New Partnership In The Hospitality Sector In Gabon
- Written by Telegraph Magazine
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About FGIS
The Fonds Gabonais d'Investissements Stratégiques (FGIS) is the exclusive trustee of the Fonds Souverain de la République Gabonaise (FSRG) and of the unallocated holdings in the portfolio of the Gabonese State. The Fund invests in the strategic sectors of the national economy, with the aim of creating shared prosperity for the people of Gabon and future generations. As the financial investment instrument of the Republic of Gabon, the Fund supports government action by investing in four strategic sectors: infrastructure financing, support for SMEs, regional development and support for social sectors. FGIS also acts as the exclusive agent responsible for marketing carbon credits belonging to the Gabonese Republic as part of the fight against climate change. www.fgis-gabon.com
About FMCT
Created in 2015, the Façade Maritime Champ Triomphal (FMCT) is the subsidiary of the Fonds Gabonais d'Investissements Stratégiques (FGIS) dedicated to the sustainable development of the Gabonese territory for the population and future generations. Aligned with the Sustainable Development Goals (SDGs), the company is responsible for the design and development of city infrastructure projects, facilities and real estate, notably on the Baie des Rois site. In 2023, Baie des Rois won two major awards, including Best Sustainable Infrastructure Project for its eco-responsible approach at the Africa Investments Forum & Awards (AIFA) and Best New Mega Development at the Marché International des Professionnels de l'Immobilier (MIPIM Awards). www.fmct-gabon.com
About LGR
Luxury Green Resorts (LGR) is a tourism operator whose mission is to revitalize the tourism industry in Gabon while promoting the country's natural heritage. LGR is committed to preserving this heritage through projects carried out in close collaboration with local authorities, technical operators, civil society and communities. www.luxurygreen-resorts.com
About KASADA
Kasada is an independent real estate private equity platform dedicated to hospitality in Africa, advised by Kasada Capital Management, part of the Kasada group. The firm was launched with the backing of Qatar Investment Authority, the sovereign wealth fund of State of Qatar, and Accor, a world leading hospitality group. Kasada's strategy spans all segments, from economy to luxury, and targets both greenfield and brownfield projects. Kasada's hotels are operated under the banner of Accor's wide range of internationally renowned brands. By investing in a region that offers robust growth opportunities, Kasada aims to deliver both attractive risk-adjusted returns to investors and a long positive impact on local economies. In April 2019, Kasada held a close of its maiden fund, Kasada Hospitality Fund L.P., with equity commitments of over US$ 500 million.
For more information:
visit www.kasada.com and follow us on LinkedIn.
