130bn/- Floton Africa projects to boost Zanzibar tourism capacity
ZANZIBAR: REAL estate developer Floton Africa has unveiled three Zanzibar Investment Promotion Authority (ZIPA)-approved property projects worth more than $50 million (about 130bn/-), a move expected to strengthen Zanzibar’s tourism infrastructure and enhance its position as a premium Indian Ocean destination.
The projects—Rivora Beach Club & Residences, Hola Paje and YOLO Residences—were showcased during the ZIPA Investment Summit 2026, where Floton Africa participated as a platinum sponsor and exhibitor.
Floton Africa Director Swapna Brahmaroutu said the company aims to expand its footprint in Zanzibar by investing in projects that align with the island’s growing tourism and hospitality market.
Ms Brahmaroutu noted that Zanzibar’s increasing attractiveness to international investors presents strong opportunities for developments that integrate tourism, lifestyle and real estate.
“The new developments are expected to directly support Zanzibar’s tourism growth by expanding accommodation capacity, improving beachfront leisure infrastructure and attracting high-spending visitors and long-term investors,” she argued.
She mentioned that Rivora Beach Club & Residences, a beachfront mixed-use development, is expected to combine hospitality, residential living and wellness facilities. The project is projected to enhance Zanzibar’s luxury tourism offering by providing integrated leisure experiences for international visitors.
Also, the Hola Paje, located in the fast-growing Paje tourism corridor, is expected to further transform the area into a key hub for beach tourism, water sports and remote working travelers.
The development is likely to increase hotel-style accommodation and support the area’s growing reputation as one of Zanzibar’s most vibrant tourist hotspots.
On the other hand, the YOLO Residences is designed to serve both long-term residents and investors, responding to rising demand for housing linked to the expansion of tourism services, hospitality businesses and expatriate communities in the Isles.
The investments come at a time when Zanzibar continues to record steady growth in tourist arrivals, with authorities intensifying efforts to position the Isles as a leading luxury and sustainable tourism destination in the region.
Such large-scale property developments are expected to have a multiplier effect on the tourism sector by increasing bed capacity, improving destination appeal and encouraging longer visitor stays.
They also anticipate indirect benefits including job creation in construction and hospitality, growth of local supply chains and increased demand for tourism-related services such as transport, excursions and entertainment.
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