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Western Africa

US Approves US$81 Million Loan For Senegal Hotels

Vacap Hospitality to develop Aloft and Sheraton Dakar hotels.


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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