Tanmiya Capital Fund II announces $130 million final close
EIB Global’s $37.5 million commitment supports a growth-capital fund for established Egyptian businesses.
The European Investment Bank announced on October 26, 2026 that Tanmiya Capital Fund II had reached a $130 million final close. EIB Global committed $37.5 million, alongside backing from the Egyptian-American Enterprise Fund, EBRD, IFC and MSMEDA.
Managed by Tanmiya Capital Ventures, the fund provides expansion capital and operational support to Egyptian businesses across healthcare, training, fintech, consumer goods, logistics and transport. It expects to build a portfolio of six to eight companies.
Use of funds
Provide growth capital and operational support to established Egyptian businesses