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For Doug, Blackstone in the news

Post by Has Been on Fri Jun 12, 2015 8:24 am

Blackstone Africa unit makes big Nigeria hire

http://www.cnbc.com/id/102752490

Blackstone Group has strengthened its ties to Nigeria, the West African country where it could put big money to work.

The private equity giant announced Thursday that its Black Rhino unit had appointed Lamido Sanusi as chairman of its board of directors. Sanusi is emir of Nigeria's northern Kano state, a traditional leader who still wields considerable influence, and the former governor of the country's central bank.

The appointment comes after $310 billion Blackstone announced in August 2014 that it had partnered with Dangote Industries—led by Nigerian billionaire Aliko Dangote—to invest jointly up to $5 billion over the next five years in energy infrastructure projects across Sub-Saharan Africa, part of President Barack Obama's Power Africa initiative to match private capital with continental energy needs.
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Re: For Doug, Blackstone in the news

Post by Doug Fisher on Sat Jun 13, 2015 5:59 pm

Dangote is supposed to be a corrupt leader who doesn't allow foreign interests into the country unless his business ventures are getting something out of it.
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Re: For Doug, Blackstone in the news

Post by Has Been on Sun Jun 14, 2015 11:40 am

Figured you may want to hold on to some of the names for reference, and the previous central banking footnote.
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Re: For Doug, Blackstone in the news

Post by Doug Fisher on Mon Jun 15, 2015 3:32 am

Definitely. Thanks man.
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