logo

Search

Select language

Afrinord Hotel Investments

Afrinord is an investment company investing in hotels in Africa.

Norfund established this organization in 2005 together with its Nordic sister organizations Swedfund, Finnfund and IFU, as well as the Rezidor Hotel Group which operates hotels all over the world under the brand name Radisson. The objective is to co-finance hotel projects in Sub-Saharan Africa with subordinated loans.

As of 2013, Afrinord had one active investment: The SAS Radisson hotel in Addis Ababa, Ethiopia.

Facts

  • Sector: Tourism
  • Investment year: 2005
  • Instrument: Equity and mezzanine
  • Committed amount (MNOK): 51,4