Edafa Venture Capital targets $30M investment in Egypt by 2027

Updated 12/1/2024 8:38:00 AM
Edafa Venture Capital targets $30M investment in Egypt by 2027

Arab Finance: Edafa Venture Capital plans to invest $30 million in the Egyptian market over the next three years, CEO Essam Ali told Asharq Business.

Ali revealed that the company will initiate this investment push by injecting $13 million in 2025.

Edafa Venture Capital, which currently has stakes in 21 Egyptian companies, is focusing on expanding its portfolio in the country.

Ali highlighted that the firm has received acquisition requests from 1,200 companies across various sectors.

However, the company’s strategy is selective, aiming to acquire 13 firms by the end of 2024, the CEO noted. 

 

Related News