Sovereign Fund of Egypt (TSFE) Establishes USD63.5m Fund Managed by Actis

Source(s): Africa Global Funds

The Sovereign Fund of Egypt (TSFE) and global growth market investor Actis have signed a memorandum of understanding (MOU) to help attract and steer private investment into Egypt and to cooperate in energy and infrastructure projects. The fund has a paid-in capital of EGP1b (USD63.5m). Read more»