Inaugure Hospitality Group

West Africa,Africa Other consumer services

Our investment

In July 2018 CDC committed $32 million debt investment to Inaugure Hospitality

Expected impact

Building business hospitality with safe and secure areas creates an enabling environment to attract national and regional corporates who can utilise these areas to host employees and meetings. Economic development will also be supported through hotel spend, increasing revenue flows to local suppliers and contributing to local taxes. CDC's capital will also fund large-scale employment of over 1,000 new jobs through the hotels’ operations and many more in construction.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Africa, West Africa
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

:
Other consumer services
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Direct Debt
Amount

For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).

For funds, this is the total amount that CDC has committed to the fund.

:
$32.08m