Egypt Edition 
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AI + Innovation (MENA) 
Infrastructure 
1 Trolley among the prizewinners in EBRD’s startup innovation challenge
Egyptian pick-up and delivery platform 1Trolley is the only MENA business among the prizewinners of the European Bank of Reconstruction…
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…
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…
A busy day in the House
The House of Representatives was busy yesterday pushing through new bills, granting final and committee-level nods to others and signing…
Healthcare outfit Alfa lands USD 100 mn investment
UK government development finance arm CDC will invest USD 100 mn in healthcare group Alfa Medical (AMG) alongside healthcare investor…
EBRD still ❤ Egypt
Egypt was the top destination for EBRD investment in SEMED for third consecutive year: Egypt accounted for more than EUR…
Also on our radar on 13 January 2021
EBRD, UN to help Egypt’s tourism industry get back on its feet post-covid: The European Bank for Reconstruction and Development…
A little bit limp
Annual urban headline inflation dropped to 5.4% in December from 5.7% in November, according to figures released Sunday by state…
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