News and developments on African capital markets, includes: African securities, African stock exchanges/stock markets, African equities, African bonds, African private equity/venture capital, and African social impact investment
The International Finance Corporation and 6 leading international finance institutions provided $164 million in financing to Rift Valley Railways International to rehabilitate the Kenya-Uganda railway today (2 August).
Leading African private equity firm Citadel Capital said that Egypt’s public prosecutor has lifted a travel ban imposed in April on its chairman Ahmed Heikal, according to Reuters. The company also announced Citadel Capital Partners Ltd. sold 13.4 million shares in Citadel Capital worth US$12.4 mn.