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Nedbank CIB closes €19.4m sustainability-linked loan for Kasada’s hospitality project in Senegal – Property Wheel

Summary by propertywheel.co.za
Nedbank Corporate and Investment Banking (CIB) has successfully closed a €19.4 million sustainability-linked development and term loan for Kasada Capital Management, an independent real estate private equity platform focused on the hospitality sector in Africa. Kasada has secured sustainability-linked financing for the Mövenpick Resort Lamantin Saly in Senegal, an energy-efficient hotel. The facility, which marks Kasada’s first sustainable finan…
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propertywheel.co.za broke the news in on Tuesday, May 27, 2025.
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