Latest News Egypt
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.
Logistics
22/11/2022 at 21h22, by Africa Business+
Why Maersk, Hutchison, Evergreen, CMA CGM and Hapag-Lloyd are expanding port projects in Egypt
With the latest announcement – the extension of the large container terminal of Port-Saïd operated by...
Bank
14/11/2022 at 17h43, by Africa Business+
Banque Misr receives $160m financing from AfDB and PBOC
Egypt’s second-largest bank will use the liquidity partly provided by the pan-African bank and China...
Bank
31/10/2022 at 17h38, by Africa Business+
Tarek Fayed-led Bank of Cairo looks to strengthen microfinance activity
The head of the Egyptian institution intends to develop the supply of loans to under-banked populations...
Oil & Gas
26/10/2022 at 16h00, by Africa Business+
Vaalco CEO George Maxwell: “We will maximise production in Egypt and Gabon. »
The head of the Texas-based oil junior told Africa Business+ about the recent merger with Transglobe...
Construction & Infrastructure
20/10/2022 at 17h10, by Africa Business+
Hassan Allam Holding Co’s Legacy Development tasks Brunswick with launch of the Grand Egyptian Museum
The Grand Egyptian Museum (GEM) is a flagship project of the Egyptian government to promote the cultural...
Private Equity
13/10/2022 at 14h37, by Africa Business+
Alta Semper has new fund in pipeline for 2023
The investor has had several recent successes in the healthcare sector and plans to set up a second...
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