SPE CAPITAL Acquired Tamweely Microfinance

  • Sector Business & Financial Services
  • Date completed 8.09.2024
  • Client SPE CAPITAL
  • Country -
  • Target Tamweely Microfinance
  • Country -

A consortium of investors comprising SPE PEF III (SPE Capital), the European Bank for Reconstruction and Development (EBRD), Tanmiya Capital Ventures (TCV) and British International Investment (BII) has fully acquired Tamweely Microfinance S.A.E (Tamweely), the leading non-banking financial services company in Egypt specializing in serving micro, small and medium enterprises (MSMEs), from its current shareholders: Ayady for Investment & Development S.A.E, NI Capital Holding for Financial Investments S.A.E , and Post for Investment Company S.A.E., in a deal exceeding EGP 2.5 Billion.

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