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IFC Extends USD 80mln Loan to MIDROC for Sheraton Addis Expansion, Renovation | Collector
IFC Extends USD 80mln Loan to MIDROC for Sheraton Addis Expansion, Renovation
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IFC Extends USD 80mln Loan to MIDROC for Sheraton Addis Expansion, Renovation

The International Finance Corporation (IFC), the private-sector lending arm of the World Bank Group, has agreed to provide an USD 80 million long-term loan to MIDROC Investment Group to finance the renovation of the Sheraton Addis hotel and the construction of a new Sheraton-branded property in Ethiopia. The financing agreement was signed in Nairobi by […]

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