Damiba and Granet negotiate $160 million with IFC for the Kasada Fund

Damiba and Granet negotiate $160 million with IFC for the Kasada Fund

A few weeks after the announcement of its acquisition of AccorInvest real estate company, the hotel fund is preparing for the next step with international institutions.

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            ▪ Damiba and Granet negotiate $160 million with IFC for the Kasada Fund

▪ A few weeks after the announcement of its acquisition of AccorInvest real estate company, the hotel fund is preparing for the next step with international institutions.

https://www.africabusinessplus.com/en/807108/damiba-and-granet-negotiate-160-million-with-ifc-for-the-kasada-fund/

Launched in 2018, Kasada Hospitality Fund LP has raised more than $500 million from its two co-shareholders, Accor and Qatar Investment Authority (QIA). This large foundation, the first of its kind, is dedicated to purchasing hotels in Africa.

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