Marriott to Build 50 Hotels in Nigeria, S’Africa, Egypt

Marriott International Incorporated plans to build about 50 hotels in NIGERIA, South Africa and Egypt each before 2020, to benefit from a surge of travelers, the company’s president for the Middle East and Africa, Alex Kyriakidis has revealed.

 Bloomberg quoted Kyriakidis to have explained that the plan is to add 10,000 hotel rooms apiece in Africa’s THREE biggest economies, targeting “super growth” based on their economic potential and tourist attractions.

Speaking in an interview in Addis Ababa, Kyriakidis said: “We see tremendous growth opportunities in Egypt.”

“As NIGERIA’s economy powers on, the demand for hotel rooms is going to be substantially greater.”

The Bethesda, Maryland-based company sees the region as

Boko Haram: Davis links funding to agent in Cairo

Australian ne-gotiator, Stephen Davis yesterday gave some details of how top Nigerians have been channeling  huge sums of money to bankroll the activities of the Boko Haram sect.

The influential Nigerians, whose names were however not revealed, were said to have created a strong network which assisted them to wire a large sum of money via the Central Bank of Nigeria to an agent in Egypt. The agent, he said,  purchases the arms and military uniforms for the insurgents.

Australian negotiator, Dr. Stephen Davis, and Boko Haram commanders in 2013 after BH reportedly agreed to dialogue

Australian negotiator, Dr. Stephen Davis, and Boko Haram commanders in 2013 after BH reportedly agreed to dialogue

Apart from the Cairo agent buying arms directly for the sect,  vehicles and some materials are sometimes  moved to Benin Republic where