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Hotel Groups Hilton and Marriot Announce African Expansion Plans
Rising business and leisure travel on the continent has made it increasingly attractive for multinational companies and Hilton said on Wednesday that it plans to more than triple its African portfolio to more than 160 hotels.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Walmart Vriddhi Partners To Empower an Additional 100,000 MSMEs for Business Growth by 2028, Expanding Their Access to International Markets
"The program provides MSMEs with digital tools, personalized mentorship and market access to expand their reach both nationally and internationally, supporting sustainable business models and cross-border trade via Walmart Marketplace."
- Categories
- Investing
- Region
- Asia Pacific
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Itaú Launches R$500 Million CVC Fund by Absorbing Kinea Ventures
The current downturn in venture capital funding, following the 2021 boom, has created a favorable environment for CVC funds that still have capital to deploy.
- Categories
- Finance
- Region
- Latin America
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African Remittance Startup LemFi buys UK Card Issuer
Remittance flows to low- and middle-income countries rose nearly 6% last year to $685 billion, according to a World Bank estimate.
- Categories
- Finance, Technology
- Region
- Global
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Analysis: Transsion Wheels Into Africa’s EV Market With Same Playbook That Conquered Mobile Phones
"The Chinese company behind 50% of Africa’s smartphone sales now wants to dominate its roads."
- Categories
- Telecommunications, Transportation
- Region
- Sub-Saharan Africa
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Temu and Shein Are Reshaping Africa’s Biggest Online Retailer
"Temu and Shein operate with advantages African platforms struggle to match: tightly integrated global supply chains, vast cash reserves, and little pressure for short-term profits."
- Categories
- Technology
- Region
- Global
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How Starlink Is Stitching Together a Pan-African Strategy in Small Bytes
If Starlink is allowed to launch in South Africa, it could send a powerful signal across the continent.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Amazon Injects $41 Million Into India Payments Arm
"Amazon is looking to strengthen its payments arm since the sector is booming with new players entering the space and existing players bolstering their platforms."
- Categories
- Finance, Technology
- Region
- Asia Pacific
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