IN SUMMARY Kenyans working abroad have also been identified as key players in the country’s real estate sector. Those in the diaspora send over Sh10 billion back into the country each month, some of it for investment. Kenya is also…
DE BEERS SIGNS ‘LONGEST EVER’ ROUGH DIAMOND AGREEMENT WITH NAMIBIA
Anglo American’s subsidiary The De Beers Group of Companies and the government of Namibia have announced the signing of a new 10-year sales agreement, the longest ever between the two, for the sorting, valuing and sales of Namdeb Holdings diamonds. Namibia…
AFRICA TODAY IS LIKE CHINA IN THE 1980s
In the 1980s, China was far from the economic heavyweight it is today, but it was already in the midst of the economic reforms that would help make it the world’s largest economy by some measures. Today, plenty of retailers, especially…
KIGALI SPARKLES ON THE HILLS
Rwanda’s moniker, “land of a thousand hills,” not only attests to the country’s unique geography but also suggests the trajectory of Kigali through its many crises to become a model sustainable city. Kigali is one of Africa’s rising cities: it…
KENYA TOPS EAST AFRICA’S MILLIONAIRES CHART
Kenya is now among the top five countries in Sub-Saharan Africa with a high number of dollar millionaires, says a new report. According to the report by New World Wealth, a South African market research firm, Kenya now has 8,500…
Mauritius the top hot spot for African millionaires
Mauritius has emerged as an attractive luxury hot spot for millionaires in Africa in the past decade, with Kenya at fifth position, the Africa 2016 Wealth Report has revealed. The report, which reviewed the fastest growing African countries for millionaires…
AFRICAN PRIDE HOTELS – SOUTH AFRICA
The African Pride is “Protea Hotel’s Superior-Deluxe range of hotels, lodges and country houses”. Protea Hotel group have consistently been setting a high standard of luxury for their guests, for over a decade now and with the African Pride collection…
LUXURY UNDER THE KENYAN SKY – LOISABA STAR BEDS
We at Lux Afrique aim to demonstrate why we will be the pioneers in showcasing what Africa hidden little secrets. Loisaba, which from the outset has beautiful, abundant wildlife that incorporates pure luxury. Its accommodation is comfortable beyond measure and…
