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.
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
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