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Kudos: PraxiLabs gets USD 300k in funding; Egypt lands a BAFTA; and AT Lease wins MEA Finance Award
PraxiLabs gets USD 300k in funding: Our very own Khadija Mohamed Elbedweihy, founder of PraxiLabs came first in Africa’s Business…
Corplease, Qasatli are hitting the debt markets again
CI Capital’s leasing arm Corplease will go ahead with a securitized bond issuance worth more than EGP 3 bn before…
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…
EFG Hermes signs EGP 750 mn sale and leaseback agreement with Misr Italia
EFG Hermes’ leasing and factoring arm has signed an EGP 750 mn sale and leaseback agreement with Misr Italia Properties…
Tamweely could be in line for a total of EGP 500 mn in loans from local, foreign institutions
Microfinance player Tamweely is in talks with a syndicate of three local banks to obtain EGP 300 mn finance in…
2021 is turning out alright for Egypt’s debt market
EFG Hermes Corp-Solutions took the lion’s share of Egypt’s leasing market in June, after more than doubling lending m-o-m, according…
And Egypt’s first microleasing license goes to...
Tasaheel acquires Egypt’s first microleasing license: Micro lender Tasaheel was today granted the first license for microfinance leasing in the…
Also on our radar on 10 June 2021
Other things we’re keeping an eye on this morning: Some 20% of the USD 7 bn Russian Industrial Zone (RIZ)…
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