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MPs greenlight EUR 250 mn EBRD Alex metro loan
EBRD Alex metro loan gets House approval: MPs have approved a EUR 250 mn loan from the European Bank for…
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…
Amazon invests in EFG Hermes; could swap for >4% stake in valU at current USD 235 mn valuation
Amazon snaps up EFG GDRs, with option to swap for valU shares: Amazon has agreed to purchase USD 10 mn…
EBRD, SPE Capital, Amethis acquire financial services player GlobalCorp
European consortium acquires GlobalCorp: The European Bank of Reconstruction and Development (EBRD), SPE Capital, and Amethis have acquired a 90%…
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…
SFE plans two investments in financial inclusion + NBFS sectors
SFE to invest in NBFS + financial inclusion companies: The Sovereign Fund of Egypt (SFE) is planning to invest in…
Make way for future flow securitization
Future flow securitization is officially here: President Abdel Fattah El Sisi has ratified amendments to the Capital Markets Act that…
EFG Hermes signs EGP 600 mn sale and leaseback agreement with LMD
EFG Hermes Corp-Solutions has signed a EGP 600 mn sale and leaseback agreement with real estate developer LMD to finance…
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