Private Equity in Egypt

Political turmoil does not change the fundamental economic attractiveness of private equity in Egypt, argues Karim Sadek, Managing Director of Cairo-based Citadel Capital. In an interview with Privcap, Sadek describes the investment climate in a post-revolution, “new Egypt.” He discusses the opportunities that a massively deregulated energy sector will bring to private equity investors in Egypt, the complexities of doing joint-ventures with the government and what development-finance institutions expect from local investors.