Damasi takes the Columbia Business School students to survey the proposed site for their beachfront luxury hotel on the Kigamboni Peninsula. The site is a five-minute ferry ride from Dar with an additional 10-minute drive from the Kigamboni ferry. This day, the ride took almost two hours.
Africa Entrepreneurship Master Class: Visit to the Peacock Hotel Proposed Beach Site
Damasi and the Columbia Business School team finally arrive at the beach front property. The Mfugales paid the Tanzanian government $100,000 for the prime real estate. There is a catch.
Continue reading “Africa Entrepreneurship Master Class: Visit to the Peacock Hotel Proposed Beach Site”
Africa Entrepreneurship Master Class: Business Meetings
The Columbia Business School team meets with members from various financial institutions and Peacock Hotel staff to understand the financing for the planned Peacock Hotel expansions.