Five years after pledging a $5 billion commitment with Africa’s richest man, Aliko Dangote, Investment firm Blackstone Group LP is withdrawing its pact and exiting from its Africa subsidiary, Black Rhino Group.
According to an unidentified person familiar with the process, Blackstone Group is...
Nigeria's Dangote Group has signed a joint venture with the Black Rhino Group to develop a $5 billion (about N1 trillion) energy infrastructure in Africa, Daily Trust reports.
Black Rhino is a subsidiary of the Black Stone Group, the world’s current largest Private Equity and Asset Management...
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