Latest News Hotel business

Hotel business

21/09/2022 at 16h04, by Africa Business+

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.

Hotel business

16/06/2022 at 15h07, by Africa Business+

Kasada Capital’s highly proactive Africa team 

The African hotel capitalist backed by AccorHotels and the Qatar sovereign wealth fund (Katara Hospitality)...

Hotel business

15/06/2022 at 16h15, by Africa Business+

Hilton to double Cameroonian portfolio in Douala

Two new establishments are planned respectively for 2024 and 2026 in the Cameroonian economic capital,...

Hospitality & Tourism

04/05/2022 at 17h03, by Africa Business+

Dakar, Douala, Abidjan: Kasada structures its team of managers

Kasada has taken over several establishments formerly under the Accor banner, and a new guard of managers...

Hotel business

22/04/2022 at 16h31, by Africa Business+

Yérim Sow’s Teyliom launches new €12 million Noom hotel project in Bouaké

Scheduled for the 2023 African Cup of Nations in Côte d’Ivoire, the project follows the country’s first...

Advisory

24/03/2022 at 18h23, by Africa Business+

Dentons and EY assist Kasada’s Olivier Granet and David Damiba on Cape Grace

Accompanied by major South African consultancies, the hotel investment firm has taken a decisive step...

Hotel business

03/03/2022 at 11h01, by Africa Business+

Ruggieri lands $61 million for ONOMO Hotels expansion

At the end of the difficult months of the pandemic, the hotel group is relaunching its investments, backed...

Hotel business

11/02/2022 at 17h03, by Africa Business+

Tourism: Accor to forge new alliance with Côte d’Ivoire authorities and Setao (Bouygues)

The Ministry of Technical Education, Vocational Training and Apprenticeship is working on a hotel project...

Hotel business

12/11/2021 at 21h24, by Africa Business+

Peter Saungweme appointed chief executive of African Sun

The current CEO of Mauritius-based Arden Capital Group, listed on the Johannesburg Stock Exchange, will...

Hotel business

09/11/2021 at 18h45, by Africa Business+

Hotels: Erwin Jager’s Barrows Hotels considers SPAC and expansion in Africa

The financial advisory firm announced it is considering the formation of a SPAC (Special Purpose Acquisition...

Hotel business

08/11/2021 at 15h35, by Africa Business+

Actis and Jamison Valley target Nairobi’s Radisson Blu

The private equity firm and its partner are already on the offensive and set their sights on three other...

Hotel business

23/09/2021 at 16h25, by Africa Business+

Fadil family at odds over management of Rabingha Hotel, Cameroon

The announcement of an agreement for the management of the Fadil family establishment, the Douala Rabingha,...

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