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EBRD, SPE Capital, Amethis acquire financial services player GlobalCorp
European consortium acquires GlobalCorp: The European Bank of Reconstruction and Development (EBRD), SPE Capital, and Amethis have acquired a 90%…
Sri Lankan NBFI acquires 100% of First Microfinance, aims to grow loan book and branch network
Sri Lankan conglomerate LOLC Group has acquired 100% of FirstMicrofinance in a transaction worth EGP 80.2 mn, First Microfinance CEO…
SFE plans two investments in financial inclusion + NBFS sectors
SFE to invest in NBFS + financial inclusion companies: The Sovereign Fund of Egypt (SFE) is planning to invest in…
Make way for future flow securitization
Future flow securitization is officially here: President Abdel Fattah El Sisi has ratified amendments to the Capital Markets Act that…
EFG Hermes signs EGP 600 mn sale and leaseback agreement with LMD
EFG Hermes Corp-Solutions has signed a EGP 600 mn sale and leaseback agreement with real estate developer LMD to finance…
EBRD, Green Growth and Sanad funds all have money for Egypt + more competition in consumer finance
The European Bank for Reconstruction and Development (EBRD) has put pen to paper on its financing of the Alexandria metro…
Egyptian gas exports to Lebanon are waiting on Washington + valU expands partnership with Waffarha
Gas supplies to Lebanon waiting on “final” US approval + World Bank financing: Cairo is “waiting for the final green…
Edita’s Molto Sandwich gets a rebrand with three new flavors + EFG Hermes’ valU launches new algo-based risk management tool
Edita’s Molto Sandwich is now Molto Fino, with new flavors: Edita Food Industries is introducing three new flavors as part…
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