MSMEDA, EIB back $130M Tanmiya Capital Fund II to boost Egypt’s entrepreneurship ecosystem
· Egyptian market news · ARAB
The Micro, Small, and Medium Development Agency (MSMEDA) has participated in Tanmiya Capital Fund II (TCVII), alongside the European Investment Bank (EIB) and other global financial institutions, according to a statement.
Mostafa Ismail Hassan, CEO of MSMEDA, commented: “We believe TCVII will channel much-needed growth capital and expertise to businesses with real potential to expand…
Source: Arab Finance — read the original story