International Investor Consortium Acquires AfricInvest’s Stake in Egypt’s MDP

Cairo 10 August 2025:

AfricInvest has successfully completed a full and strategic exit from Misr Digital Payments (MDP), a leading payment infrastructure provider in the Middle East and North Africa, through the sale of its entire stake to a consortium of major investors led by Lorax Capital Partners and backed by global development finance institutions.

The consortium includes the International Finance Corporation (IFC), the European Bank for Reconstruction and Development (EBRD), and Proparco.

The transaction marks the culmination of a strategic partnership that began in 2020 when AfricInvest acquired a stake in MDP through a deal advised by EFG Hermes as financial advisor. The investment accelerated MDP’s growth, positioning it as a pioneering provider of innovative digital solutions serving over 200 banks and 60 fintech companies. MDP has an impressive track record of processing over one billion transactions and issuing more than 350 million cards.

Ahmed Nafea, Co-CEO of MDP, described the deal as a “milestone” that opens new horizons for growth and innovation in the digital payments sector, emphasizing EFG Hermes’s pivotal role in attracting strategic investors since AfricInvest’s entry in 2020.

Ismail Talbi, Managing Partner at AfricInvest, affirmed that the successful exit was the result of an effective partnership with EFG Hermes and a testament to MDP’s strength as a regional fintech leader.

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