Latest news with #CoteDIvoire
BBC News
4 days ago
- Sport
- BBC News
'I bin train wit pregnancy to set AfroBasket record'
"If I fit push pikin wetin be AfroBasket wey I no go fit play" na wetin Sarah Ogoke - Taylor, wey be di only African woman wey don win di Women African Basketball Championship five times tell BBC News Pidgin. Sarah Ogoke na part of di Nigerian team wey win di just concluded tournament. She participate just ova six months afta she born her pikin. She answer di national call and also participate actively even as she dey nurse her pikin wey neva reach one year. Di 2025 Africa Women Basketball Championship end last Sunday for Abidjan, Cote d'Ivoire. Nigeria win di continental titles for 2003, 2005, 2017, 2019, 2021, 2023, 2025. President, Bola Tinubu shower cash gifts, house and national honour to di victorious team. Sarah Ogoke wey also be certified medical doctor, share how she bin dey train and compete even wen she carry belle just to prepare for di championship. She tell BBC News Pidgin say e bin no too dey easy for her as a nursing mother, but as she love basketball, her country Nigeria, and she get support from her team mates and technical team, even pipo from Nigeria govment ginger her to set dis record. 'My husband ginger me to enta competition mood back afta I born' For di exclusive interview wit BBC News Pidgin, di medical practitioner narrate how she bin wan give up her career to focus on her pikin afta she born, but her husband no gree, e ginger her to go back to training. She say between three and six months she get her body back and begin compete well-well. According to Taylor, pipo dey wonder how she take comeback to sporting shape within six months to compete for major tournament but her husband drag her go gym. "Afta I born my son, I come dey feel somehow, my passion for basketball dey push me but di love wey I get to care for my baby dey one side. My husband go begin show me my old pictures of how I bin dey play basketball, di medals I bin don win, im go remind me say na beta basketball player im sabi o, no be dis one wey dey hia o. Im go motivate me wit di Afrobasket, im go ask me say e be like say I no wan make dem invite me to go play for di 2025 Championship. If I really want to go, I need to start training and begin play well. As my husband ginger me finish wit pictures, im carry me go gym, from dia I begin train" During training and any competition dat time, na her husband dey do most of di house work just to support her dream. She say im go change napkin, carry di baby, baff di pikin and oda house tins. "Na di ginger wey my husband give me, di domestic support and passion wey I already get for basket na im make me play to set dis record. Bifor I born, I bin dey train wit pregnancy, I dey compete dey win for my first trimester" she add. 'Nobody wey no carry my pikin for di championship' She add say she fit nurse her pikin and compete well for di tournament sake of di support wey her team mates and technical team give her. According to her, her son Bentley turn to community pikin wey evribody dey carry just to give her small space to train, play or rest. "Plenti times dey wey my teammates, di technical team go come carry my pikin, evribody for di team carry am at one point or di oda. Even Minister wey come watch di match carry am, so e no get any point wey im becom eproblem to me" Some go change im diapers, some go try to make am sleep, some go carry am dey play wit am and I tank all of dem well-well" She explain say she dey use breast milk dey cool am down sometimes, even for side of di court wen she no dey play she go dey breastfeed am. "Even wen I dey train, I get to feed my pikin becos God don create us to feed our children wit our body. 'I bin dey play football wit boys' Sarah Ogoke-Taylor start her basketball career as footballer, she bin dey play wit boys for her street for village. From dia she begin join her friends wey be boys to play basketball. Her passion, talent and skill for di sport bring scholarship for her to study abroad. From dia she begin play basketball for her university, sotay dem honour her. She tell BBC News Pidgin how she take become part of di national women's basketball team for Nigeria. "My teammate wey dey play for di boys team bin ask me one day if I be Nigerian, I say yes, im ask for my details I give am, but I bin no take am serious, becos since I dey visit Nigeria I neva hear say dem get any women basketball team or structure. Di Pittsburg University graduate say, na afta one year one random number call her for 2011 and dem kon invite her to come play for Nigeria and since dat time she dey proud to play for her country. "Mfon Udoka wey dey part of di team wey win Nigeria first and second African championship for 2003 and 2005 bin call me to come training for dia camp for Florida, USA." She say she bin. still dey college dat time and end up as di only college player for di team, since den, she dey happy to play basketball wit her sisters [D'Tigress]. Sarah wey bin major in Biology before she become medical doctor dey happy well-well say she don get her own house for Nigeria wey her family fit call dia own sake of President Bola Tinubu wey dash di team flats and money About di Basketball league for Nigeria, she say all sports for di country need beta investments to grow and develop talents. "Di country don produce many beta basketball players especially from di local women league wey get one consistent sponsor for many years and if odas join hand and even di govment put hand for sports, many youth wey get talent go dey discovered," she conclude.
