European DFI backs Egyptian online jobs listing platform
The European Bank for Reconstruction and Development (EBRD) has approved a follow-on investment in Egypt's Basharsoft, an online job listing platform.
The investment of about $4 million is part of the EBRD's Venture Capital Investment Programme, which targets innovative and high growth SME largely under-serviced by the very limited venture capital community in the region.
Basharsoft operates the leading Egyptian online job listing platforms and provides additional software products to connect Egyptian job seekers to jobs and help employers manage the recruitment process.
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