The funding consists of a $200 million direct loan from IFC and up to $50 million mobilized through the managed co-lending portfolio …
IFC
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Bank linked to Tanzanian billionaire brothers partners with IFC for financial inclusion in East Africa
CRDB Bank is owned in part by Aunali and Sajjad Rajabali.
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Elsewedy Electric, an Egyptian international electrical corporation, was founded in 1938 by the El Sewedy family.
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Egyptian investor Tarek Assaad’s VC firm, Algebra Ventures, secures $15 million in funding from World Bank
Assaad is also the managing partner of Ideavelopers, where he has managed $50 million in investments since 2009.