Kasada targets first North Africa hotel deal


Kasada Capital aims to close a fund for investments in Morocco by the end of the year. — Bloomberg

ABU DHABI: Kasada Capital Management, a private equity firm backed by Qatar’s US$524bil sovereign wealth fund, expects to strike a hotel deal in Morocco in the first half of 2026, marking its entry into North Africa’s booming hospitality and tourism industry. 

The hospitality-focused firm, whose backers include the Qatar Investment Authority and French hotel group Accor SA, has set up an office in Casablanca to assess opportunities and aims to close a fund for investments in Morocco by the end of the year. 

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