Russia Today
5 days ago
- Business
- Russia Today
Major cocoa producer hikes purchase prices
Ghana is raising the official price paid to cocoa farmers by 62.6%, effective immediately, Finance Minister Cassiel Ato Forson announced on Monday on X. Forson said the decision delivers on a key campaign pledge made by President John Dramani Mahama and is intended to improve the livelihoods of cocoa farmers across the country. 'The government is pleased to announce an increase in the producer price of cocoa from US$3,100 per ton to US$5,040 per ton,' Forson stated. The new pricing framework also aims to ensure that growers receive 70% of the Free-On-Board (FOB) price – the benchmark value of cocoa at the point of export. The Ghanaian government has framed the change as part of a broader effort to guarantee that cocoa producers benefit more directly from international market conditions. Ghana is the world's second-largest cocoa producer after neighboring Cote d'Ivoire. Together, the two West African countries are responsible for around 60% of global cocoa output, making them central to the multi-billion-dollar chocolate industry. In Cote d'Ivoire, farmers receive $2,073 to $3,900 per ton of cocoa beans, according to various estimates. Speaking in July, Mahama reaffirmed his administration's commitment to ensuring that cocoa farmers receive a fair share of the world market price. He stated that the government would stand by its pledge to allocate 70% of export value to producers. 'The sweat of our cocoa farmers deserves dignity and a fair reward,' Mahama said. In May, the Finance Ministry announced that the government intends to secure 200,000 hectares of land for cocoa cultivation as part of its strategy to enhance production. 'Cocoa has always been the mainstay of our economy, and that must not change,' Forson said. According to the latest Auditor General's report on the Bank of Ghana's foreign exchange receipts and payments in 2024, Ghana exported 261,248 metric tons of cocoa beans, representing a nearly 50% drop compared to 2023 export volumes. Despite the decline in quantity, earnings from cocoa exports increased significantly due to a global price surge.
News.com.au
7 days ago
- Business
- News.com.au
Who made gains in July? Here are the top ASX resources winners
Top commodities for July include gold and manganese Santa Fe Minerals takes top spot for the biggest monthly stock gain Falcon Metals and Black Canyon Resources also make the podium Gold, copper and rare earths stocks stole the resources spotlight in June with the biggest individual gainer being Santa Fe Minerals (ASX:SFM), up a whopping 739%. This is thanks to the precious metal player announcing it acquired the Eburnea gold project in Cote d'Ivoire from Turaco Gold (ASX:TCG) last month. TCG is now a $520 million explorer thanks to its bet on the land of Didier Drogba and Yaya Toure (Kolo as well), which has emerged as the premier jurisdiction for new entrants into West Africa after military coups in Mali and Burkina Faso. SFM will be itching to follow in the footsteps of Eburnea's vendor Turaco, having plenty of work on its hands at the 3.55Moz Afema gold project. Historic drilling includes 26m at 4.82g/t and 30m at 1.92g/t at different points along a 2km mineralised zone in the Satama permit. SFM, which is raising $1.2m at 5c per share, is also picking up a 65% share in the Bouake North application, 35km from Endeavour Mining's 3Moz Lafigue gold mine. Stay tuned to see if the company could follow a similar trajectory to Many Peaks Minerals (ASX:MPK), which has had similar success at Ferke project. Not to mention, gold is still sitting pretty high at US$3348.90 at the time of writing - giving explorers a nice confidence boost. Plus gold prices are tipped to go even higher by Canadian global asset manager Fidelity who believe the precious metal could be testing the US$4000/oz mark by the end of this year. This scenario could play out if the Federal Reserve begins to cut rates and the US dollar continues to decline. For ASX gold players, though, what's important is that gold soared in the first four months of this year and has remained elevated within a relatively narrow band since then, a point that has proven beneficial to the bottom lines of the producers