#1- NBE, Palm Hills Development, and Infinity Power have made it into the 2025 Global Banking and Markets’ AfricaAwards. Palm Hills’ EGP 10.3 bn long-term syndicated financing facility for its Badya project was picked for the North Africa Deal of the Year, while the National Bank of Egypt (NBE) was named the North Africa Investment Bank of the Year. Infinity Power’s acquisition of Africa-focused wind power platform Lekela Power was named the M&A Transaction of the Year. The awards aim to recognize the most innovative and ground-breaking transactions from sovereign, corporate, and financial institution issuers and borrowers.

#2- Our friends at EFG Holding obtained the ISO 20000 certification, a globally recognized accreditation that offers “a comprehensive, technical, and financial framework for managing IT services throughout their lifecycle,” it said in a press release (pdf). The certificate underscores the bank’s “dedication to excellence” and “commitment to continuously improving the services” they deliver, the group’s CIO Mohamed Sayed Fathy said.

#3- Tamweely earns dual international certifications for financial compliance: Local microfinance provider Tamweely secured both AML 30000 and MSI 20000 international certifications, related to financial crime and financial governance, respectively, according to a company statement (pdf).

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