Citadel Capital’s plan for East Africa’s growing businesses

The East African | 25 January 2014

“If you are satisfied with a one per cent return on your investment, buy 10-year Swiss bonds. Otherwise, go to Africa.” Founder of Citadel Capital, Ahmed Heikal

The Egyptian private equity firm has been growing its investments in East Africa. As it embarks on a transition to an investment company, the founder Ahmed Heikal talks to The EastAfrican’s Isaac Khisa about their plans for the region and the continent.

Why is Citadel Capital focusing on investing in Africa, a continent viewed as being fraught with risk?   We look at it this way: If you are satisfied with a one per cent return on your investment, buy 10-year Swiss bonds. Otherwise, go to Africa. There is no better place to invest. Our continent is rife with investment opportunities…http://www.farmlandgrab.org/post/view/23092-citadel-capitals-plan-for-east-africas-growing-businesses#sthash.QAej8Y4e.dpuf

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