Day: October 28, 2026
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EIB Commits $37.5 Million as Egypt’s Tanmiya Capital Fund II Closes at $130 Million
The European Investment Bank has committed $37.5 million through EIB Global to Tanmiya Capital Fund II, helping the Egypt-focused investment fund raise $130 million for growing businesses.
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Madica Secures $6 Million From Flourish Ventures to Back More African Startups
Madica has secured an additional $6 million from Flourish Ventures to invest in 25 to 30 African startups over the next three years.