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Dubai-based investment firm acquires Java House, Africa expansion next

The Abraaj Group, a Dubai-based private equity investment firm, has announced the acquisition of Java House restaurant chain from Emerging Capital Partners (ECP) for an undisclosed amount...

By Dannish Odongo 7 Jul 2017

Global travel body urges Kenya to reassure future tourists

NAIROBI, KENYA: The head of the World Travel & Tourism Council (WTTC) has urged the Kenyan government and tour operators to reassure potential visitors about coming to the country given the deadly Nairobi mall attack.

26 Sep 2013

Retailers hit sweet spot in Africa

Africa's scope for investment is steadily increasing and demand for more formal retail options from shoppers is following suit.

By Zeenat Moorad 26 Aug 2013