We advised the sellers, Ayady Egypt for Investment & Development (Ayady), NI Capital Holding for Financial Investments (NI Capital), and Post For Investment (PFI), on the divestment of Tamweely Microfinance (Tamweely), Egypt’s leading microfinance provider, in a landmark deal exceeding EGP 2.5 billion by a consortium of investors, including SPE Capital , European Bank for Reconstruction and Development (EBRD), Tanmiya Capital Ventures (TCV), and British International Investment (BII).

This acquisition highlights international confidence in Egypt’s non-banking financial sector, promoting financial inclusion by enabling Tamweely to expand its services to underserved populations. It also marks a strategic exit for government entities, aligning with Egypt's policy to encourage private sector growth. With strong global backing, Tamweely is set for continued expansion, supporting MSMEs across the country.

Our team was led by partners Ahmed Abdelgawad and Ibrahim ElGengehy; ibrahim el messery, Senior Associate; and Soha Hussein, Associate.

Congratulations to Mohamed Metwally, Chief Executive Officer at NI Capital; Hazem Kamel, Managing Director - Private Equity at NI Capital; Soliman S. AlTayyar, Vice President - Private Equity & Venture Capital at NI Capital; and Sandra Wadei, Senior Investment Analyst at NI Capital. We also extend our congratulations to Ayady, PFI, and Tamweely.

We are pleased to have worked alongside our colleagues Ahmed Eloraby, partner at SPE, and Farida Abaza, Associate at SPE, as well as Hani Nassef, parner at Helmy, Hamza & Partners - Baker McKenzie; Bassem Abdelrahman, Counsel at Helmy, Hamza, & Partners - Baker Mckenzie; and Hayna Abdelrahim, Associate at Helmy, Hamza, & Partners - Baker Mckenzie; and our colleagues at A&O Shearman, English Counsel to the sellers, on this groundbreaking deal.

For more information, check out Amwal Al Ghad - اموال الغد's coverage here and the Ministry of International Cooperation's coverage here.