Bench Events and APO Group form long-term partnership to help drive hotel investment in Africa

Bench Events, organisers of the Africa Hotel Investment Forum (AHIF) and APO Group, a leading media relations consultancy and press release distribution service, announced a wide-ranging collaboration aimed at boosting investment in the hospitality industry in Africa. The deal, which is set to run until 2022, covers the next three editions of AHIF and its Francophone equivalent, the Forum de l’Investissement Hôtelier Africain (FIHA).

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Hughes: $16trn required globally to replace substandard housing

Not less than $16 trillion will be required globally to replace sub-standard housing and build additional units needed by 2025, New Telegraph has learnt. According to the Executive Director, MIXTA Africa, Sade Hughes, global housing affordability gap per year is in the tune of $650 billion, citing United Nations’ estimates.

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Driving sustainable housing finance

Housing and financial experts are not leaving any stone unturned in their bid to unlock the potential in real estate sector and bridge accommodation deficit. Dayo Ayeyemi reports.

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Stakeholders recommend more investments in housing

Stakeholders in the housing sector have called for greater investments from the private sector in proffering lasting solutions to the increasing housing challenge in the country. Mr Festus Adebayo, convener of the Abuja International Housing Show, in a communiqué on Monday in Abuja said stakeholders agreed that a combination of factors including lands regime, cost of funding, insufficient data, policy summersaults and lack of political will and corruption were parts of the sector challenges .

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Nigeria Budget Runs In Deficit – Fashola

The immediate past Minister of Power, Works and Housing, Mr Babatunde Fashola  has said that Nigeria Budget run in deficit. According to Fashola, non release of funds hampered some of the projects he wanted to executive when he held sway as minister

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Morocco set to promote Sahara as hub for West Africa

The new development model for the southern provinces ushered by King Mohammed VI has geared investments in infrastructure that aim at making of the Sahara a hub for Sub-Saharan Africa. In total, $7 billion were allocated to the Marshall plan for the Southern provinces over the 2016 – 2023 period.

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A new city is not a smart idea for South Africa

As the Young Urbanists, we are surprised and concerned at the implicit support given for the development of a new “smart city” as set out in government pronouncements over the past two months. While the government should be applauded for highlighting the importance of urbanisation for South Africa’s development and the opportunities and challenges that it presents, as well as looking to take bold steps to address it, we must interrogate what the best approach should be to meet the triple challenges of poverty, unemployment and inequality in South Africa’s urban areas.

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