Egypt's Tanmiya Capital Closes $130 Million Fund Backed by EIB, IFC and EBRD

Egypt's Tanmiya Capital has closed a $130 million fund backed by the European Investment Bank, IFC and the European Bank for Reconstruction and Development, signalling strong multilateral development finance confidence in Egyptian private markets. The fund adds to the pool of DFI-backed capital available for deployment in Egypt's technology and growth sectors.