PROJECT

Projects

Environmental & Social Review Summary

Project Number

51130

Company Name

Consolidated Tourist & Hotels Investment Limited

Date ESRS Disclosed

Dec 19, 2025

Country

Tanzania

Region

Africa

Last Updated Date

Dec 21, 2025

Environmental Category

B - Limited

Status

Pending Approval

Sector

Resort Hotel (Including Lodges)

Industry

Tourism, Retail and Property

Department

Regional Industry - MAS Africa

Project Description

The SafariCo group (“SafariCo” or “the group”) is a leading diversified East African safari operator, managing 23 lodges under the brands Elewana Collection, Explorer by Elewana, and Sopa Lodges. These lodges, totaling 844-keys, are located within key strategic national parks, conservancies, and reserves in Kenya and Tanzania. The group also operates Cheli & Peacock Safaris, a destination management company, and SkySafari, which offers bespoke safaris by air. The group’s Land & Life Foundation oversees the group’s conservation, environmental, social and sustainability initiatives.

IFC’s proposed loan of US$ 50 million will be used to finance the further development of the group’s Explorer brand, and more specifically, the expansion and refurbishment of existing Sopa lodges in Tanzania including: (i) Ngorongoro Explorer and an extension N20, for not more than 110 rooms located within the Ngorongoro Conservation Area (respectively “NXR” and “N20”) and (ii) Serengeti Explorer, located within the Serengeti National Park, with 74 rooms (“SXR”) (together jointly “the project”).

Overview of IFC's Scope of Review

IFC appraised the proposed project in May 2025. This involved visits to the operational SXR as well as NXR and N20 which are respectively under refurbishment and pre-construction. At SXR, IFC met with senior lodge management including the General Manager, Chief Engineer, a select sample of male and female employees, trade union members, while at the group level, meetings were held with the Operations Director, Human Resource (HR) Manager, Sustainability and Environmental Manager, CEO of Land & Life Foundation and SafariCo leadership.

IFC’s review of documentation included environmental and social (E&S) and HR policies, management plans and standard operating procedures at both the group and lodge level, health and safety procedures, and risk identification documents, such as E&S impact assessments (ESIA). In addition, key management documents of the Tanzania National Parks Authority (TANAPA) and Ngorongoro Conservation Area Authority (NCAA) were reviewed.

IFC’s review considered key contextual risks, including, but not limited to, the national and local socio-economic context, the physical environmental setting, energy, climate, and national requirements in relation to labor and working conditions.

As noted, NXR is currently under refurbishment and construction and N20, the extension to NXR is pre-construction. Once operational, IFC will further assess alignment with the Performance Standards, and update this ESRS and associated ESAP as necessary.

E & S Project Categorization and Applicable Standard

Environmental and Social Mitigation Measures

Stakeholder Engagement

Broad Community Support

Environmental & Social Action Plan

Client Documentation

File Name Actions
Proposed Upgrading and Expansion of Ngorongoro Sopa Lodge EIA Report.pdf