CORRECTION - We have a couple of Mia Culpas from yesterday’s issue. It was actually Tanmeyah Microfinance which would be receiving a EGP 500 mn facility from Banque Misr, not Tanmiya Capital Ventures (which currently goes by TCV) as we had noted. We had also misquoted supermarket chain Spinneys’ CEO Mohanad Adly as saying that they noted price increases on 1,100 items, when in fact he stated that they were monitoring these items for any hike. H/t MA.
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