Hotel developments to lead the way for growth in African tourism

A number of the world’s largest hotel chains are betting on Africa being their next big investment opportunity. Africa’s tourism sector is already on a momentous upwards slope and this is the obvious trend that has caught the attention of some of the world’s most renowned hotel names, such as, The Hilton, Fairmont and the Jumeirah group. Starwood, Marriot and the Four Seasons have also publically stated they intend on investing heavily across North, South and Central Africa in the five-years between now and 2021 that experts predict will be one of the largest periods of hotel growth in the continent’s history.
Foreign Direct Investment (FDI) in Africa is currently rising at an astronomical rate; last year, the global growth rate of FDI was 1%, whereas in Africa they experienced a 7% growth. Paul Frimpong, Investor Analyst at international business facilitation experts Naseba, said: “The enormous potential of the African continent cannot be emphasized enough. Africa is the fastest growing region for FDIs in the world. Aggregate household consumption will reach $1.4 trillion with collective GDP hitting $2.6 trillion in 2020 alone. These facts show that with the understanding of the growth momentum, combined with the right strategies, presents handsome rewards for current and prospective investors in the region.”

Not only does the hotel boom in Africa provide more opportunity for the tourism industry but it also presents an abundance of opportunity for the continents architects, interior designers, real estate developers, buyers and engineers working on not only hospitality, but retail, commercial and residential developments.

 

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Solar-Powered Water Wheel in Baltimore cleans 50,000 Pounds of Trash per Day

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source: http://www.nbcnews.com

If you go to Baltimore this summer,you might see a strange looking machine strolling slowly in the Harbor. This machine is called the Inner Harbor Water Wheel and its main task is to clean up the trash that gets thrown into the water.Powered by 30 solar panels and the water current, the wheel is able to remove approximately 50,000 pounds of trash per day. It’s estimated that the wheel will stay in use for at least 15 years and by 2020 the harbor will become clean enough to be used for recreational purposes.

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Baltimore solar powered wheel – source: healthyharborbaltimore.org

The wheel was invented by John Kellett and it works as follow: two orange booms help funnel debris towards the Wheel, where  trash is intercepted and pushed it onto a moving conveyer belt which empties out into a 16 yard dumpster, located on top of a floating dock. Once the dumpster is full, the dock is detached, hooked up to a boat, and then taken to a RESCO waste-to-energy plant, where the trash is incinerated and turned into electrical energy. The incredible machine has also a secondary use which is to put more oxygen into the water through the rotation of the waterwheel. It helps to attract more fish and improve habitat conditions and water quality. . As a project of the Healthy Harbor Living Laboratory, the Water Wheel also serves to educate people about storm-water management and the Inner Harbor.

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source: blog.savatree.com
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source: nbcnews.com

The important element about the wheel is the material used. In fact Galvanizing was chosen as a coating because of its sustainability and its reaction to a constant contact with water. Galvanized steel has a very high resistance to humidity but also doeasn’t require costly maintenance over the next 15 years.  Another factor was keeping down maintenance costs to a project that already cost over $800,000 to put together.

source: inhabitat.com, galvanizeit.org

Shanghai Metal Corporation understand the importance of a green environment and is a manufacturer of Galvanized steel and many other products used for sustainable projects all over the world. For more information, you can visit the company’s website or contact us for any inquiry.

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Houria // SMC Editor