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Western Africa

US Approves US$81 Million Loan For Senegal Hotels

Vacap Hospitality to develop Aloft and Sheraton Dakar hotels.

April 5, 2024

By Sneha Abraham
The US International Development Finance Corporation has announced the approval of a US$81 million loan for Senegal’s Vacap Hospitality for the construction and operation of two hotels in Dakar.The funding will support the development of the 150-room Aloft Dakar hotel and the 250-room Sheraton Dakar on the city’s Atlantic Ocean

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