
Fawry’s General Assembly considers approving EAEF loan to its microfinance arm
Company’s General Assembly also discusses initial financing offer from Banque Misr valued at EGP 150m
Company’s General Assembly also discusses initial financing offer from Banque Misr valued at EGP 150m
Nour & partners in association with Al Tamimi & co serve as advisors to transaction
The Egyptian American Enterprise Fund (EAEF) announced acquiring a 46.5% stake in Orchidia Pharmaceutical Industries, the company announced a week earlier. Lorax Capital Partners (LCP), EAEF’s investment manager will organize fund transactions of staked owned by SPE Capital (formerly Swicorp Private Equity) and other minority shareholders. EAEF purchased 38% from SPE and 3% from the …
When our fund is liquidated in 10 years, the profits will be shared with the Egyptians in a legacy foundation that could be invested in hospitals and education, says Harmon
The Egyptian-American Enterprise Fund (EAEF) announced on Wednesday that it invested $10m in a newly-launched venture capital fund, Algebra Ventures, which is expected to support between 20 to 25 start-ups with investments in the range of $0.5m to $4m. Algebra Ventures said in a statement that it seeks to back entrepreneurial teams with the vision …