Emerging Africa
Africa is on the move. The previous decade has been very positive for Africa, removing some of the
Downsides The global recession caused little damage and may even prove beneficial for Africa, in the sense that investors are more favourably inclined towards emerging markets.
Prime Groups central forecast assumes that a steady flow of investment, strong Asian demand, favourable demographics, good resources, gradual reforms and ongoing development will support long-term annual average growth of 6-7%.
Looking at the present scenario there is a great requirement for Urban Hotel facilities in all capitals of African countries.
We at Prime Group believe “Africa is still on the up,” and therefore we are in talks with several Governments in Africa to acquire land in Prime Urban Areas of their Capital Cities so Prime Group can develop world class Four Start standard Hotel facilities having Food and Beverage Outlets, Recreational facilities and Conference hosting facilities
Prime Group is in consultation with several leading Hotel Operators of the world to manage the properties under their brand.
Prime Group wishes to establish Hotel Management Institutions along with the Hospitality projects which will enable the local population to seek training and job opportunities in the Hospitality and Tourism Industry.
Our other investments are as follows:
