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Infrastructure 
Jordanian SME lender liwwa is looking to set up shop in Egypt
This comes after the lender secured USD 5 mn from the US DFC
GIZ support for our food and agriculture SMEs. PLUS: News from Sun Way and Golden Town Development
The support will trickle in over an 18-month period
IFC pledges USD 50 mn to support mid-cap companies in Africa
The IFC has also agreed to a local currency swap with Banque Misr
Banque Misr’s MDI has poured some EGP 2.5 bn into Onebank. PLUS: News from Elsewedy Electric, OPay, Edita
MDI received preliminary approval last week from the Central Bank of Egypt to launch Onebank
A recap of day two of IFC regional VP’s visit: Fresh financing, advisory service agreements and privatization chatter
The IFC signed an advisory services agreement with the Universal Health Ins. Authority
US International Development Finance Corporation mulls financing Actis’ Gabal El Zeit acquisition. PLUS: Saudi SMEs to expand in Egypt, The HUB plan new frozen food factory, UAE’s Horizon Egypt eyes North Coast project
This comes only a few weeks after the European Bank for Reconstruction said it was reviewing a proposed loan for…
South Africa’s Standard Bank Group to set up Egypt office in 2024. PLUS: BP projects float impact, EBRD funds SMEs, Eastern hikes smoke prices, Arabia Hotels builds new Giza Pyramids hotel
The South African bank’s presence in Egypt will allow the bank “to capitalize on the significant emergence of the Gulf-sub…
How did non-banking financial services perform during 4Q 2023?
The value of leasing contracts jumped about 68% y-o-y to almost EGP 39 bn in 4Q
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