EIB invests $37.5 million in Tanmiya Capital Fund II to boost SME growth in Egypt

The European Investment Bank (EIB), through its development finance arm EIB Global, has committed $37.5 million to Tanmiya Capital Fund II, strengthening efforts to expand access to growth financing for small and medium-sized enterprises (SMEs) across Egypt. The investment played a key role in helping the fund achieve a final close of $130 million, surpassing its original fundraising target of $120 million. The successful fundraising highlights strong international and domestic investor confiden