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Infrastructure 
1.6k industrial units allocated to small investors
More than 1.6k units in seven industrial zones were allocated to SMEs and young investors by the Trade and Industry…
Proparco commits USD 11 mn to Lorax Capital’s Egypt-focused LCP II fund
INVESTMENT WATCH- Proparco has committed USD 11 mn to Egypt- and SME-focused private equity fund LCP II, the French Development…
E-commerce startup Fatura expanding to 10 governorates across Egypt
STARTUP WATCH- B2B e-commerce platform Fatura is expanding to 10 governorates across Egypt to cover all regions including Greater Cairo,…
Microfinance Act amendments that bring SMEs under legislation signed into law
LEGISLATION WATCH- SME lenders are now subject to the Microfinance Act now that President Abdel Fattah El Sisi ratified amendments…
Who’s in the market for debt?
Arabia Investments leasing subsidiary UE Finance is negotiating with the Saudi Development Fund on the terms of a EGP 50…
Egypt’s Beltone SME to launch EGP 1 bn investment fund in 2021
Beltone SME will launch a EGP 1 bn investment fund by the end of 2021, Beltone Financial Holding CEO Ibrahim…
An Egyptian entrepreneur selling cold beverages in 1914 Cairo
Forget series B funding rounds and unspecified six figure sums for a moment: Here’s an Egyptian entrepreneur scouting his next…
EIB to commit USD 10 mn to Egypt- and Jordan-focused Badia VC fund
INVESTMENT WATCH- The European Investment Bank (EIB) is planning to commit USD 10 mn in equity to Egypt- and Jordan-focused…
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