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Mubadala, Saudi Billionaire Family Invest in Egypt’s Breadfast
Loni Prinsloo
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The United Arab Emirates’ $330 billion sovereign wealth fund, a Saudi billionaire family and Japan’s SBI Investment Co. have backed Egyptian startup Breadfast in its latest financing round, as the e-commerce company considers expanding into other African countries.
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The United Arab Emirates’ $330 billion sovereign wealth fund, a Saudi billionaire family and Japan’s SBI Investment Co. have backed Egyptian startup Breadfast in its latest financing round, as the e-commerce company considers expanding into other African countries.
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Source: Bloomberg Technology
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