Tag Archives | Africa

Travel groups pour into open-for-business Africa

The world's big hotel chains and airlines are rushing to serve new corporate customers in Africa, as Chinese and Middle East investment boosts business interest in the resource-rich region. "Africa is becoming the next frontier, perhaps the last frontier," Ethiopian Airlines Chief Executive Tewolde Gebremariam told Reuters at the ITB travel fair in Berlin, saying […]

Africa offers promise and peril to telcos

Poor infrastructure, fragmented markets and stiff competition mean Africa poses risks as well as potential rewards for telecom operators hunting for growth in countries like oil-rich Nigeria and post-revolution Libya and Tunisia. With new cheaper smartphones set to drive sales, a growing corporate market, and the fact that most in Africa will use mobile phones […]