while giving certainty to the explorers. Gold in second, manganese in third Precious metals explorer Falcon Metals (ASX:FAL) was up a respectable 216% for the month, after making a high-grade gold discovery late last week from the Blue Moon prospect on the outskirts of the Bendigo gold zone. The Bendigo region has delivered 22Moz of gold since the gold rush, including 5.2Moz at 15g/t from the Garden Gully Anticline. Mark Bennett chaired Falcon thinks Blue Moon is sitting to the north of that trend on the Eastern Limb of the anticline, with visual gold and a deep hit of 1m at 543g/t from 544.2m. And finally, Black Canyon (ASX:BCA) saw a 169% jump last month after a high-grade manganese discovery at the Wandanya project piquing the interest of fund managers like Lowell Resources Fund (ASX:LRT) chief investment officer John Forwood. Forwood says Wandanya has some similarities to Woodie Woodie, which sits just 80km to the north. But it has some key differences. One of those is the high strip ratio the vintage Woodie Woodie mine now operates at. 'Whereas Wandanya in the grade could be similar, the strip ratio is almost definitely going to be very low. It could be less than five to one, so mining costs should be pretty attractive,' he told Stockhead. Grades from drilling at Wandanya have clocked in at between 29-31% Mn, well above those seen in the Balfour field. There's also a high grade hematite iron ore zone sitting above the manganese horizon, with Hole WDRC057 from the most recent RC drill program there striking an intersection of 12m at 60.1% Fe from 5m including 7m at 64.2% Fe from 7m. BCA said the results supported the logging of high-grade iron mineralisation over hundreds of metres of strike, remaining open to the north. 'It could have some pretty attractive economics, particularly as it looks like there is a high-grade iron ore zone which might fall partly within the same pit as the high-grade manganese zone,' Forwood said. 'Your waste-stripping ratio comes right down if some of that non-manganese material is actually high-grade iron ore and you might end up with an extremely low operating cost after byproduct credits.' Most popular commodities in July: Here are the top 50 ASX resources stocks for the month of July Code Company Price % Month Market Cap SFM Santa Fe Minerals 0.26 739% $18,932,885 FAL Falcon Metals 0.49 216% $87,003,080 BCA Black Canyon Limited 0.3225 169% $42,883,795 ASN Anson Resources Ltd 0.12 161% $166,408,385 ALR Altair Minerals 0.005 150% $21,483,721 PLG Pearl Gull Iron 0.015 150% $3,068,127 DY6 DY6 Metals 0.26 136% $23,759,499 VMM Viridis Mining 1.11 136% $95,704,572 PEC Perpetual Resources 0.027 125% $23,577,162 CMG Critical Mineral Group 0.18 125% $16,297,985 CUF Cufe Ltd 0.011 120% $14,812,324 G50 G50 Corp Ltd 0.29 115% $46,573,321 I88 Infini Resources Ltd 0.17 105% $8,902,903 AS2 Askari Metalsl 0.011 100% $4,445,878 QXR Qx Resources Limited 0.004 100% $5,241,315 AOA Ausmon Resorces 0.002 100% $2,622,427 CR9 Corellares 0.004 100% $4,029,079 PUA Peak Minerals Ltd 0.063 97% $183,161,241 EVG Evion Group NL 0.033 94% $14,352,359 AUG Augustus Minerals 0.042 91% $7,137,750 BHM Broken Hill Mines 0.4 90% $43,037,158 BDG Black Dragon Gold 0.086 87% $27,345,081 LAT Latitude 66 Limited 0.043 87% $6,166,230 RRR Revolver Resources 0.057 84% $15,747,633 PGD Peregrine Gold 0.275 83% $23,333,129 PFE Pantera Lithium 0.02 82% $9,475,674 FRS Forrestania Resources 0.145 81% $45,098,252 AR3 Austrare 0.092 77% $19,538,420 LRD Lord Resources 0.03 76% $4,650,061 FRB Firebird Metals 0.13 73% $18,506,982 LSR Lodestar Minerals 0.019 73% $7,554,219 BMM Bayan Mining and Minerals 0.06 71% $6,552,324 SVY Stavely Minerals Ltd 0.017 70% $9,248,716 GBE Globe Metals &Mining 0.044 69% $30,564,732 KCC Kincora Copper 0.067 68% $15,756,731 ALB Albion Resources 0.092 67% $12,137,867 PXX Polarx Limited 0.01 67% $23,755,010 CRR Critical Resources 0.005 67% $13,850,427 CZN Corazon Ltd 0.0025 67% $2,961,431 ODY Odyssey Gold Ltd 0.03 67% $33,125,801 IXR Ionic Rare Earths 0.02 67% $112,707,150 LLM Loyal Metals Ltd 0.215 65% $22,227,359 MEG Megado Minerals Ltd 0.038 65% $24,535,964 JAL Jameson Resources 0.084 65% $59,564,847 AM7 Arcadia Minerals 0.028 65% $3,286,736 AGY Argosy Minerals Ltd 0.028 65% $43,005,786 LMG Latrobe Magnesium 