Egyptian private equity firm B Investments to invest $67.3m in health and food sectors in 2023

Egyptian private equity firm B Investments plans to invest 2 billion Egyptian pounds ($67.3 million) in the health and food sectors in 2023, revealed the company’s top executive.  

The company’s chairman of the board of directors Hazem Barakat disclosed to Asharq that the new investments will be financed by making exits from some of its existing assets. He revealed that the company intends to complete the acquisition deal in the healthcare sector before the end of the first quarter of 2023.  

As for the second deal regarding the food sector, it is projected to be implemented during the second quarter of the year, the chairman of the board of directors added.