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Egypt’s startups got a covid boost
Covid has been a boon for Egypt’s startups, but there’s still much to be done by way of legislative and…
Ezdehar targets USD 100 mn first close for its next SME fund by mid-year, mulls separate impact investing vehicle
Private equity firm Ezdehar is targeting a first close of USD 100 mn on its second fund by the middle…
Strong with the force, healthcare M&As are
The latest M&A activity in the red-hot healthcare sector appears to be a bidding war brewing for Alexandria Medical Services.…
OFH shares hit the EGX today
Shares of newly spun-off Orascom Financial Holdings’ (OFH) will begin trading on the EGX today in the final step of…
Adwia’s former owners eye toll manufacturing + Nuwa Capital closes USD 75 mn fundraising round
The former owners of Adwia Pharma are investing more than EGP 1 bn to set up a new toll manufacturing…
UAE property developers have eyes set on Egypt
UAE property developer Aldar Properties is looking to make Egypt a focal point of its expansion, allocating capital for acquisitions…
GAFI launches phase II of industrial units in Mit Ghamr, Banha
Uganda has decided to backtrack on its decision to introduce a 35% customs duty on iron sheets and other Egyptian…
CTP Invest to build USD 600 mn worth of business parks in Egypt
European industrial developer CTP Invest plans to invest USD 300-600 mn in Egypt over the next five years, according to…
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