The total wealth held in Africa rose by a modest 14% over the past 10 years (2008-2018) with three of the largest economies on the continent, South Africa, Egypt and Nigeria performing poorly on most economic indicators according to the AfrAsia Africa Wealth Report 2019, released today by Mauritius based AfrAsia Bank.

The Middle East is weak. Europe, Hong Kong, Macau and Canada continue to experience strong price rises. But China, Russia, Japan, and most of the Middle East are experiencing either house price falls - or a sharp deceleration of house price rises

Marriott International (NASDAQ: MAR) today announced plans to debut Element Hotels , the stylish eco-incubator brand in Egypt in early 2019. Located in Cairo’s upscale Heliopolis district and slated to be the largest Element Hotel in the Middle East and Africa.

Western Cape is home to some of the world's best hotels.

With one year to go, stadiums are nearly ready for the greatest sporting spectacle in the world.

Positive outlook

MARMORAN, makers of specialist coatings for the building industry, have won one of the largest contracts of its kind to be awarded in Africa.

South Africa, along with Egypt, Nigeria, Morocco and Tunisia, accounted for 60 percent of all direct investment inflows into Africa from 1997 to 2001, a draft World Economic Forum (WEF) report had shown.