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International consortium backs Damietta port in Egypt: US$ 455 million financing package from EBRD, IFC, AIIB, DEG and Proparco

Tag
Infrastructures
Egypt
damietta egypte proparco investment
• EBRD, IFC, AIIB, DEG and Proparco to provide a US$ 455 million financing package to Damietta Alliance Container Terminals.
• Co-financing to develop the superstructure of a second container terminal in Damietta Port in Egypt.
• Financing will also support vocational training for residents living near the port with a focus on creating gender inclusive jobs.
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Almouneer - the digital transformation platform revolutionising Middle East and Africa Healthcare - raises $3.6 Million in Seed round

Tag
Innovative start-ups
Health
Multi-Country
Egypt
almouneer proparco egypt
Seed round led by Global Ventures, plus leading international investors - Proparco and Digital Africa through the Bridge Fund (FRA) and Wrightwood Investments (UK) - and other international funds.
Proceeds to further develop DRU - Almouneer’s patient-centric platform - treating pre-diabetes, diabetes and obesity.
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