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Banque Misr Entrusts DPI Venture Capital to Propel Africa's Largest Fintech Fund Forward | Brief

Published 1 day ago1 minute read
  • Launched with support from the Central Bank of Egypt, Nclude is backed by major Egyptian banks and financial service LPs, including e-Finance Investment Group, EBC, and Mastercard.

  • The fund is allowed to invest up to 30% of its commitments in companies across the wider Middle East and Africa, further strengthening Egypt's status as a fintech hub.

  • Hisham Okasha, CEO of Banque Misr, emphasized the fund's critical role in supporting venture capital and integrating fintech companies into the bank's ecosystem.

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