Kasada to Build New Dual-Branded Hotel in Abidjan

SUMMARY – KASADA TO BUILD DUAL-BRANDED HOTEL IN ABIDJAN’S RETAIL-LED DEVELOPMENT, FOCUSING ON SUSTAINABILITY AND LOCAL COMMUNITY BENEFITS. GREEN BUILDING CERTIFICATION AND DIVERSE AMENITIES PLANNED FOR 2024 OPENING.

Kasada, a prominent developer, has announced its plans to construct a new dual-branded hotel in Abidjan as part of the largest retail-led mixed-use development in Côte D’Ivoire.

Scheduled to open in 2024, the forthcoming complex aims to obtain certification from EDGE, the World Bank’s renowned green building program. With a focus on sustainability, it will comprise more than 150 hotel rooms, a shopping center with over 60 stores, dining establishments, a mini entertainment park, offices, a co-working space, and a clinic.

Olivier Granet, the Managing Partner and CEO of Kasada, expressed his pride in introducing the first internationally branded hotels to the Angré district. He emphasized that the project would not only benefit their clients but also contribute to the local community. Granet further emphasized Kasada’s commitment to innovation through this groundbreaking initiative in a unique location.

Kasada has chosen to collaborate with an innovative investment company for this greenfield project in West Africa. HCCP, a shopping center in Abidjan’s largest municipality, has held the title of Côte d’Ivoire’s busiest shopping center since 2019.

Kasada’s Exemplary ESG Standards for Construction and Operations

Kasada is firmly dedicated to incorporating the highest Environmental, Social, and Governance (ESG) standards in all their projects. For the construction and operation of the greenfield hotels, the company will adhere to stringent international environmental and social regulations. This includes implementing measures to reduce water consumption and ensuring efficient energy and waste management.

David Damiba, the Managing Partner and CIO of Kasada, expressed enthusiasm for the new expansion in Abidjan. He highlighted the company’s significant investments in the city, emphasizing their confidence in the country’s robust macroeconomic outlook. The combo hotel will primarily cater to the economy and extended-stay segments, providing an attractive and affordable option within a densely populated area.

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