Germany-based impact investor Finance in Motion is planning to invest USD 20 mn in a renewable energy project in the Benban solar complex through its Green for Growth Fund, company senior investment and risk executive for the MENA region Mohamed Morsy said, according to Al Mal. The new financing will bring the fund’s total investments in Egypt to USD 97 mn. The fund’s managers are also studying a further USD 25-50 mn financing package for unnamed banks and leasing companies in Egypt.

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