Seed fund helps businesses go online in Africa
The seed fund sum is a modest US$200,000 but it marks the slow but steady march of business going online in Africa. Sleepout.com attracted this seed funding from Amsterdam-based Africa Media Ventures Fund.
It has already invested in EatOut.com
Gloria Hotels & Resorts reveals expansion strategy
DUBAI-based hospitality chain, Gloria Hotels & Resorts generated phenomenal interest among trade professionals, hotel developers, investors and media during Arabian Travel Market 2013. Formed in 2010, this newly formed Hospitality
Read more: Gloria Hotels & Resorts reveals expansion strategy
Marriott says Middle East revenues up 11% in Q1
US hotel giant Marriott International has announced that its RevPAR (revenue per available room) rose by more than 11 percent in the first quarter of 2013.
The hospitality operator said the RevPAR increase was driven predominantly by a 4.1 percent growth in first
AfDB President Commends Tunisian Hospitality
The President of the African Development Bank Group, Donald Kaberuka, Thursday, May 23, in Tunis, called on the Tunisian Prime Minister, Ali Laarayedh.
President Kaberuka underscored the friendship between the AfDB and Tunisia and expressed gratitude to the Tunisian Government
