
Banque Misr invests $80.5m in Afreximbank’s capital increase
The investment has made Banque Misr the largest non-sovereign shareholder of Afreximbank. This equity investment is a positive and strategic response to the ongoing general capital increase by Afreximbank. Banque Misr has thereby increased its stake in Afreximbank from 3.1% to 5.8%.