0.014 65% $36,844,806 BPM BPM Minerals 0.041 64% $3,579,313 PVW PVW Res Ltd 0.018 64% $3,580,286 SRL Sunrise 1.31 63% $153,199,733 Small cap standouts Anson Resources (ASX:ASN) Last month the company shipped two tonnes of lithium-rich Green River brine to POSCO in South Korea as part of due diligence for a planned demonstration plant. The brine, which is iron-free and processed using a non-chemical method, will be tested for lithium extraction efficiency to help shape initial engineering and cost estimates. Results will be used by POSCO to prepare initial engineering design and cost estimates for the planned demonstration plant to be built at the Green River project in the US. This testwork is a part of the due diligence process POSCO is undertaking to determine an investment into a demonstration plant at Green River which is expected to be completed by December 2025 as outlined in the non-binding MoU signed between the companies. This bulk sample includes iron-free brine produced by Anson's unique chemical-free process. The pretreatment process to reduce iron prior to being fed into the DLE processing was developed at Anson's Lithium Innovation Center in the USA. The planned demonstration plant is a scaled-up version of a pilot plant to validate a new industrial process at a larger, commercially relevant scale before full-scale construction. This demonstration plant will operate on a continuous process basis to closely resemble that of the anticipated future commercial plant as well as generating significant quantities of lithium carbonate product. The company has applied for three more exploration licences that would increase its landholding at the Central Rutile project in Cameroon to a massive 5901sqkm. Notably, the Biyan licence is next to the Nganda and Bounde permits where DY6 recently reported both visible HM mineralisation as well as large (2-4cm) rutile nuggets within residual regolith samples. The Nlong licence is immediately west of the Alamba and Nsimbo permits, which are seen as along trend from recently reported high-grade results from Peak Minerals' Afanloum licence. And the Ayene licence is to the southwest of the recently acquired Weaver group of licences. 'DY6 has been able to move quickly in securing additional ground in what we continue to see as an emerging globally significant rutile province,' CEO Cliff Fitzhenry said. 'The recently announced systematic soil sampling program will be expanded to include the new licence applications. 'We are keen to further expand our footprint at the Central Rutile project where we see the right ingredients for prospective residual natural rutile deposits, being correct underlying geology, a deep in-situ weathering profile and strategically located.' Viridis Mining and Minerals (ASX:VMM) Last month VMM signed a landmark binding Memorandum of Understanding (MOU) with two of Brazil's foremost asset management firms, ORE Investments and Régia Capital, securing up to US$30 million (A$46m) in non-brokered private share placement funding for the rapid development of its flagship Colossus rare earth project in Brazil. The partnership establishes a flexible, milestone-based funding structure to support the company through Final Investment Decision and into the initial phase of project execution. MD Rafael Moreno said the MOU significantly de-risked the pathway to production, 'while designed to provide funding flexibility to accelerate progress'. 'Importantly, the structure allows Viridis to retain full optionality around additional funding sources,' he said. 'The involvement of ORE and Régia brings more than just capital. Both firms are deeply embedded within the Brazilian investment and mining landscape and bring significant strategic value in navigating regulatory frameworks, managing local stakeholder engagement, and unlocking logistical and operational synergies. 'Their endorsement validates the technical and economic fundamentals of the Colossus project, and their local insight and financial networks will be instrumental in accelerating the permitting, project financing, infrastructure buildout, and development stages of the project.'
Yahoo
01-08-2025
- Business
- Yahoo
Endeavour Mining PLC (EDVMF) Q2 2025 Earnings Call Highlights: Strong Gold Production and ...
