Senga Bay Capital is a boutique project finance and project development advisory firm specialising in the hospitality industry. We develop and structure hotel and resort projects internationally and help raise capital for them. Senga Bay Capital works with owners, operators, travel companies, investors and lenders.

Senga Bay Capital also works in other sectors, such as FMCG, agribusiness, transport and logistics, where we provide corporate and project finance advisory services. Every engagement is unique and we take great care to understand each situation before recommending solutions.

Our services include

Dr. Richard von Kalmar


Dr. Richard von Kalmar established Senga Bay Capital in 2014 and has since worked on a long list of projects, predominantly in the development and financing of hospitality projects in the Middle East and Africa, but also in the agribusiness, FMCG and transport sectors. Dr. von Kalmar has over 25 years’ experience in finance and as a management consultant and entrepreneur. He was formerly a Partner at Bearing Consulting, where he worked on corporate finance and project finance assignments across Africa and Europe, a Managing Director at a subsidiary of Fitch Ratings and co-founder of a financial technology firm in South Africa that was sold to SunGard Data Systems. He started his career at Standard Bank and holds an MBA from Edinburgh Business School and a Doctorate in Industrial Economics from Cranfield University.

Brendan Gillespie


Brendan has over 25 years’ experience in the Hotel sector in the UK, Europe and Africa and has led professional teams involved in 61 property acquisitions, with total transaction value in excess of USD750m. He has worked as a Finance Director with both private and listed companies, having been instrumental in the listing of Macdonald Hotels Plc. on the LSE. Brendan has over ten years’ experience in the Hotel industry in Africa, having operated in South Africa, Botswana, Zimbabwe, Mozambique, Namibia, DRC, Cote D’Ivoire, Gabon and Kenya. Between 2011 and 2015, Brendan was employed by Lonrho Hotels, Johannesburg, initially as its VP, Finance and then as its CEO. He is a Chartered Accountant of and holds a BA in Accountancy, as well as an MBA from Strathclyde University and completed the FD as Strategic Partner programme at the Wharton Business School.

Linda Gallo


Linda Gallo has over fifteen years‘ professional experience in PR and communications. As a senior consultant and account director, she directed German-wide campaigns and public relation engagements for Germany’s top ranked PR agencies, fischerAppelt and Media Consulta. She has also worked for the global network agency, Publicis Consultants. Her international clients in industry, trade and within associations included Generali, the German Portuguese Cork association, Lidl, the U.S. Meat Export Federation, Shell, as well as Israel, Egypt and Turkey as tourism destinations. She is a graduate in Business Communications (M.A.) from the University of the Arts in Berlin.


    Have any questions?

    [email protected]