World’s biggest private equity firm Blackstone backs away from Africa – The Wall Street Journal

DUBLIN – A few years back, the world’s biggest private equity group, Blackstone, announced plans to invest in Africa through a partnership with Joburg- and Dakar-based Black Rhino. At the time, Blackstone was talking about billions of dollars of infrastructure and energy projects that would help kickstart growth on the continent while delivering attractive investment … Read more

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