Kasada Hospitality Fund secures US$270m equity investments from World Bank’s MIGA

KENYA – MIGA, a member of the World Bank Group, has issued a Master Contract to Kasada Hospitality Fund that will provide guarantees up to US$270 million of the fund’s equity investments aiming to lead the redevelopment and construction of hotels in Sub-Saharan African countries. The guarantees will provide coverage against the risks of Transfer Restriction, Expropriation, and War and…

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