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JTI proposes new changes for tobacco license
Japan Tobacco International (JTI) is still lobbying to amend the contentious tender to offer additional licenses to sell tobacco products,…
B2B e-commerce platform Capiter raises USD 33 mn for expansion in series A round
Cairo-based B2B e-commerce startup Capiter has raised USD 33 mn in a series A funding round co-led by Quona Capital…
Amethis hits first close on fund with big Egypt earmark + Amazon inaugurates 10 Ramadan warehouse
Amethis’ new private equity fund has a big Egypt earmark, will see the firm open an office here: Africa-focused, Paris-headquartered…
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…
Green SME projects to get more help from EBRD
AUB Egypt could get USD 22 mn for green projects, SMEs: Ahli United Bank Egypt may receive up to USD…
Edita borrows EGP 150 mn from Credit Agricole for new production line
Edita is taking out a seven-year EGP 150 mn facility from Credit Agricole to finance its new baked goods production…
Corps-Solutions plans EGP 500-700 mn securitized bond sale in 4Q2021
Corps-Solutions securitized bond sale could reach EGP 700 mn: EFG Hermes Corp-Solutions plans to raise EGP 500-700 mn from a…
Hotelier Rotana to manage new residential developments + Bausch Health continues global debt reduction strategy
The IFC will invest USD 100 mn in Egypt’s first corporate green bond offering by CIB, the institution announced in…
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