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Tamweely seeks EGP 300 mn in loans from two Egyptian banks
Tamweely Microfinance is negotiating with two unnamed banks to borrow EGP 300 mn to increase its women-focused funding portfolio and…
Raya to issue securitized bonds worth EGP 500 mn
The Financial Regulatory Authority has signed off on Raya Holding’s plans for its second EGP 497.5 mn securitized bond issuance…
EBRD, FRA provide USD 15 mn loan to fund green tech for Egyptian SMEs
EBRD, FDA provide USD 15 mn loan to fund green tech for Egyptian SMEs: The European Bank for Reconstruction and…
Gov’t approve amendments on microfinance
LEGISLATION WATCH- Gov’t sets capital requirements for non-bank SME funders: The Madbouly Cabinet approved yesterday draft amendments to the 2014…
Raya signs off on issuing securitized bonds worth EGP 500 mn
Raya issues securitized bonds worth EGP 500 mn: Raya Holding signed yesterday its first securitized bond issuance for its subsidiaries,…
Raya Holding subsidiaries to issue securitized bonds worth EGP 500 mn
Raya Holding for Financial Investments subsidiaries Raya Electronics, Aman Financial Services, and Aman Microfinance are planning to issue EGP 500…
Halan seeks Series B funding for B2B and B2C expansion
STARTUP WATCH- Halan seeks Series B funding for B2B and B2C expansion: Cairo-based tuk-tuk and motorcycle ride-hailing startup Halan is…
Egypt’s Halan to launch in Ethiopia before the end of 2019
STARTUP WATCH- Halan to launch in Ethiopia this year: Cairo-based tuk-tuk and motorcycle ride-hailing startup Halan plans to begin operations…
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