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TONIGHT: Kids are getting Pfizer shots in Egypt + we have appetite for SPACs already + the Unified Budget Act is on the docket for parliament
It’s another news dump day on hump day, ladies and gentlemen. And if you’re like some of us here and…
Edita to kickoff production in Morocco within days, Egypt operation looks to expand bakery capacity in early 2022
Edita’s first production line in Morocco will be up and running within days, IR director Menna Shams El Din confirmed…
Zilla Capital acquires two firms, eyes two more acquisitions
Investment firm Zilla Capital has acquired Naeem Holdings subsidiary Naeem Capital Investment, according to an EGX disclosure (pdf). Naeem Capital…
EBRD commits USD 25 mn to Ezdehar’s second fund
The European Bank for Reconstruction and Development (EBRD) will be a limited partner in Ezdehar’s Egypt Mid-Cap Fund II, joining…
Madbouly had a busy day in France
Prime Minister Mostafa Madbouly met with representatives of 90Frenchcompanies in Paris yesterday at the Movement of the Enterprises of France…
From Fertiglobe to yet another regional VC fund, it’s a relatively quiet start to the week for global markets
Trading of Fertiglobe’s shares is due to begin tomorrow on the ADX, after the fertilizer producer raised some USD 795…
AAAID to invest USD 220 mn in Egypt’s agriculture sector
The Arab Authority for Agricultural Investment and Development (AAAID) could invest USD 220 mn in Egypt’s agriculture sector, according to…
The SFE is launching new sub-funds + Zoomcar, Creams Cafe expanding in Egypt
Next up on the SFE’s sub-fund menu: Education + manufacturing and distribution. The Sovereign Fund of Egypt (SFE) is planning…
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