Hilton Marks Opening of Hilton Cabo Verde Sal Resort

Hilton (NYSE: HLT) (http://HiltonWorldwide.com) marked the official opening of its spectacular new resort on the Island of Sal in Cabo Verde, announcing the company’s debut in the country and further growing the brand’s portfolio of world-class resorts.

Rudi Jagersbacher, Hilton’s president for Middle East, Africa and Turkey, and the company’s area vice president of operations for Africa and Indian Ocean, Jan van der Putten, were joined at the hotel’s opening ceremony by the country’s Prime Minister, Ulisses Correia, Justice Minster Janine Lelis, the hotel’s owners, and a host of dignitaries, ambassadors and guests.

Speaking at the event, Jan van der Putten said: “Cabo Verde is a fast-growing tourism destination that offers amazing weather year-round, a rich culture and pristine beaches, and we look forward to welcoming visitors to Sal with our world-renowned Hilton service and hospitality. We have an incredible product here and we expect to drive great business and opportunity to the hotel and to Cabo Verde as we look to expand in the country.”

Hilton Cabo Verde Sal Resort boasts of a stunning natural stone pool set within a lush tropical garden. Guests can enjoy a 24-hour fitness center, a kids club with a children’s pool and a nautical center for diving and sailing adventures. The hotel also features a beauty salon and Hilton’s signature eforea Spa concept with a wet area and eight treatment rooms.

Guests and local residents can enjoy a variety of dining options on-property, including:

THE BOUNTY BEACH CLUB: Blending international cuisine with Creole hospitality, Bounty Beach Club offers a casual but refined dining experience serving innovative specialties. Through the afternoon and into the night, guests can enjoy world-class cocktails while listening to the restaurant’s DJ.

POOL BAR: The Pool Bar offers a range of colorful and healthy food and drink options, including fruit juices and natural cocktails that guests can sip while relaxing by the pool.

CIZE BAR: In the evenings, guests can enjoy a carefully prepared cocktail or a glass of chilled wine at Cize Bar. As the sun sets, jazz, soul and Cape Verdean music add to the venue’s unique ambience.

MAGELLAN: Inspired by the sailing routes of the discoverers of the new world, Magellan is the hotel’s all-day dining restaurant and features a rich buffet with open cooking demonstrations and a selection of international dishes.

Hilton Cabo Verde Sal Resort is also the only hotel in the area to offer 24-hour room service and a minibar.

With over 1,000 square meters of flexible meeting and events space, including a 300 square-meter ballroom with high ceilings, Hilton Cabo Verde Sal Resort is ideal for business groups, small meetings and social events. The hotel also offers wedding packages which allow couples to celebrate their special day on the scenic beach overlooking the Atlantic Ocean.

“Hilton Cabo Verde Sal Resort is a world-class destination resort that caters to the increasing demand for next level hospitality in Cabo Verde,” said Alejandro Casamor, general manager. “With a beach club, flexible meeting space and a host of other facilities, Hilton Cabo Verde Sal Resort is poised to become the preferred choice for travelers visiting the country.”

Each of the hotel’s 241 spacious guest rooms features a 50-inch LED television, Wi-Fi and a balcony or terrace. All rooms span at least 39 square meters, while suites offer at least 75 square meters of space. In addition, guests staying in Oceanfront Suites or in the Presidential Suite will be able to enjoy breathtaking ocean views.

Hilton Cabo Verde Sal Resort is also part of Hilton Honors, the award-winning guest-loyalty program for Hilton’s 14 distinct hotel brands. Members who book directly have access to instant benefits, including a flexible payment slider (http://APO.af/uQB6ww) that allows members to choose nearly any combination of Points and money to book a stay, an exclusive member discount, free standard Wi-Fi and access to the Hilton Honors mobile app. Diamond members will enjoy free Premium speed Wi-Fi, space-available upgrades, complimentary breakfast and 1,000 Bonus Points per stay. Gold members will have the option of a complimentary, continental breakfast or 1,000 Bonus Points per stay.

Hilton Cabo Verde Sal Resort is located at Avenida Dos Hoteis, Santa Maria, 4111, Cabo Verde, just 15 kilometers away from Sal International Airport. For more information, or to make a reservation, call +238-3344444 or visit here (http://APO.af/zVTaQY) to book.

Media may access additional information and images at news.hilton.com/CaboVerde (http://APO.af/P7CjLR).

Distributed by APO Group on behalf of Hilton.

About Hilton
Hilton (NYSE: HLT) (http://HiltonWorldwide.com) is a leading global hospitality company, with a portfolio of 14 world-class brands comprising more than 5,100 properties with nearly 838,000 rooms in 103 countries and territories. Hilton is dedicated to fulfilling its mission to be the world’s most hospitable company by delivering exceptional experiences – every hotel, every guest, every time. The company’s portfolio includes Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio Collection by Hilton, DoubleTree by Hilton, Tapestry Collection by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages an award-winning customer loyalty program, Hilton Honors. Hilton Honors members who book directly through preferred Hilton channels have access to instant benefits, including a flexible payment slider that allows members to choose exactly how many Points to combine with money, an exclusive member discount that can’t be found anywhere else and free standard Wi-Fi. Visit http://Newsroom.Hilton.com for more information and connect with Hilton on Facebook (http://APO.af/ZkBUVg), Twitter (http://APO.af/jrzz8b), LinkedIn (http://APO.af/HExEhd), Instagram (http://APO.af/UJf6xC) and YouTube (http://APO.af/LzywDo).

