EIB Invests $37.5 Million in Tanmiya Fund, Which Closes at $130 Million
The European Investment Bank, through EIB Global, invested $37.5 million in Tanmiya Capital Fund II to expand growth-capital access for established Egyptian SMEs.
By Staff WriterThe European Investment Bank (EIB), through its development arm EIB Global, has invested $37.5m in Tanmiya Capital Fund II to expand access to growth capital for established small and medium-sized enterprises (SMEs) in Egypt.The investment was announced at a ceremony in Cairo attende…