3 posts found.
Selected Category: Middle East
Finnfund to participate a European financing package to support COVID-19 impacted businesses
Finnfund, a Finnish development financier and impact investor, invests EUR 10 million in a financing scheme of eleven members of EDFI, the Association of European Development Finance Institutions, and the European Investment Bank (EIB) to reduce negative impacts of the COVID-19 pandemic on economy and employment in developing countries. The financing package of EUR 280 […]
Read moreNovember 9, 2020
Finnfund finances development of high-quality hospitals in Egypt and Morocco
Finnfund supports the development of high-quality hospitals in Egypt and Morocco together with other international financial institutions. Finnfund’s share of the total 125 million US dollar financing facility is 18,75 million. Thanks to the financing Humania, a private healthcare company, will be able to expand health services and improve medical care in Morocco and Egypt […]
Read moreFebruary 18, 2020
Finnfund invests USD 19 million in Zain Iraq to rebuild Iraqi network
Finnfund today announced a USD 19 million loan to Iraq’s leading mobile network provider Atheer Telecom Iraq, known by its brand name Zain Iraq. Zain Iraq, a member of Kuwait-based Zain Group, has been operating in Iraq since 2004. The financing allows Zain Iraq to modernize its network in Northern Iraq as well as enhancement […]
Read moreJune 26, 2018