Our Firm

Overview

Nile Holding for Development and Investment (NDI) is a joint-stock company established as a mid-market private equity investment firm with the mandate to invest in Sub-Saharan Africa (SSA).

NDI aims to enhance Egypt's investment role by channeling most of its investment into Sub-Saharan Africa through direct investments. We seek to be an effective partner in the sustainable development process in the region, taking into consideration the respective country and sector risks of targeted opportunities.

We generally focus on promising opportunities with adaptability to value creation, allowing us to create lucrative value on realization.

Investors

Our investors represent Egypt’s healthiest financial institutions. Our strong shareholder base provides us with solid financial support and a unique advantage that undoubtedly serves us well in our investment model.

Our shareholding structure is equally divided amongst Egypt's largest commercial banks, namely National Bank of Egypt (NBE), Banque Misr (BM) and Banque Du Caire.

Bank_of_Egypt_Logo Bank_of_Egypt_Logo bank-du-caire

National Bank of Egypt

NBE is the oldest and largest bank in Egypt. It was established on June 25, 1898. Since its establishment, NBE's functions and roles have continually developed to square with the different economic and political stages in Egypt. During the 1950s, NBE assumed the central bank's duties. After its nationalization in the 1960s, it acted as a pure commercial bank besides carrying out the functions of the central bank in the areas where the latter had no branches. Moreover, since the mid-1960s, NBE has been in charge of issuing and managing investment certificates on behalf of the government. Furthermore, in line with its role in supporting State policies on an ongoing basis, NBE provided direct funding for the Treasury by purchasing T-bills and government bonds.

NBE is a full-fledged financial institution with 446 branches nationwide, and subsidiaries in New York, London, Shanghai, Johannesburg, Addis Ababa, Khartoum, and Dubai.

As of 2018, NBE’s total deposits reached USD 55B while its net profit after tax for the year amounted to USD 555M.

NBE is the largest contributor of social responsibility among banks in Egypt. It believes that it has a significant role to play in improving the quality of life of Egyptians. To this end, NBE contributed 9% of its net profit, up from 7% yoy. Such contributions were mainly directed to supporting healthcare, education, slums development, and combating poverty.

Banque Misr

BM was established in 1920 by the pioneer economist Talaat Harb Pasha, who spearheaded the concept of investing in national savings and directing them towards economic and social development.

Currently, BM has 8 mutual funds, and a 158 direct equity participation in multisector companies. It has 620 branches around the country and 14,500 employees serving 8M+ clients in Egypt. As of 2018, BM’s total assets reached USD 49B, and recorded a net profit after tax for the year amounted to USD 226M.

BM was recognized as Best Mandated Lead Arranger in the Egyptian banking market in Bloomberg’s Global Syndicated Loans League Tables for the third quarter of 2018, and was ranked second top Bookrunner. It was also ranked the fourth top Mandated Lead Arranger across Africa.

It became the first bank in Egypt and North Africa to become compliant with PCI data security standards, upon obtaining the latest version of the global Payment Card Industry Data Security Standard (PCI DSS 3.2) certification.

BM has regional and international presence through its branches in the United Arab Emirates and France coupled with its subsidiaries in Lebanon and Germany, as well as its representative offices in China and Russia and a wide global network of correspondents.

Banque du Caire

Established in 1952, BDC is a full-service bank headquartered in Cairo. The bank operates over 225 branches and 744 ATMs across Egypt and the UAE. Banque du Caire provides a growing network of over 3 million clients, which includes institutions of varying sizes, high net worth individuals and retail clients. In recent years, the bank has expanded its digital service offerings, upgraded its infrastructure and systems, and aligned its internal governance frameworks to align with international industry standards as it works to drive value for all stakeholders. BDC has branches in Abu Dhabi, Dubai, Sharjah, Ras Al Khaima and Manama.

In addition to representative offices in Kiev and Harare, the bank also owns subsidiaries in Riyadh and Kampala. Banque du Caire is a multi-award winning bank that is renowned in the market for pioneering an institutionalized microfinance operation, and spearheading a push for financial inclusion, community development and entrepreneurial empowerment long before many others in the sector. Its long-standing presence in the Egyptian market has seen it back economic growth for decades.

Today, the bank continues to grow and evolve as part and parcel of its strategy to dynamically adapt to market shifts and customer needs by adding new products and more services to its already-vast array of financial solutions in the retail and corporate segments. In 2018, to complement its corporate banking activities and benefit from synergies across its activities and lines of business, Banque du Caire launched a corporate leasing venture, Cairo Leasing Corporation (CLC), which has already positioned itself as a leader in the Egyptian leasing sector. As at 2018, BDC total assets reached USD 9.2bn and recorded a net profit after tax amounted to USD137mn.