Qatari funds – both privately owned and government run – have been looking again at building relationships in sub-Saharan Africa, whose emerging markets hold the potential for handsome opportunities and returns. Latest among the assets to be purchased by a Qatari investor was London FTSE 250-listed Heritage Oil, which is being bought by Energy Investments Global, a subsidiary of Al Mirqab Capital, owned by former premier and foreign minister Sheikh Hamad Bin Jassim Al-Thani (HBJ). The agreed cash bid values the company at $1.56bn.