Troubled RVR still attractive to investors, gets new shareholder
A pan-African private equity firm will be the new principal shareholder of the troubled Rift Valley Railways.
The EastAfrican can report that Washington-based Emerging Capital Partners (ECP), which says it invests in companies that operate in business environments characterised by limited competition, has reached an agreement with Cairo-based Qalaa Holdings to acquire the latter’s 73.76 per cent stake in RVR.
