The Meridian

e-finance acquisition of Tamweely Financial Services (microfinance)

1 August 2026 Public record

Value
US$95m
Date
1 August 2026
Transaction type
Acquisition
Practice area
Mergers and Acquisitions
Sector
Fintech
Jurisdiction
Egypt
Client
e-finance (Egypt)

Summary

e-finance acquisition of Tamweely Financial Services (microfinance).

Transaction valued at approximately US$95m; completion subject to Financial Regulatory Authority and Egyptian Competition Authority approvals, expected in H2 2026. Zulficar & Partners advised e-finance as lead transaction counsel on all aspects of the transaction, including structuring, due diligence, regulatory approvals and the transaction documents, alongside EFG Hermes as financial adviser to e-finance (legaleraonline.com, 17 August 2026: https://www.legaleraonline.com/global-deals/zulficar-partners-advised-efinance-tamweely-acquisition-988860).

Why it matters

3 – Impactful (significant / value undisclosed)

Scope of legal work

Matouk Bassiouny & Hennawy (legal adviser to the selling consortium; team led by Tamer El Hennawy and Hazem El Guindi); Zulficar & Partners (legal adviser to e-finance as lead transaction counsel, reported August 2026)

Advisers

LawyerFirmRole
Tamer El HennawyMatouk Bassiouny & HennawyLead partner
Hazem El GuindiMatouk Bassiouny & HennawyTeam member (title not stated)

Other parties

e-finance (Egypt) (acquirer or investor); Tamweely (sold by SPE Capital, EBRD, Tanmiya Capital Ventures and BII) (counterparty or target)

Other advisers

Dentons; Stephenson Harwood; BLC Robert & Associates; PwC; EFG Hermes (financial adviser to e-finance)

Sources

Compiled by Meridian from the public announcements and filings listed under Sources.

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