EFG Hermes

EFG Hermes, established in 1984, is a prominent investment bank in the Arab world, focusing on various financial services including securities brokerage, investment banking, asset management, private equity, and research. The firm is publicly listed on both the Egyptian and London stock exchanges. Recently, EFG Hermes acquired a 65% stake in Credit Libanais, marking a strategic move towards its transformation into a universal bank. This acquisition is expected to facilitate the firm's expansion into retail and commercial banking, enhancing its comprehensive financial service offerings in the region.

Moussa Karim

Managing Director Private Equity

Past deals in North Africa

Bedaya Mortgage Finance

Debt Financing in 2023
Bedaya Mortgage Finance is Egypt’s first non-bank mortgage provider offering digital mortgage financing facilities. The company offers seamless mortgage financing solutions for clients looking to purchase residential and commercial properties in Egypt.

Palm Hills Developments

Post in 2023
Palm Hills Developments is a real estate company based in Egypt that specializes in the development of integrated residential, commercial, and resort projects. The company focuses on creating vibrant communities within Egypt's new cities and urban areas. Its portfolio includes a variety of properties at different stages of development, such as the residential community Palm Hills October and the Palm Club, which offers sports and recreational facilities. Committed to enhancing the living experience, Palm Hills dedicates 70% of its project sites to lush vegetation and creative landscapes, aiming to transform clients' perceptions of their surroundings. The company also engages in the construction, ownership, and management of properties, while providing associated services and facilities.

Bedaya Mortgage Finance

Debt Financing in 2022
Bedaya Mortgage Finance is Egypt’s first non-bank mortgage provider offering digital mortgage financing facilities. The company offers seamless mortgage financing solutions for clients looking to purchase residential and commercial properties in Egypt.

KlickIt

Seed Round in 2021
KlickIt is a comprehensive platform focused on digitizing payment services in Egypt, addressing the challenges associated with cash-based transactions in various sectors, particularly education and sports. The company offers a fee management and digital collection solution that streamlines financial and operational processes for academic institutions and sports organizations. By facilitating the processing of substantial transaction volumes, KlickIt empowers its clients to manage payments effectively while enhancing customer engagement. The platform provides valuable insights into business operations through an intuitive interface, thereby supporting clients in navigating their financial activities more efficiently.

Dayra

Pre Seed Round in 2021
Dayra is an online financial platform that aims to provide essential financial services to unbanked gig workers and micro-businesses, primarily in Egypt. By leveraging API integration, Dayra enables companies to offer services such as virtual bank accounts, prepaid cards, and access to credit and loans. This approach allows businesses to seamlessly embed financial services into their existing operations, facilitating hassle-free and instant financing for their unbanked workers and customers. Dayra's offerings are designed to be more accessible and cost-effective than traditional lending options, addressing the financial needs of underserved populations.

Dayra

Debt Financing in 2021
Dayra is an online financial platform that aims to provide essential financial services to unbanked gig workers and micro-businesses, primarily in Egypt. By leveraging API integration, Dayra enables companies to offer services such as virtual bank accounts, prepaid cards, and access to credit and loans. This approach allows businesses to seamlessly embed financial services into their existing operations, facilitating hassle-free and instant financing for their unbanked workers and customers. Dayra's offerings are designed to be more accessible and cost-effective than traditional lending options, addressing the financial needs of underserved populations.

Bedaya Mortgage Finance

Funding Round in 2019
Bedaya Mortgage Finance is Egypt’s first non-bank mortgage provider offering digital mortgage financing facilities. The company offers seamless mortgage financing solutions for clients looking to purchase residential and commercial properties in Egypt.
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