plus

Hospitality Industry in Africa

1 min reading time

Published on 11/11/11 - Updated on 17/03/22

Hilton is to Open in Africa and IFC has made its 100th hotel investment in Africa with a $5.5 million financing package for Opulent Ltd.

The Hilton Group of Hotels will receive a $5.5 million loan from the International Finance Corporation to open a hotel in Bujumbura, Burundi.Earlier this year, Hilton Hotels also announced plans to open a 160-room 4-star hotel in Kigali after it completed the registration of its $30 million investment with the Rwandan Development Board (RDB).According to IFC, the contract was supposed to have been signed last week,Earlier this year, Hilton Hotels also announced plans to open a 160-room 4-star hotel in Kigali after it completed the registration of its $30 million investment with the Rwandan Development Board (RDB).

For further

Every week, the HON team brings you an expert look at the world of hospitality. By becoming a member, you will have access to a complete ecosystem: exclusive content, jobs, etc.

BECOME A MEMBER

Sign up to add topics in favorite. Sign up to add categories in favorite. Sign up to add content in favorite. Register for free to vote for the application.

Already signed up? Already signed up? Already signed up? Already registered?