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Validation of UBA’s Pan-African Growth

United Bank for Africa Plc (UBA) successfully raised USD500 million, though a debut Eurobond, which was 240% over-subscribed. The significant investor demand reflects the strong global investor appetite for UBA’s credit and support for the Group’s pan-African financial services strategy. The Global Offering is a five-year senior unsecured benchmark bond (144A/Reg S) listed on the …

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Mobile-first Experience in the Hospitality Industry

A report by IDC (International Data Center) indicates that Africa has steadily recorded an increased shipment of smartphones in every quarter, and the market is expected to double in volume, accounting for a third of all handset shipments by end of 2017. This will further bolster the number of customers …

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Hotel Fitness Centers, New ‘gold’ in the Hospitality Industry

By Josephine Wawira | May 26, 2017 Fitness Centers have become the new ‘gold’ in the hospitality industry, with a recently published Hospitality Report Nigeria by Jumia Travel showing the Gym as one of the most sought after amenities by customers booking a hotel stay. The growing trend from home based fitness programs …

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Tourism and Hospitality Industry Patterns in Africa

Jumia Travel & Accor Hotels give insights into Africa’s Hospitality Industry, 2017 Tourism in Africa is essential for both international and intra-border trade; apart from serving as a major employer by contributing 1 /10 jobs (UNWTO) the sector also serves a unique role in cultural integration and intermediation, therefore cementing …

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