INVESTMENT WATCH- The nice people at Tanmiya Capital Ventures (TCV) will announce next week an investment in an unnamed agriculture company, managing partner Youssef Ayoub tells Al Borsa. Ayoub did not disclose the size of the investment, but said the company exports c. 70% of its annual production. TCV intends to invest USD 12 mn in five companies this year, including in the health sector, he added. TCV reached first close on its maiden midcap fund in March and has previously said it would invest EGP 250-300 mn this year. The company recently announced it had struck an agreement to source finance for its portfolio companies from the Bank of Alexandria.

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