Latest News Egypt

Bank

10/05/2022 at 15h50, by Africa Business+

Matouk Bassiouny and Helmy, Hamza and Partners help to seal first deal in Egypt for Amethis

The private equity firm, associated with the EBRD and Spe Capital Partners, has acquired the leasing...

New technologies

27/04/2022 at 13h30, by Africa Business+

Huawei deploys Spark startup programme in Morocco, Tunisia and Egypt

The Chinese information and communication technology giant is replicating in North Africa its Spark...

Health

28/03/2022 at 15h44, by Africa Business+

KELIX bio’s Hocine Sidi-Saïd: “We are looking closely at Algeria for an acquisition at the end of 2022”

The head of the pharmaceutical platform launched with DPI funding talked to Africa Business+ after the...

Office Accommodation

22/03/2022 at 16h41, by Africa Business+

Mezzanine fund Vantage Capital enters Cairo real estate via Compass Capital

The South African-based debt specialist, led by Luc Albinski, is providing $10 million in financing...

Advisory

15/03/2022 at 17h06, by Africa Business+

Vicat and Cairo agree on a trio to arbitrate the dispute 

The French cement group and the local authorities have decided before the ICSID on the tribunal’s constitution...

New technologies

10/03/2022 at 15h37, by Africa Business+

Fintech Kolleno in talks with Old Mutual and Liberty Finance, targeting Nigeria, Egypt and Algeria

The UK-based company, headed by Dimitri Raziev and specialising in accounts receivable management for...

Renewable energies

08/03/2022 at 14h56, by Africa Business+

IFC supports Amea Power on Egypt’s largest solar project

The financial institution will provide $100 million to the 500 MWp Abydos Solar project led by the Dubai-based...

Private Equity

24/02/2022 at 17h18, by Africa Business+

Amethis, SPE Capital and EBRD await takeover of GlobalCorp 

The trio awaits the COMESA regulator’s response to finalise the transaction with Ezdehar and KfW. 

Bank

23/02/2022 at 16h24, by Africa Business+

Qatar National Bank divests from Egyptian Senouhi Company for Construction Materials

The construction materials production and distribution company previously belonged to Société Générale.

Renewable energies

17/02/2022 at 15h07, by Africa Business+

Green bond: FMO invests $100 million to underwrite Scatec’s Benban Solar Park

Another European institution has agreed to participate in the landmark issue for the massive Egyptian...

New technologies

15/12/2021 at 19h14, by Africa Business+

Fawry founder Mohammed Okasha completes funding round for DisrupTech Ventures

The founder of Fawry is about to close his first fund dedicated to start-ups.

New technologies

09/12/2021 at 18h06, by Africa Business+

Ashraf Zaki’s Lorax Capital Partners secures $18 million from DEG

The private equity firm, which had bet on Fawry, is approaching its final closing for its $250 million...

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