Quantum Global Group
Source: Quantum Global Group |

Quantum Global’s Hotel Fund Acquires Mövenpick Ambassador Hotel Accra

The transaction which closed on 28 December 2016 marks the most sizable open-market hotel transaction in Sub-Saharan Africa to date

QG Africa Hotel LP acquires 100% of exceptional Mövenpick Ambassador Hotel in Central Business District of Accra, Ghana Largest open-market hotel transaction in sub-Saharan Africa to date QG Africa Hotel LP, a Mauritius based investment fund managed by Quantum Global Investments Africa Management Ltd., today announced the acquisition of the…

Quantum Global Group
Source: Quantum Global Group |

QG Africa Hotel LP acquires InterContinental Hotel in Lusaka

Private equity fund capitalizes on emerging opportunities in hospitality in sub-Saharan Africa

QG Africa Hotel LP, a Mauritius-based fund managed by QG Investments Africa Management Ltd, a company of the Quantum Global group (www.QuantumGlobalGroup.com), has acquired 100% interest in the InterContinental Hotel Lusaka from Kingdom Hotel Investments for a gross consideration of USD 35.9 million. The transaction closed on 31 March 2016.…