{"id":684724,"date":"2026-02-02T00:00:00","date_gmt":"2026-02-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/02\/alexbank-blu-ev-launch-ev-microfinancing-haps-big-investment-push-and-beltones-moroccan-ticket\/"},"modified":"2026-02-02T00:00:00","modified_gmt":"2026-02-02T00:00:00","slug":"alexbank-blu-ev-launch-ev-microfinancing-haps-big-investment-push-and-beltones-moroccan-ticket","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/02\/alexbank-blu-ev-launch-ev-microfinancing-haps-big-investment-push-and-beltones-moroccan-ticket\/","title":{"rendered":"Alexbank, Blu EV launch EV microfinancing, HAP\u2019s big investment push, and Beltone\u2019s Moroccan ticket"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Alexbank, Blu EV to roll out electric two-wheeler financing for gig workers <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Alexbank and Orascom Investment Holding\u2019s Blu EV are developing a new <\/strong><strong>microfinancing model to move Egypt\u2019s delivery fleet to electric<\/strong>, which they say can increase riders\u2019 take-home pay by some 35%, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2026\/2\/63.pdf\" style=\"\" rel=\"noopener\">joint statement (pdf)<\/a>. The two signed an MoU for the program to provide simplified credit for electric motorcycles, specifically targeting those working in last-mile delivery and the gig economy.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters: <\/strong>The partnership addresses the primary friction point for commercial EV adoption \u2014 high upfront costs. By combining a 0% down payment with 36-month repayment plans and 48-hour credit approvals, the program lowers the barrier to entry for delivery riders and small business owners \u2014 who typically lack access to traditional bank credit \u2014 to make the move to electric that will ultimately save them money in the long run.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Hassan Allam Properties eyes EGP 14 bn of investments in 2026 + Europe, KSA expansions<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Hassan Allam Properties plans to invest EGP 14 billion in investments <\/strong><strong>dedicated to the construction of new and existing projects in 2026<\/strong>, CEO Mohamed Allam said at a presser. Allam explained that the company targets contractual sales ranging between EGP 30 bn and EGP 40 bn during the current year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The company is also currently studying several projects in Saudi Arabia\u2019s Riyadh and <\/strong><strong>Jeddah and in Europe <\/strong>as part of its plan to diversify its investment portfolio, he said. The projects would come in addition to its current eight projects and 4 mn sqm land bank.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">TotalEnergies partners with Nissan Egypt to manufacture oils and secure the after-sales market<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>T<\/strong><strong>o<\/strong><strong>talEnegi<\/strong><strong>es will manufacture motor oils branded and designed for<\/strong><strong> Nissan models in Egypt<\/strong> under a strategic partnership signed with the Egyptian arm of the Korean automaker, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2026\/2\/40.pdf\" style=\"\" rel=\"noopener\">joint statement (pdf)<\/a>. The move by the country\u2019s largest exporter of passenger vehicles isn\u2019t just about localization \u2014 it's about securing aftermarket sales, with TotalEnergies\u2019 national network of refuelling stations, service centres, and distributors set to carry the product along with a selection of other genuine Nissan spare parts.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Beltone participates in USD 15 mn funding round for Morocco\u2019s Yakeey<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Beltone<\/strong><strong> Holding\u2019s Beltone Venture Capital made an undisclosed strategic<\/strong><strong> equity investment in Morocco-based proptech startup Yakeey<\/strong>, as part of the startup\u2019s USD 15 mn Series A round, according to a <a target=\"_blank\" href=\"https:\/\/www.wamda.com\/2026\/01\/beltone-joins-15-million-series-round-moroccan-proptech-yakeey\" style=\"\" rel=\"noopener\">statement<\/a> from Beltone. Beltone joined international and regional investors in the round, including the International Finance Corporation, Enza, and 212 Founders.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The move comes as Beltone VC has been ramping up its activity in the Moroccan <\/strong><strong>entrepreneurial landscape as of late<\/strong> \u2014 having <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/06\/beltone-venture-capital-invests-in-moroccan-eyewear-brand-lnko\/\" style=\"\" rel=\"noopener\">invested<\/a> in Moroccan eyewear brand LNKO, <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/03\/beltone-venture-capital-exits-moroccan-logistics-platform-cathedis-with-a-100-irr\/\" style=\"\" rel=\"noopener\">exited<\/a> Moroccan last-mile delivery logistics platform Cathedis, and <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/30\/beltone-venture-capital-completes-its-first-direct-international-investment-in-french-velyvelo\/\" style=\"\" rel=\"noopener\">backed<\/a> e-bike rental company VelyVelo\u2019s expansion into the country.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>(** Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Plus: TotalEnergies and Nissan Egypt team up to manufacture oils, Hallan Allam Properties eyes KSA and Europe, Beltone invests in Morocco\u2019s Yakeey<\/p>\n","protected":false},"author":1,"featured_media":684725,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7209],"tags":[1139,111,144,7444,72,356,7087,3046,12200,145,2532,83,123,1990],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-684724","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-alexbank","tag-also-on-our-radar","tag-automotive","tag-beltone-venture-capital","tag-enterpriseam","tag-evs","tag-finance","tag-hassan-allam-properties","tag-localization","tag-logistics","tag-nissan","tag-real-estate","tag-startups","tag-totalenergies","wpautop","entry"],"acf":{"mongo_id":"e1c9b61f-c3d9-48e2-a729-bba72e8956ce","order":"12","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/2\/95.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Alexbank, Blu EV launch EV microfinancing, HAP\u2019s big investment push, and Beltone\u2019s Moroccan ticket","related_issue":[684703],"teaser":"Plus: TotalEnergies and Nissan Egypt team up to manufacture oils, Hallan Allam Properties eyes KSA and Europe, Beltone invests in Morocco\u2019s Yakeey"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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