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TFSE plans 3 new sub-funds across education, agriculture & healthcare

Ayman Soliman stated that the three funds come to take advantage of the investment opportunities available in the Egyptian market and attract more investments.

By: Business Today staff

Mon, Feb. 19, 2024

The Sovereign Fund of Egypt (TSFE) is gearing up to launch three sub-funds targeting key sectors: education, agriculture, and healthcare. This ambitious initiative was unveiled by TSFE CEO Ayman Soliman, signaling a significant push towards attracting investments and driving developmental projects in the country.

Ayman Soliman stated that the three funds come to take advantage of the investment opportunities available in the Egyptian market and attract more investments.

He pointed out that the Egyptian education sector has great opportunities to attract investments, whether local or foreign, to increase classrooms, in addition to attracting the private sector to invest in the pre-university and university education sector.

Soliman highlighted the pivotal role of education in shaping human capital and driving innovation, stressing the need for targeted investments to enhance educational infrastructure and promote lifelong learning.

TSFE already has a Tourism, Real Estate & Antiquities Subfund, and an Infrastructure & Utilities Subfund, a Healthcare & Pharma Subfund, a Financial Services & Fintech Subfund and a Pre-IPO Subfund.