Cassada Capital Management, a private investment company supported by the Qatar Investment Authority, which is valued at $ 524 billion, expected a hotel deal in Morocco in the first half of 2026, which represents its entry into the hospitality and prosperous tourism industry in North Africa. The Bloomberg International Foundation revealed that Cassada’s ambitions in Morocco are in line with its plans to expand its wallets in the economic and luxurious hotels sectors in the main cities in sub -Saharan Africa with the budget for revenue gained from renting rooms with those that reap food, beverages, joint work and events.
“The continent is vast, but the levels of spread are still relatively low,” said David Damiba, administrative partner and co -chief executive of Cassada. We believe that there is an area to increase the size of what we have already built by two or three times more easily in these markets, focusing on taking advantage of the size of our business in the main cities. ”
Evaluation and study of investment opportunities
Cassada, which specializes in hospitality, established, which includes supportive bodies, the Qatar Investment Authority and the French Hotel Group, Akur, an office in Casablanca to evaluate and study investment opportunities.
The Kingdom of Morocco welcomed 17.4 million tourists last year, bypassing Egypt as the most visited African country. Football fans are expected to attract from all over the world when they host the African Nations Cup in 2025-2026, and the FIFA World Cup will host in partnership with Spain and Portugal in 2030.
“North Africa is a priority for us,” Olivier Grania, the administrative partner and co -chief of Casada, said in an interview with Bloomberg. Today, Morocco is the first tourist destination on the African continent, and in order to be the leading platform, we must become a comprehensive African tourist destination. ”
Cassada focuses on sub -Saharan Africa since its first funds were closed by about $ 500 million in 2019. Its portfolio of 19 hotels in seven countries in the region includes the famous Cape Grace Hotel in South Africa, in addition to high -end real estate bearing the Bullman Commercial brand in the major cities in Kenya, Ivory Coast and Senegal.
Africa is a prosperous market for travel, driven by strong economic growth, the expansion of the middle class, the increasing purchasing power of consumers, and the growing air link. The tourist region was the best performance in the world by 2024 after the Middle East, as the number of foreign expatriates increased by 7% from pre -pandemic levels, according to the United Nations Tourism Agency.
New investments
The Bloomberg Global Economic Corporation issued a report last year in which it confirmed the expansion of the Qatar Investment Authority in new investments during the coming period, the most important of which is investing in projects for future generations in Qatar, foremost of which are clean energy sectors, renewable energy solutions, health care systems technology, and agricultural technology technologies, in addition to investing in financial technology and new payment solutions.
She added that the Qatari sovereign fund is currently ranked tenth among the largest wealth funds in the world, according to the Institute of sovereign wealth funds. And it was established in 2005 to invest in the surplus of Qatar’s liquefied natural gas revenues after Qatar was equal to the United States as the largest exporter of liquefied gas in the world.
The report revealed the plans of the Qatar Authority to expand the investment portfolio in the United States, Europe and Asia.
Health technology
Bloomberg explains that in the field of health technology, the Qatar Investment Authority has invested in Insoma Genetic Medicines. BioxCel, which uses artificial intelligence to develop medicines and treatments in neuroscience and immunosuppressive; At Jenavalve, the developer of the cardiac valve system that reduces the time of surgery.
In recent years, the Qatari wealth fund has followed a diversified investment approach that boasts of some large -scale investments in rapidly developed technologies, prompting the borders in a group of sectors.
The continuous geographical diversification means that the Qatar Investment Authority is looking to spread a greater share of investments in the United States and various parts of Asia and in 2021, the Qatar Investment Authority has led a $ 175 million financing round for Unicorn Rebel Foods, an emerging company for cloud kitchen meals based in India, and is now the largest online restaurant chain in the world. In the same year, the Qatar Investment Authority opened a consulting office in Singapore, which increased its access to some of the largest companies and investors in Asia.
A strong commitment to Europe
The Bloomberg report adds .. The Qatar Investment Authority’s commitment to Europe remains strong and continues to support companies such as Checkout.com, an online payment platform that is one of the leading technology companies in Europe.
In 2022, the Qatar Investment Authority was part of a $ 1 billion financing tour of the Giant Technology Company, which treats hundreds of billions of dollars in some of the world’s largest traders, such as Netflix, Sony and Siemens.
In 2021, the Qatar Investment Authority invested 85 million pounds at Rolls-Royce SMR, the engineering company’s nuclear power arm, to support the development of new low-carbon nuclear energy. Where a small standard reactor (SMR), with a volume of about ten traditional nuclear power generation site, can provide nearly one million houses with energy.
Upon the full operation of the Rolls Royce SMR program, it can create 40,000 regional jobs in the United Kingdom by 2050 and generate 52 billion pounds of economic benefits.
Supporting the “green growth” strategy
In October 2022, the Qatar Investment Authority announced an investment of 2.4 billion euros to support the accelerating “green growth” strategy. This investment was implemented for the acquisition of the US Edison Clean Clean Businesses, which is the second largest owner and operator of solar energy in North America.
In July 2020, the Qatar Investment Authority in Xpeng, the Chinese manufacturer of electric cars, invested with global growth aspirations to revolutionize electric cars by increasing production and reaching reasonable prices for electric cars.
The Qatar Investment Authority in 2021 participated in a $ 200 million financing tour of Infarm, an agricultural company based in Germany dedicated to internal agriculture.
The Qatar Investment Authority led a 2 250 million euros -euro financing tour for Innovafeed, a leading protein production company for animal and plant feeding.