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Four state-owned banks to launch EGP 1 bn fund in 4Q2021
The EGP 1 bn fund of funds which is expected to be launched by Egypt’s biggest state banks will launch…
Lighthouse Education takes off, and it has big plans for the sector
What does Lighthouse Education have in store for Egypt’s education sector? Egypt's biggest state-owned institutions, along with the Sovereign Fund…
SME fund lands EGP 280 mn in commitments from local banks
Catalyst Partners has secured EGP 280 mn in commitments from local banks for an EGP 500 mn SME investment fund…
Sawari Ventures closes EGP 440 mn Egypt tech fund
Cairo-based VC firm Sawari Ventures has reached final close on its Egypt-focused tech fund, raising USD 28 mn (EGP 440…
Tamweely to provide loans through Egypt Post branches
Egypt Post has partnered with microfinance player Tamweely to disburse loans for microbusinesses through the former’s 4k branches across the…
Also on our radar on 22 February 2021
The Suez Canal Authority (SCA) is borrowing USD 100 mn from a syndicate of four local banks to finance ongoing…
AT Lease takes EGP 1 bn securitized bond to market
AT Lease has issued its second securitized bond offering worth EGP 1.09 bn after receiving the greenlight from regulators to…
Keep it steady
ENTERPRISE POLL- CBE expected to leave interest rates on hold in its first meeting of 2021: Eleven out of 12…
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