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Video: An illustration of how KHI’s partnership with the IFC on the Mövenpick Accra has helped catalyze the Ghanaian capital’s economy

22nd May 2016

The development of the Mövenpick Ambassador Hotel in Accra, Ghana was made possible through an equity investment by Kingdom Hotel Investments and debt financing by the International Finance Corporation (IFC), a member of the World Bank Group.

Throughout it its development and since its opening, the hotel has provided hundreds of jobs to local Ghanaians, enabled skills transfer, and attracted business to the capital Accra. Today, the Mövenpick Ambassador Accra serves as a case study on the importance of foreign direct investment in growth economies and the role of development finance in enabling these investments.