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Rameda + IFC collab on sustainability
Rameda Pharma will work with the International Finance Corporation (IFC) to improve the sustainability of its operations, according to a…
Sri Lankan NBFI acquires 100% of First Microfinance, aims to grow loan book and branch network
Sri Lankan conglomerate LOLC Group has acquired 100% of FirstMicrofinance in a transaction worth EGP 80.2 mn, First Microfinance CEO…
New green, Islamic microfinance products on the menu for 2022
The Financial Regulatory Authority (FRA) could soon issue licenses for green and Islamic microfinance products, FRA’s Deputy Chairman Islam Azzam…
Old Mutual makes a bid for Lekela as Actis plots exit
Pan-African financial services outfit Old Mutual is bidding for Actis’ 60% stake in Lekela Power through its African Infrastructure Investment…
e-Finance signs first agreement outside of Egypt
e-Finance steps out of Egypt: e-Cards, a subsidiary of EGX-listed fintech player e-Finance, has signed a 10-year contract with Zimbabwean…
MNT-Halan wants to tap new markets in 2022
MNT-Halan is looking at cross-border expansion this year, with plans to tap markets where “there are large unbanked populations that…
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…
Aspire Capital establishes Kheir Microfinance
Aspire Capital Holding (formerly Pioneers Holding) has set up a microfinance arm, Kheir Microfinance, the company said in a regulatory…
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