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Tobacco distributors can hike their prices by up to 12%. PLUS: News from Halan, Post for Investment, Al Gaweesh Group
Tobacco distributor hiked their prices earlier this year
MNT-Halan snaps up struggling Pakistani microfinance bank
MNT-Halan purchased 100% of Advans Pakistan Microfinance Bank for an undisclosed sum
Tanmeyah, MSMEDA to lend out up to EGP 200 mn to microenterprises. PLUS: News from Smokery, House, ACDIMA
The two sides will hand out loans of up to EGP 220k to some 10k microenterprises
Aman Holding and Contact Financial plan GCC expansions in 2024. PLUS: GB Capital + Golden Coast sukuk news, new gold fund, Banknbox + SWFT, PayTabs
Aman Holding will start providing installment services in Saudi Arabia in the second half of the year
Africa was not immune to last year’s tech VC winter
Francophone countries, however, posted strong growth in value and volume of investments
Giza Systems, VAS are getting USD 175 mn from local, Gulf banks + Tanmeyah is in line for USD 10 mn from the EBRD
ADIB led the transaction and its investment banking arm ADI Capital was financial advisor
Tasaheel closes Africa and Egypt’s first securitized social sustainability bond issuance
The issuance is part of a three-year EGP 13 bn program
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