EFG Hermes advises on AfricInvest-led alliance’s exit from MDP
Updated 8/10/2025 2:46:00 PM
Arab Finance: EFG Hermes, an EFG Holding Company, has advised on the exit of a consortium led by AfricInvest from Masria Digital Payments (MDP), according to a press release.
The transaction was implemented by the sale of the alliance’s stake to a distinguished investor consortium led by Lorax Capital Partners (LCP) and backed by global development finance institutions.
These institutions include the International Finance Corporation (IFC), the European Bank for Reconstruction and Development (EBRD), and Proparco.
It is worth highlighting that the deal builds on EFG Hermes’ partnership with MDP, following its original advisory role in 2020 on the investment of AfricInvest into the company.
Since then, MDP has evolved into a market leader in integrated payments infrastructure, offering card issuing, processing, and cloud-native digital solutions to more than 200 banks and 60 fintech players across the MENA region.
Mostafa Gad, Global Head of Investment Banking at EFG Hermes, said: “From the entry of AfricInvest in 2020 to this landmark exit in 2025, we’ve been proud to serve as a trusted partner in a journey that has seen MDP scale into a regional fintech champion. This transaction reaffirms our leading position in advising high-impact digital infrastructure deals across MENA and Africa.”
Oh his part, Ahmed Nafie, Co-Founder and CEO of MDP, commented: “This transaction reflects the strong foundation we’ve built together and sets the stage for continued growth and innovation in digital payments across the region.”
Meanwhile, Ismail Talbi, Senior Partner at AfricInvest, indicated: “Our partnership with EFG Hermes has contributed to the success of our investment in MDP. Their guidance during our entry in 2020, and again through this exit, reflects a deep understanding of both the payments space and the regional investment landscape. Their role has been key in driving a successful exit and reinforcing MDP’s position as a fintech leader in the MENA region.”
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