Egypt: EIB proposes investment in Tanmiya fund
The European Investment Bank has disclosed a proposed equity investment of $38 million in the Tanmiya Capital Ventures Fund II.
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The European Investment Bank has disclosed a proposed equity investment of $38 million in the Tanmiya Capital Ventures Fund II.
This fund seeks to support private sector development in Egypt and is expected to foster trade between the EU and Egypt.
The fund has a target size of $150 million.
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