Tuesday, August 3, 2010
Citadel Capital Secures Loan to Develop Sorghum Plantation in Sudan
Posted by Find Insurance Online at 8:29 PMBy Mahmoud Kassem - Aug 1, 2010Citadel Capital Corp., an Egyptian private-equity firm with $8.3 billion in investments, said one of its companies received a $4.9 million loan from Bank of Khartoum for the plantation of land in Sudan.Sabena Solutions Ltd., in which Cairo-based Citadel Capital has a 21 percent stake, borrowed the money to plant 2,000 feddan (2,076 acres) of land with sorghum,
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