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Liwwa to invest portion of USD 3 mn pre-series funding in expanding SME business in Egypt
Amman-based fintech startup Liwwa plans to raise USD 3 mn in pre-series B funding to expand its SME lending in…
EBRD plans for more green loans to Egypt
The European Bank for Reconstruction and Development (EBRD) is set to lend QNB Al Ahli USD 50 mn to on-lend…
138 Pyramids to set up SME-focused PE firm
Egyptian VC outfit 138 Pyramids will set up an SME-focused private equity company after it yesterday got the go-ahead from…
So close you can taste the money…
We’re a bit closer to landing a USD 400 mn World Bank loan to help support the rollout of the…
Post-covid business climate isn’t getting any better, but firms remain hopeful -business barometer index
The business climate in Egypt worsened for the second consecutive quarter as the emergence of new covid-19 variants globally led…
CIRA to set up new language school in New Rashid
Private education outfit CIRA is planning to set up a language school in New Rashid, and is close to wrapping…
More help is on the way for SMEs, courtesy of Afreximbank
Afreximbank will loan United Bank USD 600 mn for on-lending to SMEs and to support trade finance, Masrawy reports, citing…
More green lending, courtesy of the EBRD
The European Bank for Reconstruction and Development (EBRD) will lend the National Bank of Egypt (NBE) USD 100 mn to…
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