November 4th, 2013 by Tom Minney
Shareholders of leading investment company Citadel Capital have voted recently to allow the company, which says it has US$ 9.5 billion in investments under control, to boost capital by EGP 3.64 billion capital increase as part of major restructuring.
November 4th, 2013 by Tom Minney
Rift Valley Railways (RVR), a platform company of Egypt’s Citadel Capital, has repaired 500 kilometers of track between Tororo in Eastern Uganda and Gulu in the North, opening north and northwest Uganda South Sudan and eastern Democratic Republic of Congo to rail services after 20 years of disuse and inefficiency.
August 2nd, 2011 by Tom Minney
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).
June 20th, 2011 by Tom Minney
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.