MOVES- Sawari Ventures has tapped Tamer Azer to join its team as a principal, the company announced in a press release. An entrepreneur and business policymaker, Azer joins Sawari Ventures from A15. The appointment comes after Sawari reached first close on its USD 35 mn North Africa fund, which will target investment in knowledge- and tech-driven companies in Egypt, Tunisia and Morocco. LPs committing in the first round included the European Investment Bank, the UK’s CDC, France’s Proparco and the Dutch Good Growth Fund managed by Triple Jump.

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