Latest News Egypt
Bank
27/04/2023 at 17h48, by Africa Business+
EBRD preferred by Mohamed el-Etreby, Banque Misr
Egypt’s second-largest Bank is turning to development institutions to fund itself and expand its SME...
News
21/04/2023 at 13h56, by Africa Business+
Egypt: Centamin negotiates agreement to connect to national electricity grid
The diesel bill of Egypt’s largest industrial gold producer soared by 74% in 2022 compared to 2021....
Consumer goods
14/04/2023 at 16h38, by Africa Business+
Textiles : IFC to finance Hela Apparel Holdings in East Africa
The financial arm of the World Bank is working on a loan of up to $20 million to the Sri Lankan producer,...
Private Equity
13/04/2023 at 15h33, by Africa Business+
EFG Hermes and Coca-Cola executives lead TCV moves on second vehicle
The trio of investors, from large Egyptian and international groups, are targeting midcap companies...
Energy
27/03/2023 at 16h07, by Africa Business+
Norton Rose Fulbright’s Chris Down is on deck to advise Infinity Power on acquiring Lekela Power
The London-based international law firm has assembled an expanded team to advise the energy group Infinity...
Construction & Infra
20/03/2023 at 16h56, by Africa Business+
AWID, Metito and BII joint venture, targets Egypt and Rwanda
Africa Water Infrastructure Development (AWID) aims to develop, finance and operate climate-resilient...
Rail transport
22/02/2023 at 19h02, by Africa Business+
France’s NGE to build 330 km of Egypt’s high-speed rail line
Nouvelles Generations d’Entrepreneurs (NGE), the French construction and civil engineering company and...
Private Equity
02/02/2023 at 18h04, by Africa Business+
Private equity firm Ezdehar suspends deal in Egypt, aiming to be more “selective” in the future
The local fund manager, which closed its fund at $170 million last year, is anticipating future turmoil...
Development Bank
01/02/2023 at 18h12, by Africa Business+
Alexandria Metro: EIB structures €750 million loan for line conversion
The European Investment Bank is structuring a new financing line to convert the train line into a metro...
New technologies
27/01/2023 at 16h46, by Africa Business+
IFC injects $40 million into MNT Investments BV to grow MNT-Halan
The new equity investment will support the growth of Dutch company MNT Investments BV, which operates...
Commercial banking
03/01/2023 at 17h00, by Africa Business+
Bank of Alexandria secures European Investment Bank backing
This is the second advance from the development institution in five years.
Private Equity
07/12/2022 at 21h23, by Africa Business+
Sawari Ventures wants to establish itself as a VC leader with $250 million vehicle
Egypt’s venture capital pioneer plans to launch an unprecedented-sized fund on the continent.
More Sectors
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.