 2019, all AU countries, save for Eritrea, had become signatories to the AfCFTA, which came into force on 30 May 2019...

    By Robyn Berger, Theunis Claassen and Catherine Robson 30 Jun 2020

    Controlling Covid-19 will carry devastating economic cost for developing countries

    Many African countries quickly closed their borders and imposed lockdown. This meant that, until the beginning of May, no African country had more than 10,000 people affected, with South Africa, Egypt, Morocco or Algeria being the hardest hit...

    By Borja Santos Porras 4 Jun 2020

    How a post-Covid-19 revival could kickstart Africa's free trade area

    The African Continental Free Trade Area was launched two years ago at an African Union (AU) summit in Kigali. It was scheduled to be implemented from 1 July 2020...

    By Faizel Ismail 27 May 2020

    Slow Covid-19 economic recovery compels African companies to adapt

    The World Economic Forum (WEF) reported this week that the pandemic has hit global trade and investment at an "unprecedented speed and scale" and revealed the fragility of the modern supply chain...

    By Clement Chinaka 21 May 2020

    Steps to inoculate African economies against the impact of coronavirus

    The curve of the coronavirus pandemic started to bend upwards in Africa only recently - just as the curve in the 10 most-affected countries around the world was flattening...

    By Chuku Chuku 15 May 2020

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