{"id":558379,"date":"2021-08-08T04:37:48","date_gmt":"2021-08-08T04:37:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/08\/sfe-to-launch-education-sub-fund\/"},"modified":"2021-08-08T04:37:48","modified_gmt":"2021-08-08T04:37:48","slug":"sfe-to-launch-education-sub-fund","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/08\/sfe-to-launch-education-sub-fund\/","title":{"rendered":"SFE to launch education sub-fund"},"content":{"rendered":"

<\/a> The Sovereign Fund of Egypt (SFE) will soon launch a new sub-fund to invest <\/strong>in the education industry<\/strong>, CEO Ayman Soliman told Youm7<\/a>. The fund plans to finance the construction of hundreds of schools across the country targeted at middle-class families, he said, stopping short of giving a target value for the fund.<\/p>\n

The SFE made its first commitment in the sector <\/strong>in<\/a><\/strong>March<\/a><\/strong>, <\/strong>committing EGP 250 mn to the EFG Hermes Education Fund. It also agreed last month to invest in a new education investment platform<\/a> dubbed Lighthouse Education<\/a>, which plans to channel EGP 1.75 bn into 10-12 private K-12 education schools<\/a>.<\/p>\n

There\u2019s more where that came from:<\/strong> Soliman said the fund will soon announce four new partnerships in the education field that will help build the schools, as well as new universities.<\/p>\n

This will be the SFE\u2019s fifth sub-fund: <\/strong>The SFE already has four sub-funds<\/a> covering healthcare, financial services, tourism and real estate, and infrastructure.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Sovereign Fund of Egypt (SFE) will soon launch a new sub-fund to invest in the education industry, CEO Ayman Soliman told Youm7. The fund plans to finance the construction of hundreds of schools across the country targeted at middle-class families, he said, stopping short of giving a target value for the fund. The SFE […]<\/p>\n","protected":false},"author":1,"featured_media":558380,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7228],"tags":[73,72,125,173,370],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-558379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education","tag-education","tag-enterpriseam","tag-investment-watch","tag-lighthouse-education","tag-sovereign-fund-of-egypt","wpautop","entry"],"acf":{"mongo_id":"5e68bab4-9022-4d6d-9de8-f48efbb4fe5c","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/8\/112.jpg","photo_position":"above","related_issue":[558370],"teaser":"","voice_url":""},"yoast_head":"\nSFE to launch education sub-fund - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/08\/sfe-to-launch-education-sub-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SFE to launch education sub-fund\" \/>\n<meta property=\"og:description\" content=\"The Sovereign Fund of Egypt (SFE) will soon launch a new sub-fund to invest in the education industry, CEO Ayman Soliman told Youm7. The fund plans to finance the construction of hundreds of schools across the country targeted at middle-class families, he said, stopping short of giving a target value for the fund. 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