Release Date: July 31, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Endeavour Mining PLC (EDVMF) reported a strong first half of 2025 with a production of 647,000 ounces of gold, a 16% improvement year-on-year. The company generated $514 million in free cash flow in H1, translating to $794 per ounce of gold produced. Endeavour Mining PLC (EDVMF) announced a record first half dividend of $150 million, supplemented by $69 million in share buybacks, totaling $219 million in shareholder returns. The company maintained a low all-in sustaining cost of $1,281 per ounce, despite higher royalty costs due to increased gold prices. Endeavour Mining PLC (EDVMF) successfully refinanced its $500 million senior notes, extending the maturity profile and maintaining a low cost of capital. Negative Points The company's Q2 production was slightly lower than Q1 due to lower grades being processed, impacting costs and profitability. Higher royalty and power costs increased the all-in sustaining costs in Q2, affecting the overall cost structure. Endeavour Mining PLC (EDVMF) faced challenges with VAT receivables, particularly in Burkina Faso, impacting cash flow management. The company anticipates slightly lower production in the second half of the year due to seasonal factors and planned lower grades. Endeavour Mining PLC (EDVMF) is dealing with potential increases in royalty rates in Cote d'Ivoire, which could impact future profitability. Q & A Highlights Warning! GuruFocus has detected 6 Warning Sign with EDVMF. Q: How do you see the production profile evolving for Sabudala Masawa into 2026 and 2027? Has anything changed in the last three months? A: (Unidentified_5) We've seen improvements in recovery rates and expect production to improve in 2026 compared to 2025. We are aiming for a run rate of 350,000 ounces per annum, with underground production expected to come online around 2028. Q: Regarding the Sabudala Masawa technical review, is this going to be a new technical report or just an internal review? A: (Unidentified_3) It's not a completely new report but a fine-tuning of the existing one. We're focusing on improving plant performance and finding more high-quality CIL plant feed. Once we have firmed up details, we will provide a comprehensive update. Q: How is the exploration team balancing near-mine exploration with looking for the next big discovery like Asafo? A: (Unidentified_3) We are balancing efforts between greenfield and brownfield exploration. While focusing on resource-to-reserve conversion, we are also increasing efforts in greenfield exploration, as we have highly prospective ground across our projects. Q: How aggressive will you be with share buybacks in the second half of the year? A: (Unidentified_3) We will continue buybacks when prices are advantageous, but the extent will depend on competing uses for capital. We aim to maintain a balanced approach in our capital allocation strategy. Q: Should we expect the $150 million dividend to be the base level going forward? A: (Unidentified_4) We are committed to our minimum dividend policy but will consider supplemental returns if the gold price remains strong and our balance sheet stays healthy. Q: Will there be any hedging in 2026? A: (Unidentified_3) We do not plan to implement any hedging programs for 2026. Anyone proposing such a program would need to submit their resignation along with it. Q: How is the strength of the CFA affecting your operating costs? A: (Unidentified_4) A stronger CFA does put pressure on our operating costs, as about 70% of our OpEx is in local currency. However, the impact is more visible in balance sheet translations rather than immediate cash flow. Q: What are your plans for capital allocation between organic and inorganic growth? A: (Unidentified_3) We prioritize shareholder returns and organic growth opportunities, given our strong pipeline. However, we remain open to inorganic opportunities that meet our strict return criteria. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
20-06-2025
- Business
- Zawya
Marriott to add 50 properties, 9,000 rooms in Africa by 2027
Marriott International has announced plans to expand its operations in Africa with the anticipated addition of over 50 properties and more than 9,000 rooms by the end of 2027. The company's growth strategy includes the expected entry into five markets - Cape Verde, Cote d'Ivoire, The Democratic Republic of Congo, Madagascar and Mauritania. The planned expansion aims to further strengthen the company's footprint across the continent where its current operating portfolio encompasses nearly 150 properties and 26,000 rooms across 20 countries and 22 brands. 'We are witnessing a transformation of Africa's tourism sector driven by visionary government agendas, substantial infrastructure development, enhanced regional and international connectivity and diversified travel experiences, all of which are laying the foundation for a thriving hospitality sector,' said Jerome Briet, Chief Development Officer, Europe, Middle East & Africa, Marriott International. 