Beltone Investment Holding, a subsidiary of Beltone Holding, a financial institution based in Egypt, has launched a $100 million private credit platform tailored for Egyptian export champions. This initiative aims to support businesses across various sectors, from traditional industries to emerging ones like artificial intelligence and manufacturing.
The platform, offering services such as working capital finance and cashflow discounting, has received all necessary licenses and regulatory approvals and secured initial funding through a $100 million loan from Beltone’s anchor shareholder.