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Sawari Ventures raises US$71M for investing in Egyptian startups

In a press release shared on Wamda, the Sawari Ventures fund has raised a new round of commitments worth $28 million acquired from the Misr Insurance Group, National Bank of Egypt, Suez Canal Bank, Kuwait Investment Authority’s Ekuity, Banque Misr, and Banque du Caire. The fund previously closed $41 million…

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