Buziness Africa magazine

Who Wants to Be a Russian Billionaire?

DollarsBy Lukas I. Alpert

MOSCOW, October 11, 2013 (WSJ) — When it comes to household wealth, it seems Russia has come full circle. In the days of the Soviet Union, the country boasted that all its citizens shared the wealth equally, but a new report has found that a mere 20 years after the end of Communism, wealth disparity has soared with 35% of the country’s entire wealth now in the hands of just 110 people.

Friday, 11 October 2013 22:07

Marriott Hotels and Resorts Ready for Astana Expo 2017

Philippe_Mahuas_1ASTANA, Kazahkstan, May 31, 2015 (Buziness Africa) – Marriott International, one of the newly built hotels, offers the most comfortable accommodation and all modern conveniences for work and relaxation in Astana, capital of Kazakhstan. Its location provides an easy access to some of the city’s historical sites, a Soviet era theatre and beautiful mosques as well as shopping centres such as the Keruen Centre, Asia Park and Khan Shatyr – popularly referred to as Astana’s Disneyland.

Sunday, 31 May 2015 11:12

Kenya Courts Russian Tourists As Diversification Gains Foothold

Magical-kenya-tourism-identityBy Naftali Mwaura Muigai

NAIROBI, Kenya, December 01, 2013 (Buziness Africa) -- The Kenyan government has embarked on marketing blitz to woo tourists from the emerging markets of Russia, China and the Gulf region as the east African country diversifies the tourism sector to beat competition from the continent’s rivals.

Sunday, 01 December 2013 09:28

Ethiopia and Russia will work on increasing bilateral trade — Ethiopian FM

EthioRusiMOSCOW, April 25, 2016 (TASS) -- Ethiopia and Russia agreed to work more on boosting mutual investment and trade, Ethiopian Foreign Minister Tedros Adhanom Ghebreyesus said on Monday after a meeting with his Russian counterpart Sergey Lavrov.

Monday, 25 April 2016 10:06

Africa's Infrastructure Deficit Presents Opportunities

imageMsDUBAI, UAE, October 25, 2014 (GNA) -- Investors have been urged to recognize Africa’s infrastructure challenges as an opportunity for investment. “What constitutes challenge constitutes an opportunity for growth,” President Mahama made this profound statement during a panel discussion to build consensus on how to attract investors into Africa at the 2nd Africa Global Business Forum in Dubai in October and assured investors that the continent is ready with various reforms to create friendly business environment to guarantee good returns on investments.

Saturday, 25 October 2014 09:43

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Buziness Africa magazine