Dubai’s Alpha MBM Investments to invest USD 4 bn in Ugandan crude refinery
The refinery is set to produce 60k barrels of crude per day.
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The refinery is set to produce 60k barrels of crude per day.
The 234 MW project is one of the largest in the region
Adia invested in Albacore Capital Group’s new lending strategy, while Mubadala is invested in a US real estate creditor
Two of the company’s three PE owners, Sweden’s EQT Partners and TA Associates, are set to trim their stakes
Growth will be driven by “a combination of stronger oil output and a thriving non-oil economy”
The investments will mainly focus on the tourism and real estate sectors
PAI will retain a majority stake in the company
This is in exchange for a third of OSN Streaming
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