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American PE company acquires Actis

American PE company acquires Actis
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

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Private equity company Actis shuts Nairobi office

Global private equity firm Actis has closed its Kenyan office. ....

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Why South African company disposed of its Nairobi hotels

South Africa’s City Lodge Hotel Group said it decided to sell three hotels in Nairobi and another property in Dar es Salaam after failing to gain traction in the markets. ....

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City Lodge Hotels reports strong recovery

One can easily draw an analogy between the top-performing companies or entrepreneurs in tough times and top-performing sportsmen in a high-pressure arena, in the sense that both decide not to cut and run . ....

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City Lodge reopens all 56 of its SA hotels

Occupancies at 46% to date in February compared with 16% in July 2021. ....

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