ZANZIBAR, June 7 -- 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 Zanzibars 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 islands growing tourism and hospitality market.

Ms Brahmaroutu note...