Kasada Capital Management is an independent investment platform within the Kasada group, dedicated to hospitality in Sub-Saharan Africa. The firm was launched in 2018 with the backing of Qatar Investment Authority, the sovereign wealth fund of the State of Qatar, and Accor, a world leading augmented hospitality group.
Kasada Capital Management’s strategy spans all segments from economy to luxury and targets both greenfield and brownfield projects. The Kasada group’s hotels are operated under the banner of Accor’s wide range of internationally renowned brands. By investing in a region which offers robust growth opportunities, the Kasada group aims to deliver both attractive risk-adjusted returns to investors, and a long-term positive impact on local economies.
In April 2019, the Kasada group closed on its maiden fund, Kasada Hospitality Fund L.P. (registered in Mauritius), with equity commitments of over USD 500 million.
Africa will have 15 cities with population over 5 million in 2030, compared with 7 cities today.
Africa’s economy will be worth US$3.8 trillion in 2030, more than 60% bigger than today. 7 out 10 countries with the fastest economic growth (GDP) are based in Africa.
Africa could more than double the number of tourist arrivals to reach 134 million in 2030.
Source: UN Population Division, USDA Economic Research Service, UN World Tourism Organization.
Data refers to the African continent*