About Hilton Hotels & Resorts
For nearly a century, Hilton Hotels & Resorts (www.Hilton.com) has been proudly welcoming the world’s travelers. With more than 570 hotels across six continents, Hilton Hotels & Resorts provides the foundation for memorable travel experiences and values every guest who walks through its doors. As the flagship brand of Hilton, Hilton Hotels & Resorts continues to set the standard for hospitality, providing new product innovations and services to meet guests’ evolving needs. Hilton Hotels & Resorts is a part of the award-winning Hilton Honors program. Hilton Honors members who book directly through preferred Hilton channels have access to instant benefits, including a flexible payment slider that allows members to choose nearly any combination of Points and money to book a stay, an exclusive member discount that can’t be found anywhere else, free standard Wi-Fi and digital amenities like digital check-in with room selection and Digital Key (select locations), available exclusively through the industry-leading Hilton Honors app. Begin your journey at www.Hilton.com and learn more about the brand by visiting http://News.Hilton.com or following us on Facebook (http://APO.af/WYkas2), Twitter (http://APO.af/84yDNh) and Instagram (http://APO.af/5ZMhXL).

Source:: Hilton Marks Opening of Hilton Cabo Verde Sal Resort

      

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South Africa: Portfolio Committee Appeals For Freeze in Price of Bottled Water

The Portfolio Committee on Trade and Industry will write to the Minister of Trade and Industry and the National Consumer Commissioner (NCC) to ask them to rein in unscrupulous traders who have increased the price of bottled water to benefit from the ongoing water crisis in Cape Town.

“In principle we are asking for intervention so that something can be done to make sure the regular price of bottled water is not increased without any regard to the pockets of consumers especially the most vulnerable”, said Mr. Adrian Williams of the African National Congress. All members agreed that something must be done while Mr Ghalieb Cachalia from the Democratic Alliance agreed that “measures should be developed to prevent the poor bearing the brunt of such unfair trading”.

The Chairperson of the Committee, Ms Joanmariae Fubbs having noted the consensus of all Committee members present said that given the water situation in Cape Town, “the current increase in the price of bottled water being charged by some unscrupulous entrepreneurs amounts to exploitation of the poor and vulnerable and does not reflect the spirit of the Constitution”.

She said the Minister and the NCC must apply their minds “expeditiously to make sure unfair business practices do not prevail” in Cape Town.

Distributed by APO Group on behalf of Republic of South Africa: The Parliament.

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Source:: South Africa: Portfolio Committee Appeals For Freeze in Price of Bottled Water

      

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African Risk Capacity and United Nations Partner to Increase Insurance Coverage in Africa

The African Risk Capacity (ARC), an agency of the African Union, and the United Nations Economic Commission for Africa (ECA) today (January 30, 2018) announced a new partnership which will see the two organisations work together to increase insurance coverage against climate risks for African states.

The multilateral deal was announced at the African Union’s Annual Summit in Addis Ababa, and commits ARC and ECA to build the capacity of their 33 common Member States by embedding risk management investments into government planning through policy development. ARC and ECA also will share expertise and commit financial resources to joint analytical work in areas of economic and climate risk research in order to promote risk transfer instruments.

The UN estimates that Africa will see the adaptation costs of climate change rise to $50 billion per year by 2050.

“This partnership marks a bold new phase of heightened collaboration on combatting the effects of climate change in Africa,” said Mohamed Beavogui, Director-General of ARC Agency. “The future of disaster risk management is an increasingly urgent economic issue, and ECA’s unique expertise will complement ARC’s work serving its Member States and building preparedness and resilience on the continent.”

In the four years that ARC has offered insurance coverage to its Member States, it has paid out more than USD $34 million to Member States affected by drought events. These resources have assisted over two million people affected by climate disaster.

“Climate change is one of the biggest threats to Africa’s economic and social development,” said ECA Executive Secretary Vera Songwe. “We believe that efforts like our partnership with ARC will help move the needle, so that African countries can be well-guarded against these threats, and they can thrive.”

Distributed by APO Group on behalf of United Nations Economic Commission for Africa (ECA).

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Source:: African Risk Capacity and United Nations Partner to Increase Insurance Coverage in Africa

      

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Remarks by Millennium Challenge Corporation Acting CEO Jonathan Nash at the Africa Business and Investment Forum, Addis Ababa

Remarks by Millennium Challenge Corporation Acting CEO Jonathan Nash at the Africa Business and Investment Forum, Addis Ababa:

Good morning everyone, your Excellencies, and distinguished guests. I am honored to be here today and to share the stage with such distinguished colleagues.