'With our renowned portfolio of brands, world-class distribution platform and award-winning travel programme, Marriott Bonvoy, we continue to drive robust expansion opportunities with owners and franchisees across Africa and remain committed to supporting the growth of its tourism sector.' Marriott's planned expansion aims to enhance the strategic development of the company's luxury, premium and select-service portfolio across key and emerging destinations in Africa. The company's growth across the continent is expected to be largely driven by its select-service brands, including Protea Hotels by Marriott and Four Points by Sheraton, and a strong consumer demand for distinctive, high-quality hospitality experiences. Tanzania, Egypt, Morocco, Kenya and Nigeria are the highest growth markets for the company in the continent, making up more than half of the projects slated to open in the next two years. Conversions and adaptive reuse opportunities are also anticipated to continue to drive meaningful growth for the company, representing more than 30 percent of the anticipated African additions by the end of 2027. The company is also seeing an increased appetite for branded residential projects across the continent. Karim Cheltout, Senior Vice President – Development, Middle East & Africa, Marriott International, added, 'Africa is home to emerging marketplaces that offer significant growth opportunities across major gateway cities, commercial centres, safari circuits and resort destinations. Through our diverse range of extraordinary brands, we are in a position to work with developers to offer high quality accommodations along with distinct and innovative travel experiences that resonate with today's rapidly evolving consumer." NORTH AND EAST AFRICA FUEL EXPANSION PLANS FOR THE CONTINENT Marriott is witnessing strong growth momentum in the North and East Africa regions, which together account for more than 60 percent of the company's planned additions in Africa by the end of 2027. Egypt and Morocco are expected to lead the expansion for Marriott in North Africa. Plans in Egypt include the anticipated debut of Aloft Hotels in the continent, with the opening of Aloft Ghazala Bay situated in the North Coast of the country expected in 2027. More than 50 percent of the company's expected additions in Egypt by the end of 2027 are conversion or adaptive reuse projects. Expansion highlights for Morocco include the anticipated market debut of AC Hotels by Marriott with a scheduled opening in Casablanca in 2027. In East Africa, the company continues to see growth momentum with safari lodges and camps spurred by a growing appeal for adventure and outdoor travel. Following the successful opening of JW Marriott Masai Mara Lodge in 2023, the company is slated to open six safari properties across the region by the end of 2027, including The Ritz-Carlton, Masai Mara Safari Camp (Kenya), and Mapito Safari Camp, Serengeti, Autograph Collection (Tanzania) - both of which are scheduled to open this year. Marriott's portfolio in Tanzania is anticipated to more than double by the end of 2027 while in Kenya the company plans to open five properties including the debut of Courtyard by Marriott with two expected openings in Nairobi in 2027. Growth plans in Uganda include the country's first Marriott Hotel and Marriott Executive Apartments with scheduled openings in Kampala by the end of this year. DEMAND FOR PREMIUM AND SELECT ACCOMMODATION REMAINS STRONG IN WEST AFRICA By the end of 2027, the company expects to add six properties in Nigeria, its largest growth market in the West Africa region. Plans include the introduction of Courtyard by Marriott in the country with anticipated openings in Abuja within the next two years, and the continued expansion of Protea Hotels by Marriott and Marriott Hotels. Marriott is also slated to enter three new markets in West Africa in the next two years. Four Points by Sheraton Sao Vicente Resort is anticipated to open this year, marking the company's debut in Cape Verde. Marriott is also expected to enter Côte d'Ivoire in 2027, with an Autograph Collection Hotel located in Assinie-Mafia, and Mauritania with a Sheraton Hotel situated in Nouakchott, which is expected to open later this year. GROWTH ACROSS SOUTHERN AND CENTRAL AFRICA REMAINS STEADY The company's largest market in Africa, South Africa, is expected to see an expansion of the Autograph Collection Hotels brand portfolio with the opening of Morea House in Cape Town this year, followed by the anticipated addition of a property within Kruger National Park in 2026. Marriott also plans to enter The Democratic Republic of Congo by the end of this year with a Protea Hotel by Marriott and Four Points by Sheraton in Kinshasa. The company is also expected to make its debut in Madagascar with the opening of a Delta Hotels by Marriott this year and a Protea Hotel by Marriott anticipated in 2026 in Antananarivo. The company's planned expansion also includes the anticipated debut of Le Méridien in Cameroon in 2027.
