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DPI

EBRD and partners acquire Egypt’s Adwia Pharmaceuticals

1 min read

The FINANCIAL — The European Bank for Reconstruction and Development (EBRD) is joining forces with reputable partners to improve the availability and affordability of medicines, using an investment platform with an initial capital commitment of US$ 250 million. The EBRD is committing US$ 75 million to support the company’s growth in Egypt, alongside Development Partners International (DPI), a pan-African private equity firm which is committing US$75 million, and CDC Group, a development finance institution funded by the UK government, with US$ 100 million commitment. As a first step for the investment platform the partners have acquired Adwia Pharmaceuticals, an Egyptian manufacturer…

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EBRD and partners acquire Egypt’s Adwia Pharmaceuticals

1 min read

The FINANCIAL — The European Bank for Reconstruction and Development (EBRD) is joining forces with reputable partners to improve the availability and affordability of medicines, using an investment platform with an initial capital commitment of US$ 250 million. The EBRD is committing US$ 75 million to support the company’s growth in Egypt, alongside Development Partners International…