Africa Hotel Investment

$500m raised for new Hospitality Fund dedicated to Sub-Saharan Africa

Sub-Saharan hospitality investment platform Kasada Capital Management has reached a first close on its maiden fund Kasada Hospitality Fund LP with equity commitments of over USD 500 million. ... Full story

Nigeria's weak economy leads Sun International to the exit door

JOHANNESBURG – South Africa's Hotel and gaming group, Sun International Ltd [JSE:SUI] announced on Monday that it will packing its bags exiting Nigeria, amid a number of factors. ... Full story

Sub Saharan growth drives African hotel surge

Appetite for hotel development in Africa is increasing with many more businesses setting up offices or doing deals on the continent. ... Full story

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