AFRICA

Qatar funds Accor's African hotels

The Sofitel Abidjan, in Ivory Coast, one of the hotels whose physical premises have been sold by AccorInvest to Kasada.
The Sofitel Abidjan, in Ivory Coast, one of the hotels whose physical premises have been sold by AccorInvest to Kasada. © Sofitel Abidjan/Facebook
After thrashing out the deal for more than two years, French hotel giant Accor has transferred its African hotels to the Franco-Qatari Kasada investment fund. Financial entities based in Luxembourg, Mauritian and Qatar are involved. [...] (324 words)
Issue dated 25/01/2021 Reading time 2 minutes
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