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Edita is in talks with IFC for USD 25 mn to help fund Iraq expansion
Plus: Nilesat applies for NTRA license to enter the data center market
Edita secures EGP 500 mn loan to boost production capacity
This comes just weeks after the snackmaker secured EGP 600 mn in financing from Arab Bank Egypt
My Morning Routine: Nabih Berzi, Edita Food Industries Snacking and Bakery Division CEO
There is a rise of better-for-you indulgence in the industry, where consumers are increasingly looking for healthier options
Edita gets a funding push from Arab Bank Egypt for regional expansion plans
The loan plugs into a broader EGP 4 bn capex plan spanning Egypt, Morocco, and Iraq