All posts tagged Citadel

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Celebrating the Award Winners

Private Equity Africa is delighted to announce the winners of its maiden awards. The accolades are the first and only awards  to solely focus on Africa’s private equity industry. The cream of Africa’s private equity industry gathered at the Four Seasons Hotel …

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Citadel exits NPC for $147.5m

Citadel Capital has sold its stake in Egypt-based oil and gas platform company National Petroleum Company Egypt (NPC Egypt) to Sea Dragon Energy for $147.5 million. Citadel Capital owned

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Citadel courts Chinese investors

Citadel Capital is expected to soon hold talks with the China Investment Corporation (CIC) about the possibility of  CIC's fund investing in  African private equity, according to a

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Citadel to raise $50m from exits

Citadel Capital is working on plans to raise $50 million through series of small divestitures aimed to rebalance its portfolio over the next few months.

The proceeds

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Abraaj buys Amundi’s African PE platform

Abraaj Capital has acquired Amundi’s North African private equity platform from Société Générale and Crédit Agricole. The agreement will see Abraaj Capital take over Amundi’s stake in the $161

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Citadel leads $82m RVR equity injection

Citadel Capital has led existing shareholders in a new $82million financing round of its transport portfolio company Rift Valley Railways (RVR). Citadel owns 51% of RVR while Trans-Century holds

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Citadel gets approval to raise $175m

Citadel Capital has received clearance from the Egyptian Financial Supervisory Authority to call a shareholders' meeting to raise its capital by $175million (E£ 1.05billion). The regulator is understood to have

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Citadel attracts $21m from DEG and EIB

Citadel Capital has raised $21million worth of fresh commitments for its Citadel Capital Transport Opportunities II Fund (CCTO II), a specialist fund that invests in logistics companies operating

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Deals bounce back

Deal making in Africa’s private equity market has exhibited strong recovery in the first half of 2011, as investors put capital to work. At least 12 deals were revealed

Rethinking political risks

Recent developments in the Egyptian private equity market bring to the fore some of the political risks that still seem to taint the African private equity industry, although