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Monday, April 14

Browsing: Tourism

Stanbic cuts deal with Kenya’s DCI and stops further probe in controversial airline deal

Airlines 10 April, 2025

Listed lender Stanbic Bank has cut a deal with Kenya’s criminal investigations body to stop the police from looking into…...

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Kenya Airways rebounds to profitability after more than a decade in losses

Airlines 27 March, 2025

Kenya Airways (KQ) has reported a Ksh5.4 Billion ($39.9 million) profit for 2024-a record high in 11 years, overturning a…...

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Kasada Capital Management: Transforming Hospitality in Africa with Sustainable Investments

Hotels 18 February, 2025

Kasada Capital Management is establishing itself as a major player in hotel development in Africa. With the support of the…

Passengers stranded in Nairobi as airlines suspend flights to Somalia

Airlines 22 January, 2025

Several passengers are stranded at the Jomo Kenyatta International Airport in Nairobi after airlines suspended flights to Somalia over high…...

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Kenyan startup raises $4.5 million toward sustainable tourism

Featured 16 January, 2025

Kenya-based venture capital firm Purple Elephant has secured $4.5 million in seed capital, making it one of Africa’s biggest rounds…...

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IFC Deepens Partnership with Azalaï Hotels Group to Support Tourism in West Africa

Press releases 7 January, 2025

Dakar, Senegal, December 23, 2024 – To support the tourism sector and create jobs in West Africa, IFC today announced a…

Kenya Airways shares trade to resume after five year NSE suspension

Airlines 6 January, 2025

Kenya Airways share will resume trading after a five year suspension from the Nairobi Securities Exchange, following the overturn of…...

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Tourists visiting Kenya exempt from declaring devices’ IMEI numbers

Featured 10 November, 2024

Kenya has reneged on its proposed policy that required tourists entering the country to declare their mobile phones International Mobile…...

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Ten state-owned Ethiopian companies to be listed on the stock exchange

Airlines 13 September, 2024

Ten state-owned companies have been identified for listing on the Ethiopian Securities Exchange (ESX) later in the year or early…...

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Aviation Strike Over- Kenya Aviation Workers Union says

Airlines 12 September, 2024

Kenyan aviation workers ended their strike after day-long protests on Wednesday that disrupted travel at various airports in the country…...

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Kenya: Thousands of travellers stranded at JKIA as workers protest Adani takeover

Airlines 11 September, 2024

Thousands of travellers have been stranded since Wednesday midnight at the Jomo Kenyatta International Airport (JKIA) after staff at the…...

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High court stops Adani deal to lease Kenya’s main airport

Airlines 10 September, 2024

Kenya’s high court has temporarily stopped a proposed deal for Adani Group- one of India’s largest conglomerates- to lease the…...

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Kenya’s Treasury helps KQ back to first profit in ten years

Airlines 21 August, 2024

Kenya’s national carrier, Kenya Airways (KQ), has ended a decade-long streak of losses, turning a profit thanks to interventions by…...

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Ethiopian Airlines has signed a deal to construct the biggest airport in Africa

Airlines 19 August, 2024

The company said in a press statement that the airport will be some 40km from Addis Ababa Bole International Airport.…...

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Indian Firm proposes $1.85 billion investment to upgrade JKIA

Airlines 25 July, 2024

Adani Airport Holdings, a subsidiary of one of India’s largest conglomerates, has proposed to invest $1.85 billion to expand the…...

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Côte d’Ivoire : Azalaï Hotel Group Inaugurates Headquarters of its Subsidiary Salam Management Services

Featured 16 September, 2023

Kigali: Hotel Mille Colline celebrates its 50th anniversary

Featured 30 July, 2023

The most beautiful palace in Kigali celebrates its 50th anniversary from August 4th to 6th, 2023. Opened in 1973, this…

Egypt: tourism revenues return to pre-pandemic levels

Premium 26 January, 2022

Tourism revenues exceeded $13 billion in 2021 in Egypt, returning to their pre-pandemic level, according to Ghada Shalaby, the responsible…

Hilton announces the signing of the Hilton N’Djamena Toumaï Palace hotel

Hotels 25 January, 2022

The new hotel is expected to start welcoming guests in 2022 N’Djamena, Chad January 25, 2022: Hilton (NYSE: HLT) today…

Burkina Faso: Air France suspends its Paris-Ouagadougou route

Premium 24 January, 2022

The airline Air France has announced that it is suspending the Paris-Ouagadougou link. A decision that she says she took…

Mali: Air France suspends its flights

Airlines 13 January, 2022

The French public airline Air France announced, on January 12, 2022, the cancellation of its flights to and from Bamako…

Africa: towards a take-off in air transport in 2022

Airlines 28 December, 2021

The African air transport sector, faced with a difficult economic situation reinforced by the onset of the health crisis linked…

Morocco / Tourism: clash between operators and the government

Featured 27 October, 2021

By Albert Savana. This is the first major incident between Aziz Akhannouch’s government and the business community. Faced with an…

Radisson Hotel Group has its best year in Africa and the Middle East

Hôtellerie 25 October, 2021

The Radisson hotel group has announced that it has achieved a record year in Africa and the Middle East, with…

Malian self-made man Samba Bathily inaugurates the Mansa Floating Hub in Cap-Vert

Hôtellerie 24 August, 2021

Malian businessman Samba Bathily has just invested in a cultural complex in Cape Verde, precisely on the island of São…

Tunisie: Continuation of the downward trend in tourism activity in the first quarter of 2021

Bank 17 August, 2021

The indicators of tourism activity in Tunisia continued their downward trend, in particular for the flow of foreign tourists which…

DRC: official drop in airline ticket prices by more than 40%

Airlines 10 August, 2021

In the Democratic Republic of Congo, the government formalized on August 7, 2021, a decree announcing a drop in the…

Senegal pledges to promote business tourism

Sectors 14 July, 2021

The Senegalese Tourism Promotion Agency (ASPT) organized a workshop on Wednesday July 14 in Dakar to provide feedback on the…

In Abidjan, All Sees invites you to an exclusive luxury tourism dinner

Featured 9 July, 2021

Organizers of major events dedicated to the luxury industry in Paris and Geneva, Coralie Ombga and Anouch Sedef, initiators of…

Air Belgium announces first connection to Africa

Airlines 29 June, 2021

The airline Air Belgium, in operation since 2018, announced the operationalization of its new link between Brussels and Mauritius from…

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Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….

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