Egypt’s EGP 200 bn sovereign wealth fund is considering setting up several sub-funds to channel investment into the logistics, renewables, and manufacturing sectors, said Planning Minister Hala El Said. The minister also said that the SWF’s newly-appointed CEO Ayman Soliman started drumming up investor interest for the fund during the Egypt Can conference last week.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
Africa’s corporate debt market is just 0.3% of the world’s, with Egypt’s share more than halved since 2010
The OECD puts Africa’s market-based corporate debt at USD 211…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…