Investment Management

Launch of the National Investment Charity Education Fund Announced in Al Ahram

By | Investment Management | No Comments

The National Investment Charity Education Fund is an investment vehicle established to create sustainable support to enhance the quality of the education system and support the education reform program currently underway by the MoE; ultimately transforming the youth for a better future.

NI Capital’s investment management arm is managing the fund; setting up its mechanics, investment strategy, and operating with a solid governance structure that administers charitable work and waqf in an institutional and professional manner.

Ayady Proud Partners of the First Startupbootcamp FinTech Accelerator Program

By | Investment Management

With the conclusion of the first Startupbootcamp FinTech Accelerator Program, it is important to look at the impact Ayady’s partnership has made on the development of the startups.

The startups that showcased their ideas at the Demo Day were:

Clix: Peer-to-peer money transfer

Compareha: Online marketplace for financial products

ElGameya: Peer-to-peer savings tool

El Zatona: Cloud-based retail management system

Fawaterak: Billing and online payment service

Neqabty: Platform for automated syndicate services

Netsahem: Fundraising platform for charities

Seventail: Open-source SaaS for local merchants

XPay: Platform and mobile app for smart, cashless communities

Youspital: Digital healthcare services platform

NI Capital is keen to support aspiring fintech innovators working inline with Ayady’s vision to create sustainable, developmental impact – financial inclusion, job creation and access to finance.

Ayady Partners with Startupbootcamp to Bring the First of its Kind FinTech Accelerator Program to Cairo

By | Investment Management

Ayady for Investment and Development partners with Startupbootcamp to bring to Cairo the world’s best FinTech accelerator. Vice President of Private Equity at NI Capital, Aly Tawfik shared Ayady Egypt‘s vision for sustainable development at Startupbootcamp‘s launch event among a group of renowned program partners and participating startups.

“Ayady is a firm believer of the potential FinTech holds to change the entire dynamic of the non-banking financial services industry. We are keen to empower entrepreneurs to develop their ideas to ultimately shape the ecosystem in which we all operate. Our support of this one of a kind accelerator program in Cairo asserts our commitment to promoting sustainable development goals including financial inclusion, access to finance and job creation.”

Ayady Egypt is one of a number of industry giants, partners to SBC Cairo FINTECH Program, including the International Finance Corporation (IFC), Pharos Holding for Financial Investments, ALEXBANK, German Agency for International Cooperation and Sustainable Development (GIZ), Visa, Sanad’s Entrepreneurship Academy, and Export Development Bank Of Egypt (EBE).

Ergo, Awards the Third Creative Media Ventures Prize at CIFF

By | Investment Management

Ergo, Media Ventures Manager, Gamal Guemeih awarded the 3rd Creative Media Ventures prize to Producer Ali Hammoud for his film Crystal House at the Cairo Film Connection award ceremony which took place during the Cairo International Film Festival.

Ergo, is an Ayady Egypt media investment company managed by NI Capital which focuses primarily on investing in digital and traditional media content, distribution and enablers to support and empower promising talents, ultimately advancing the media and film industries.

The Creative Media Ventures Prize is a grant awarded by Ergo, to aspiring talents looking to produce and distribute their film projects locally, regionally and ultimately globally to advance the media and film industries. The CMV prize was awarded twice at both editions of El Gouna Film Festival as a form of empowerment to show the company’s commitment to the advancement of the media industry.

For the second consecutive year, Creative Media Ventures sponsors El Gouna Film Festival’s Cinegouna platform with a $10,000 prize

By | Investment Management

For the second consecutive year, Creative Media Ventures sponsors El Gouna Film Festival’s Cinegouna platform with a $10,000 prize

Creative Media Ventures is a EGP 250 mn media fund managed by NI Capital which focuses primarily on investing in digital and traditional media content, distribution and enablers to support and empower promising talents ultimately advancing the media and film industries.

NI Capital and Ayady Launch Creative Media Ventures “Ebda3” to Invest in Media and Media Technology

By | Investment Management

Ayady for Investment and Development and NI Capital, the investment arm of the National Investment Bank and investment Manager of Ayady, have established Creative Media Ventures (Ebda3) LLC, a media technology fund, with 250 million Egyptian Pounds as seed capital. The company will invest in the digital and media tech sector as well as traditional media to enhance Egypt’s position in the media.

Creative Media Ventures aims to invest in the media sector in order to develop the sector and contribute to increasing the economic returns of media sector in the national GDP.” said Osama Saleh, Chairman of Ayady for Investment and Development. He added that the introduction of technology to the sector and investment in its pioneers will restore Egypt’s position in the media to its previous glory.

Creative Media Ventures will focus on investing in emerging and fast-growing companies in the technology media sector, which has significant growth opportunities in line with the global trend of investments.” said Ashraf Ghazaly, CEO and Managing Director of NI Capital.


NI Capital and Ayady Award The Creative Media Ventures “Ebda3” $10,000 prize at El Gouna Film Festival (GFF)

By | Investment Management

NI Capital and Ayady awarded Egyptian film Abu Zaabal 1988 the Creative Media Ventures “Ebda3” $10,000 prize at the CineGouna Springboard awards ceremony at El Gouna Film Festival (GFF). Ebda3 is a $14m Ayady media venture capital fund managed by NI Capital with a primary focus on investing in media and media tech startups and fast-growing businesses.


NI Capital, Ayady and Post for Investments Launch Tamweely for Microfinance

By | Investment Management

Ayady for Investment and Development, NI Capital, the investment arm of the National Investment Bank, and Post for Investments have joined forces to establish Tamweely for Microfinance with an issued capital of EGP 50mn and an authorized capital of EGP 500mn. Tamweely for Microfinance offers full-fledged financial products and services backed by technology solutions to channel finance to individuals and micro-enterprises, thus promoting financial inclusion and contributing to job creation in line with Egypt’s Vision 2030.

Taweely for Microfinance is led by a strong group of renowned board members comprised of shareholder representatives and independent members. Independent board members include Amr Abo El Azm, Board Member at SME Development Authority and The International Council for Small Business (ICSB), Moataz El Tabaa, Ex Chairman of the Egyptian and the Global Microfinance Network, and Ayman Ismail, Founder of AUC Venture Lab, and Chairman of a financial technology company. These members bring extensive experience in the fields of microfinance, banking, social impact and financial technology to the company.

Ayady for Investment and Development Chairman, Ossama Saleh said, “Taweely for Microfinance aims to support and finance high potential micro-business prospects with a focus on upper Egypt and delta. Tamweely is a promising addition to Ayady’s investment portfolio aiming to invest in economically viable projects which have developmental impact on job creation, access to finance and financial inclusion”

NI Capital Chief Executive Officer and Managing Director, Ashraf Ghazaly said, “Tamweely for Microfinance is an important milestone in our non-banking financial services platform. We are committed to providing and developing finance and capital channels with an aim to support the growth and development of the Egyptian economy.”

Post for Investment (PFI) Chief Executive Officer said, “Post for Investment is one of the most important investment arms of the Egyptian Postal Authority and we are keen to optimize the usage of our wide spread unique modeling network of geographic distribution post offices in Egypt to bring Tamweely for Microfinance to the largest number of clients and beneficiaries with ease especially in the Delta and Upper Egypt.”