Hogan Lovells Advises on Construction Financing for Village Notre Père
Deal News | May 15, 2025 | Hogan Lovells
Hogan Lovells has successfully advised the International Finance Corporation (IFC) and Proparco on their joint construction financing project for Village Notre Père in Ivory Coast. This initiative focuses on supporting state-of-the-art, sustainable construction, aimed at fulfilling the increasing demand for quality office space, retail space, and serviced apartments in the Ivorian capital. Not only does the project aim to foster job creation and support the hospitality and business tourism sectors, but it also represents a significant step towards advancing the sophistication of infrastructure and mixed-use real estate development within West Africa. The complex is scheduled for completion in 2027 with Hogan Lovells' Infrastructure, Energy, Resources, and Projects team, spearheaded by partner Thomas Hechl, playing a crucial role throughout the process.
Sectors
- Infrastructure Development
- Financial Services
Geography
- Ivory Coast – The Village Notre Père project is located in the capital of Ivory Coast, where it aims to address the demand for quality construction.
- West Africa – The project represents a significant development within West Africa, highlighting the region's growing sophistication in infrastructure and real estate.
Industry
- Infrastructure Development – The project involves the construction of modern and sustainable infrastructure in Ivory Coast, focusing on mixed-use real estate development.
- Financial Services – Both IFC and Proparco are involved in the financial aspects of the construction project, providing necessary funding and supporting economic development.
Financials
- Not specified – The financial details of the joint construction financing by IFC and Proparco are not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Hogan Lovells | Legal Advisor | Company | An international law firm providing legal advisory services for the financing of the Village Notre Père project. |
| IFC | Co-Lender | Company | The International Finance Corporation, a member of the World Bank Group, is involved in financing the construction project. |
| Proparco | Co-Lender | Company | Proparco is the private sector financing arm of the French Development Agency (AFD) Group and a co-lender for the project. |
| Thomas Hechl | Partner | Person | A partner at Hogan Lovells leading the advisory team on this project. |
| Olivier Fille-Lambie | Co-Head of Africa Practice | Person | Provides oversight and support in the legal advisory services for the project. |
| Marie-Michelle Banzio | Senior Associate | Person | Part of the Hogan Lovells team providing legal counsel. |
| Senal Ranatunga | Senior Associate | Person | Part of the Hogan Lovells team providing legal counsel. |
| Takudzwa Matondo | Associate | Person | Part of the Hogan Lovells team providing legal counsel. |