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Hassan Allam launches B2C East Cairo community
Plus: Beltone puts its investment products on the Telda app in a new partnership
State exits microfinance player Tamweely after EGP 2.8 bn buyout by int’l consortium
The acquisition comes just ahead of our fourth IMF loan program review in late September
IFC pledges USD 50 mn to support mid-cap companies in Africa
The IFC has also agreed to a local currency swap with Banque Misr
El Sisi ratifies Unified Budget Act amendments. PLUS: News from Masria Digital Payments, Cequens, El Nasr Mining
The amendments will see the budgets of all 59 of the state’s economic bodies and the state budget presented in…
EBRD could invest USD 40 mn in SPE Capital’s new North Africa-focused fund
The USD 350 mn fund will invest in mid-cap companies in Egypt, Morocco, and Tunisia
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%…
Amer group appoints yet another new CEO
Private equity firm SPE Capital has promoted Ahmed El Oraby (LinkedIn) to partner, the firm announced on its website. El…
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