After building up a sizeable portfolio of European renewable energy assets through three major deals, EFG Hermes-backed Vortex Energy now has its sights set on consolidating its position, with one eye also on the possibility of supporting a developer
Egypt’s economic reform package – including several interest rate hikes, the elimination of energy subsidies, and the float of the Egyptian pound – is having a profound impact on businesses operating in the country and the region.
EFG Hermes’ push to expand beyond MENA into frontier markets in Asia and sub-Saharan Africa is being led by its Securities Brokerage division.
The Co-Head of EFG Hermes Investment Banking, Mohamed Fahmi reflected on the achievements of the past months, and discussed trends and prospects for M&As and ECMs in 2H17.