The co-founder of Africa’s largest private equity firm told a gathering of global private equity leaders in Washington, DC, that the Arab Spring will ultimately help reinforce the macroeconomic fundamentals that made the Middle East and North Africa one of the world’s fastest-growing regions prior to January 2011.
“MENA is still among the fastest-growing consumer markets in the world, and exporters there remain ideally suited to cater to the needs of key global markets.
What’s more, governments will be prompted by balance sheet constraints in the period ahead to rely on the private sector to help meet the aspirations of more than 350 million people,” said Hisham El-Khazindar, Managing Director and Co-Founder of Citadel Capital, the leading private equity firm in the Middle East and Africa with $9.5 billion in investments under control.
READ MORE VIA # IslaMacFarlane #HishamEl-Khazindar @CPI_Financial
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