Aga Khan Fund for Economic Development (AKFED) News

Stephen A. Schwarzman, Chairman and CEO, The Blackstone Group

Blackstone eyeing power generation and distribution opportunities in Africa: Stephen Schwarzman, Chairman and CEO, The Blackstone Group

Private equity will play a key role in developing Africa given the massive needs for capital on the continent, says Blackstone Group (BX.N), which is focusing on infrastructure projects involving power generation and transmission.