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Hotel Independance

Sector: Waste Processing and Treatment • Location: Burkina Faso

Source: International Finance Corporation (IFC)

Project
Completed

The project consists of renovating and expanding Hotel Independance (HI) into a three-star international business hotel with 180 rooms, located in Ouagadougou, Burkina Faso (BF). In an effort to revamp the hotel, the Government of Burkina Faso (GoB) has leased the property for fifteen years through an open bidding process to Société Malienne de Promotion Hôtelière (SMPH), an existing IFC client.

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The project “Hotel Independance” is an infrastructure initiative in the Waste Processing and Treatment sector, located in Burkina Faso. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

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completed

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Description

Description

The project consists of renovating and expanding Hotel Independance (HI) into a three-star international business hotel with 180 rooms, located in Ouagadougou, Burkina Faso (BF). In an effort to revamp the hotel, the Government of Burkina Faso (GoB) has leased the property for fifteen years through an open bidding process to Société Malienne de Promotion Hôtelière (SMPH), an existing IFC client. SMPH created “Société Burkinabè de Promotion Hôtelière" (SBPH) for the purpose of acquiring and operating HI. SMPH sees strong potential in HI because of its size and strategic location, close to the heart of Ouagadougou’s business and administrative district. By modernizing, HI would help raise the standard of the hospitality industry in BF. SMPH seeks IFC’s involvement in the project to obtain long-term financing and support for its first investment and expansion outside of Mali.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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