Mediterranea Capital Partners closed its EUR 286 mn MC3 Fund which will be investing in new and existing SMEs across eight African countries including Egypt, Al-Mal reports. MC3 has already disbursed 60% of its targeted investments in five companies across Morocco, Tunisia, Egypt along with West and Central African locations according to Khaled Sabaa, Mediterranea’s advisor to Egypt, and the company has plans to invest in Cairo Scan.

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