Urgent.News

What's breaking now, across thousands of outlets.

Business

Egypt's Tanmiya Capital closes $130 million fund backed by EIB, IFC and EBRD

Egypt-based private equity firm Tanmiya Capital Ventures (TCV) has announced the final close of its second fund at $130 million, exceeding its $120 million target, following a $37.5 million commitment from the European Investment Bank (EIB) through its development arm, EIB Global. The fund is backed by international and local institutional investors, including the Egyptian-American Enterprise…

We haven't written up this one. Wamda has the full story — the link below goes straight to it.

Read the original at wamda.com →

More in Business

More from Wednesday 28 October →