PROJECT

Projects

Environmental & Social Review Summary

Project Number

42084

Company Name

3B GROUP OF HOTELS

Date ESRS Disclosed

Apr 25, 2019

Country

Rwanda

Region

Africa

Last Updated Date

Jul 16, 2022

Environmental Category

B - Limited

Status

Active

Previous Events

Approved : Jun 17, 2019
Signed : Jun 26, 2019
Invested : Jul 12, 2022

Sector

Resort Hotel (Including Lodges)

Industry

Tourism, Retail and Property

Department

Regional Industry - MAS Africa

Project Description

Created in 2000, 3B Group (the “Sponsor’’ or “3B’’) owns a network of hotels, camps and lodges with an aggregate of 120 guest rooms across Rwanda, which is comprised of: (i) a 30-room Flame Tree Village in Kigali; (ii) a 40-room Mountain Gorilla View Lodge near the Volcanoes National Park in the north of the country; (iii) a 20-room Kivu Lodge on the shores of the Lake Kivu; and (iv) a 30-room Akagera Safari Camp in the Lake District in Eastern Rwanda, which is currently under construction.

 

IFC propose an investment of a loan package of up to $6m, comprising a $3m A loan and a $3m B loan (together, the IFC Loan) for the 3B Group to be used for 3B’s on-going expansion, which comprises:(i) the completion of a 30-room Akagera Safari Camp and (ii) the acquisition of the Nobilis Hotel, a 61-room hotel in Kigali (the “Project”). The expansion will enhance 3B’s value proposition and help the Group design and implement a high-quality ecotourism circuit package.

Overview of IFC's Scope of Review

The IFC’s environmental and social (E&S) review of the project was conducted on 25 February -1 March 2019 and included a visit to all 3B facilities (i) Flame Tree Village; (ii) Nobilis Hotel; (iii) Mountain Gorilla View Lodge, (iv) Kivu Lodge, and (v) construction site for Akagera Safari Camp and meetings with Human Resources Manager, and general manager at each location.

 

The appraisal was also based on review of documents submitted by the Sponsor, including, site plans for Nobilis Hotel and the Akagera Safari Camp and verification of land title deeds for all the facilities.

 

As part of appraisal, the following key topics were discussed: labor and working conditions, occupational health and safety, life and fire safety, waste management; stakeholder engagement and resources efficiency.

E & S Project Categorization and Applicable Standard

Environmental and Social Mitigation Measures

Stakeholder Engagement

Broad Community Support

Environmental & Social Action Plan