Egypt launches $109 million Avans Manara fund of funds
- Date: 29-Mar-2022
- Source: Wamda
- Sector:Financial Markets
- Country:Egypt
Egypt launches $109 million Avans Manara fund of funds
Source: Daily News Egypt
A number of local institutions and banks have launched the “Avans Manara” fund to invest in funds supporting small and medium enterprises (SMEs).
The participating banks are Banque Misr, National Bank of Egypt (NBE), Banque du Caire, Ahli United Bank, Suez Canal Bank, United Bank, and Attijariwafa Bank, in addition to the Misr Insurance Holding Company and Avans Capital Group.
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