According to the Bank’s website, the proposed investment is an up to US$3.75 million IFC A loan and an up to US$3.75 million IDA PSW Subordinated Loan to Dembesh Hotel South Sudan Ltd. Dembesh Hotel is an independent owner operating a 50-key business hotel in Juba, the capital city of South Sudan. The Loans will be used to finance part of the Hotel’s US$20.05 million project involving a 30-room extension and refurbishment of the existing rooms (the “Project”). The balance of the funding will be provided by the majority shareholder Mr. Ayesheshim Teka Zeleke (the “Sponsor”).
|Private Actor 1
|Private Actor 1 Role
|Private Actor 1 Sector
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|Private Actor 2 Role
|Private Actor 2 Sector
|Dembesh Hotel South Sudan Ltd
Dembesh Hotel (SS) Ltd.
Ayesheshim Teka Zeleke
+251 930099333 - Ethiopia
Dembesh Hotel, Hai Mission, Juba South Sudan
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