Avanz Capital Egypt Establishes Avanz Manara
March 28, 20223 min
Avanz Capital Egypt announced today the establishment of Avanz Manara for Private Equity, Company Limited by Shares (Avanz Manara), an investment holding company established under the oversight of the Financial Regulatory Authority. Avanz Manara supports the growth of small and medium enterprises (SMEs) in Egypt and is designed to help Egyptian banks meet the Central Bank of Egypt’s requirement to provide financing to Egyptian SMEs. Avanz Manara will work in partnership with the growing number...