Latest in Tag: EAEF Highlight

Latest in Tag: EAEF

EAEF Invests in Orchidia Pharmaceutics 

The Egyptian American Enterprise Fund (EAEF) announced acquiring a 46.5% stake in Orchidia Pharmaceutical Industries, the company announced a week earlier. Lorax Capital Partners (LCP), EAEF’s investment manager will organize fund transactions of staked owned by SPE Capital (formerly Swicorp Private Equity) and other minority shareholders. EAEF purchased 38% from SPE and 3% from the …

Nehal Samir

EAEF announces $10m investment in VC fund Algebra Ventures

The Egyptian-American Enterprise Fund (EAEF) announced on Wednesday that it invested $10m in a newly-launched venture capital fund, Algebra Ventures, which is expected to support between 20 to 25 start-ups with investments in the range of $0.5m to $4m. Algebra Ventures said in a statement that it seeks to back entrepreneurial teams with the vision …

Daily News Egypt

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