Kasada bounces back from the pandemic and accelerates its development
The fund backed by Accor SA and the Qatari sovereign wealth fund raised $500 million in equity capital.
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▪ Kasada bounces back from the pandemic and accelerates its development
▪ The fund backed by Accor SA and the Qatari sovereign wealth fund raised $500 million in equity capital.
▪ https://www.africabusinessplus.com/en/813247/kasada-capital-invested-only-e25-million-in-2021/
When Kasada was founded in 2018 and launched its first fund in 2019, it announced that half a billion in equity would be invested over a “five to seven-year” horizon. However, the two-year health crisis caused by the COVID-19 pandemic changed the approach and timing of private equity funds in Africa.
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