Lacking substantial oil reserves, Morocco took a backseat to Angola and Algeria during China’s resource binge in the 2000s. That has changed as China seeks to diversify investments. Morocco now has three Confucius Institutes and is becoming the default investment destination in North Africa as instability continues in the region. Anti-Chinese sentiment in more established China-Africa relationships is also leading China to diversify its investment portfolio. Casablanca is scheduled to play host to the China-Morocco Trade Week in December 2017.
Tourism: Latest News
Dana Sanchez, 11:34 pm
Angola has pushed Egypt out of second place in Africa for number of hotel rooms under construction. Angolan tourism is thriving internally, but the former Portuguese colony isn’t attracting many international tourists. Education is one way African professionals can add value to hospitality and tourism, and carve out a niche that reflects national character, tradition, and culture. Angola’s College of Hospitality Management train locals as game reserve and safari lodge managers. This is how Africa’s hospitality sector should mature. Private equity investors should take notice.
Dana Sanchez, 3:40 pm
Passengers flying nonstop to the U.S. on 9 carriers from airports in Egypt, Morocco, and six other Middle Eastern countries will not be allowed to bring electronics larger than cell phones in carry-on baggage. This is in response to unspecified terror threats and will be effective indefinitely, senior Trump administration officials said. Would-be terrorists “are aggressively pursuing innovative methods to undertake their attacks, to include smuggling explosive devices in various consumer items,” the U.S. Department of Homeland Security said Tuesday.
Reuters, 1:01 am
Airbnb, a US-based online marketplace to list or rent short-term lodgings, expects to double its customer numbers in Africa this year to 1.5 million. Company CEO Brian Chesky was in Cape Town’s oldest township Friday to surprise graduates from an Airbnb training program. He described Africa as “an incredibly exciting emerging market for travel.” The top five Airbnb cities in Africa are Cape Town, Marrakesh, Johannesburg, Nairobi and Casablanca, although listings are found from St. Helena island in the South Atlantic Ocean to Freetown, Sierra Leone, and Somalia.
Staff, 1:01 am
Visas are routinely denied by U.S. embassies without explanation. With the heightened attention on foreign travelers coming to the U.S., there have been stories of more visas being denied to people from countries not named in the Trump administration’s travel ban executive order. If there has been an increase in the number of visas rejected under the new administration, it’s hard to verify. The State Department data made available to the public ended in late 2016.
Kurt Davis Jr., 11:08 am AFKI Original
The economic downturn did little to stifle demand for African real estate. Some of the biggest returns and opportunities exist in rental properties, from beachfront getaways to hidden villas. Affordable housing is a major challenge for governments. Private investment is seen as a solution. Developers, private investors, and ordinary people can play a role in addressing the construction gap in the real estate sector and make a good return while doing so.
Mongabay, 1:34 pm
Ethiopia has failed to make the most of emission reduction projects that allow developing countries to sell certified carbon credits, a stakeholder said. Making carbon credits marketable requires time, substantial investment and resources. Even then, a prospective buyer might reject them. Proponents say the carbon trading projects can’t come soon enough. The country is losing five times more forest than it’s planting. If Ethiopia is strategic, it can sell abundant resources like water to help power industrialization, boost tourism, boost electricity generation and create a wealthy green economy. And it’s renewable.
Julia Austin, 8:56 am
Angola, a former Portuguese colony and member of both the African Union and Latin Union, has a diverse business community. Brush up on business etiquette before you go. When meeting someone in Angola, inquire about their family before diving into business. Building relationships is important. Don’t be surprised if business is not even discussed at your first meeting. They just want to get to know you. If there are any government officials present at your meeting, they may be addressed as “Excellency” (male) or “Excelencia” (female), without including their names. “Yes” doesn’t always mean yes. As in other African cultures, agreeing with someone is a sign of respect.
Joe Kennedy, 9:54 am
Each year, floodwaters from Angola flow more than 600 miles and drain into the desert sands of the Kalahari, creating a spectacular wilderness sanctuary along the way. The Okavango Delta is a desert wetland — a contradicition of terms that’s hard to imagine. The variety of flora and fauna means excellent game viewing year round. Excursions — often luxurious and expensive — offer unobtrusive insight to this pristine ecosystem of permanent swamps and seasonally flooded grassland. It’s one of the few large inland delta systems without an outlet to the sea.
Keren Mikva, 8:11 pm
Art in South Africa’s public spaces often marks the spot where historically significant events took place. Such art pays tribute to South African icons or raises awareness about social issues. There are numerous ongoing public art projects in the country’s cities involving permanent installations and temporary exhibitions. Route 67 in Port Elizabeth is a walking trail that pays tribute to Nelson Mandela’s 67 years of service to South Africans. It includes a collection of 67 art pieces celebrating his devotion to public life. Each piece of art along this heritage trail was designed by a local artist from the Eastern Cape.
Joe Kennedy, 1:01 am
Phil Harwood may be the first person to make the source-to-sea trip of the 2,920-mile Congo River in Central Africa in a canoe. You can watch a video of his five-month, mostly solo expedition. He started in northeastern Zambia, and it wasn’t always a smooth ride. While he marveled at the stunning beauty of the waterfalls and swamps he traversed, and encountered great hospitality and kindness, he was also chased, arrested, and he almost collapsed from malaria before finishing the trip.
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