I’m also looking forward to talking with all of you about bringing together African and U.S. public and private sector leaders to identify new ways to work together, and promote private sector-led growth in Africa. From promoting trade and economic progress to countering violent extremism, U.S. and Africa share a number of common interests.

Strategic investments in critical sectors can help the poorest people rise out of poverty – advancing security, stability and prosperity across Africa.

As we all know, the continent is home to some of the world’s fastest-growing economies and will be home to one quarter of the world’s consumers by 2030.

U.S. companies and investors are increasingly aware of the continent’s economic potential. In 2015, U.S. goods to sub-Saharan Africa were $17.8 billion, up 75 percent from 2005. But this is just the beginning: we know that there is much progress to be made in deepening our trade and investment relationship, and increasing trade flows in both directions.

The U.S. is committed to working with African nations to realize the promise of a more peaceful, more productive, more prosperous world. We value our partnership with countries across Africa, and we respect the people of Africa.

I’ve been at MCC for about 12 years, and I’ve had the opportunity to work closely with many of our partners across the continent. And I know some of our partners are represented here today.

But for those who don’t know us well, here’s a brief overview: the Millennium Challenge Corporation is an innovative U.S. Government agency created in 2004 with one mission: to reduce global poverty through economic growth. We do this by focusing on good policies, country ownership and results.

And MCC’s commitment to Africa has been clear: Over the last 13 years, we have partnered with 23 countries in Africa – from Burkina Faso, Cote d’Ivoire and Ghana to Liberia, Mozambique, Senegal and Uganda. Our investments on the continent total more than $8.4 billion and account for 70 percent of our portfolio.

The majority of MCC’s investments are infrastructure projects that have delivered clean water and sanitation to help fight disease, improved agricultural yields by bringing irrigation to farmers, and increased access to reliable electricity for households and businesses.

We work together with our partner countries to analyze and identify the most binding constraints to private investment and entrepreneurship that hold back economic growth and then use that analysis to inform our projects.

For example, in November, we signed a $525 million compact with the Government of Cote d’Ivoire to support the country’s drive to diversify its economy through investments in education and training to align with the needs of the private sector, and improving transportation. Both are areas that are holding the country back from growth.

MCC compacts reflect our partner countries’ own priorities and we support countries owning their own development from design to implementation.

And, importantly, our investments help create the right conditions for private investment. Catalyzing private investment for development has been fundamental to our work.

Our innovative approach – from viability gap financing for infrastructure projects to support of regulatory reforms – unlocks capital, improves investment environments, and helps create opportunities for firms in emerging markets.

Identifying new sources of capital for investment in public infrastructure and services is critical to advancing economic growth and addressing development challenges. And for reducing global poverty. And we know investors are looking to enter high-potential markets in Africa.

Blended finance – the merging of public and private funds to mobilize additional private capital flows for the public good – is a key tool in global efforts to reduce poverty. Blended finance is the future of economic development. MCC is committed to identifying and implementing actionable strategies for unlocking capital flows and we want to partner with you.

One area where blended finance can have a transformative impact is the power sector. Along with our U.S. Government partners, including USAID, OPIC and Power Africa, we are working to expand access to reliable, affordable electricity throughout the continent, as evidenced by the over 1.5 billion in grant funding MCC has committed to date.

For example, MCC’s $498 million compact with the Government of Ghana is focused on the power sector, where we are supporting the Government’s efforts to improve the financial and operational health of the utility by bringing in a competitively selected private sector operator who will invest up to $500 million to strengthen the distribution network and improve service quality for households and businesses, and reduce losses.

Our investments in Ghana are expected to help catalyze significant new private investment overall and help the Government of Ghana better deliver reliable electricity services to its people.

In Benin, MCC’s investments are crowding-in and mobilizing commercial finance to increase total financing available for development. Our Off-Grid Electricity Access Project is a competitive grant facility that will fund, in partnership with the private sector, critical public infrastructure, household solar systems, mini-grids and energy efficiency measures.

In Liberia, we worked alongside other donors to fund the rehabilitation of the Mount Coffee Hydropower Plant. MCC’s investment in Mount Coffee will help bring back online the country’s largest source of power, providing much needed electricity and driving down the price of power.

And in Senegal and Burkina Faso, we are currently developing new compacts that are likely to focus on partnering with the private sector to strengthen the power sector.

We are optimistic about the potential for investors to partner with us and others on the continent to increase economic growth and reduce poverty. By connecting investors to new, underserved markets, we can expand opportunity for millions of people across Africa. We will continue to work to forge strong, innovative partnerships with the private sector, civil society, foundations and others to increase the impact of our collective investments.

I am looking forward to further conversations today on these important topics, and to realize new and exciting partnerships.

Thank you.

Distributed by APO Group on behalf of Africa Regional Media Hub.

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Source:: Remarks by Millennium Challenge Corporation Acting CEO Jonathan Nash at the Africa Business and Investment Forum, Addis Ababa

      

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