Qalaa Holdings Co-Hosts Annual Meeting of the Choiseul 100 Africa for the First Time in Cairo

Qalaa Holdings is co-hosting, for the first time in Egypt, the annual meeting of the Choiseul 100 Africa laureates, consisting of a delegation of 100 top African business leaders as well various European dignitaries, for two days of meetings with senior government officials and leading Egyptian investors

Qalaa Holdings (CCAP.CA on the Egyptian Exchange), an African leader in energy and infrastructure, is proud to co-host the 4th annual meeting of the Choiseul 100 Africa, an annual ranking carried out by the independent French think tank, Institut Choiseul. This unique ranking identifies young African business leaders under the age of 40, who are active contributors to the economic development of Africa.

Nearly a hundred of this generation’s most emblematic African leaders from some 35 countries are convening in Cairo this year, and will be will meeting senior members of the Egyptian government including H.E General Mohamed El Assar, Minister of Military Production, H.E. Eng. Ibrahim Mahlab, former Prime Minister and Presidential Advisor for National Projects, H.E. Dalia Korshid, Minister of Investment, as well leading Egyptian investors and businessmen.

“It’s an honor to be hosting the Choiseul 100 African summit in Egypt for the first time. This group of young leaders are representative of the true potential of Africa, said Qalaa Holdings Co-Founder and Managing Director, Hisham El-Khazindar. “Over the course of the next 2 days we look forward to engaging in some knowledge-sharing with these inspirational men and women, and introducing them to Egypt’s newly launched economic reform program and the new opportunities for investment that it presents.”

Hisham El-Khazindar and Karim Sadek, Managing Director of Qalaa Holdings have been respectively selected in the Choiseul Africa in 2014 and 2015.

“Africa will have the world’s largest and fastest-growing working age population by 2040—in order for these attractive demographics to materialize into prosperity for the continent we need a new generation of leaders in business, like the ones we are hosting here today, to reshape the economic landscape,” said Sadek.

The 2-day event will include a networking lunch with leading Egyptian investors held in partnership with the Egyptian Federation of Industries and the American Chamber of Commerce under the theme: “Business in Africa: the Untapped Potential.”

“Our support for the Choiseul 100 Africa underscores our fundamental belief in the bright future of our continent and in the critical role of this new generation of African business leaders and entrepreneurs in positively shaping that future,” said El-Khazindar.

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Qalaa Holdings (CCAP.CA on the Egyptian Stock Exchange) is an African leader in energy and infrastructure. Formerly known as Citadel Capital, Qalaa Holdings controls subsidiaries in industries including Energy, Cement, Agrifoods, Transportation & Logistics, and Mining. To learn more, please visit qalaaholdings.com.

Forward-Looking Statements
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For more information, please contact:

Ms. Ghada Hammouda
CMO & Head of Marketing Communications
Qalaa Holdings

ghammouda@qalaaholdings.com

Tel: +20 2 2791-4439
Fax: +20 22 791-4448
Mobile: +20 106 662-0002