Nepali multinational conglomerate CG Corp Global soon hopes to welcome you to Addis Ababa and other African destinations. Headquartered in Kathmandu, CG Corp boasts ownership of more than 160 companies in 35 countries worldwide, and is planning to invest in hotels across Africa. This plan is part of a recent uptick in global interest in Africa’s hospitality sector.

Trevor Ward, managing director of Nigerian consultancy W Hospitality Group, told OZY by email that new investment in hotels across the continent will trigger considerable job creation, providing employment opportunities for skilled and unskilled workers. Ward also noted that most African countries are “under-hotelled,” with existing accommodations deteriorating amid “massive” opportunities for renovation and new construction.

Angola’s incumbent President João Lourenço, of the long-ruling People’s Movement for the Liberation of Angola, will face off in today’s presidential election against Adalberto Costa Júnior, leader of the National Union for the Total Independence of Angola (UNITA). Júnior is widely popular among young people and has recently gained followers among older generations as well, despite UNITA’s former alliance with South Africa’s apartheid regime. Yet many think the outcome of today’s election has already been decided. “The ruling party is expected to rig its way to victory,” says The Economist.

Amazon is competing with CVS Health Corp. in an auction for the healthcare firm Signify Health, which provides technology and analytics for in-home healthcare. Amazon’s bid is its latest foray into the health sector, following last month’s announcement that it had agreed to buy 1Life Healthcare, Inc. in a deal worth $3.9 billion — pocket change for Amazon, the sixth-largest company on earth according to Forbes, whose market capitalization, or the total value of its shares, exceeds $1.4 trillion. 1Life Healthcare, also known as One Medical, is a primary care service that is membership-based, providing both online and in-person services. (Sources: The Wall Street Journal, Reuters)

America’s largest electric vehicle manufacturer will hike the price of its full self-driving system by $3,000 starting Sept. 5, a move that will boost Tesla’s revenue with an assist from the Inflation Reduction Act, which offers tax credits and incentives for electric vehicles. The announcement of the increase was made on Sunday by Tesla CEO Elon Musk in a post on Twitter. Meanwhile, the self-driving system is facing probes from federal regulators over possible defects. (Source: Bloomberg)

By 2024, Rio de Janeiro will be home to an urban garden the size of about 15 soccer fields. The city is working with local communities to build the urban garden as part of the initiative “Hortas Cariocas,” which aims to increase food security in Rio de Janeiro. Once completed, Hortas Cariocas is expected to feed 100,000 families on a monthly basis. “The result of our production is to see how many plates of food we [are] able to serve,” said Julio Cesar Barros, the director of Rio de Janeiro’s city council environmental agency and founder of Hortas Cariocas. Since the initiative began in 2006, 56 community gardens have been created, benefiting a combined 50,000 families. In addition to food production and improved urban landscapes, urban gardening benefits communities by creating jobs in food production, packaging, distribution and sales. (Source: Bloomberg)