Kolwezi Congo Intercontinental Hotel
The InterContinental Hotels Group (IHG) has signed a framework agreement with Aleph Hospitality to develop 10 franchise hotels in Kolo, the capital of the Democratic Republic of Congo (DRC), in the Kola region. The new buildings will be operated by Ale phs hospitality and Accor, which were announced at the Africa Hotel Investment Forum (AHIF), which took place in Ethiopia the week of 23-25 September.
The 55-room hotel, which is due to open in April next year, is the first of its kind in the Democratic Republic of Congo's Lualaba province. Kinshasa is the capital of the Democratic Republic of Congo and the second largest city in the province of Kola after Kolo. It will be located on the eastern edge of a former military base with a total area of 1.5 million square meters.
It is strategically located near the capital of the province of Lualaba in the Democratic Republic of Congo, the second largest city of the province of Kola after Kolo.
Perhaps the most significant part of the deal is the way IHG, the world's largest hotel chain with more than 1,500 hotels, is being rolled out in one of Africa's largest countries. The MDA will expand its presence in the country, in particular in Kola and Kolo, as well as in Lualaba and other parts of Lula.
For decades, Congo has been plagued by a picture of war and poverty; corruption, mismanagement, and conflict have left the Franco-French country impoverished despite its wealth of natural resources. Growth has stalled in a country that once thrived, and indeed the Democratic Republic of Congo is one of the poorest countries in the world, with a poverty rate of more than 60%.
At least $8 billion has been invested in Congolese mining assets in recent years, with mining group China Molybdenum buying Freeport McMoRan's Tenke copper and cobalt mine for $2.65 billion in 2016. Chinese companies already own a significant share of the country's copper, a metal that is a key component of renewable energy and energy - efficient vehicles. Friedland needed more than $1 billion to build Kamoa Kakula, so he turned to the world's best mining-related company to generate the money he needed to build it.
China has long sought to operate in Congo and has a large mining company that competes with BHP, Anglo American and Rio Tinto, which it views as controlling the world's best deposits, according to Bernstein's Gait. To keep Western mining companies afloat, Friedland had to turn almost exclusively to China to finance the construction of Kamoa Kakula, the country's largest copper and cobalt mine and its second-largest nickel mine.
Kolwezi is and was an important mining centre for copper and cobalt in the copper belt, which stretches from the southeast of the Congo to Zambia and houses the second largest copper mine in the world, Kamoa Kakula, as well as the largest nickel mine in the country. Kolwezis is and was the most important mining center for copper and cobalt, with an annual total production of 1.5 million tons of copper in 2012, according to a report by the World Resources Institute.
Kolwezi and its mineral hub in the Democratic Republic of Congo will grow significantly over the next three decades, according to the World Resources Institute, the world's largest mining organization.
Kolwezi Intercontinental Hotel, the world's first intercontinental hotel in the Democratic Republic of Congo, is located on the outskirts of Kolwezi, about 30 km south of Kinshasa, the capital of the Congo. The main thoroughfare of the city is nearby and is just a few kilometers from the main train station and a short walk from the airport.
To get a better idea of what the new hotel is all about, it would be useful to find out more about where it is located. BON Hotels has hotels in all major districts, including Kinshasa and Lubumbashi, and Accor already operates a number of hotels and resorts in the capital and other parts of the country. The new Kolwezi Intercontinental Hotel, the world's first intercontinental hotel, is already operated by Accors and has a total capacity of 1,200 rooms and suites.
More than 3,942 keys are being sent to the region from across the country, including Kinshasa, Lubumbashi, Kigali, Mombasa, Goma, Tshwane and other parts of the capital. More than 2843 keys and pipelines to this region, from all over the nation and from countries such as Kibale, Bukavu, Bangui, Democratic Republic of Congo, Ndjamena, Zaire, Rwanda, Uganda, Zambia, Tanzania, South Sudan and the Democratic Republic of Congo.
In the 1960s, Congo became one of the world's largest producers, and production peaked in 1976, but industry fell into decline. When the Seko regime collapsed in the late 1990s, miners joined rebel leader Laurent - Desire Kabila, who came to power in 1997. The Democratic Republic of Congo is home to some of Africa's largest gold, silver, copper, platinum, gold and copper reserves and has an estimated $24 trillion in untapped mineral reserves.