Avanz Capital Egypt plans up to $60 million for new investment vehicle
Avanz Capital Egypt plans to set up a new investment company with up to 3 billion Egyptian pounds ($60 million) in capital to back industrial businesses and support exports as it expands in Egypt.
Avanz Capital Egypt plans to establish a new investment company with up to 3 billion Egyptian pounds ($60 million) in capital to back industrial businesses and support exports, as the private equity asset management firm expands its investments in Egypt. The new vehicle, called…