The Africa Banking Brief
Saturday 31 October 2026 · updated 10:04 London
Egypt

MNT-Halan completes EGP 4bn capital increase, parent subscribes shares

Financing · completed$71mTuesday 27 October 2026

MNT Investments BV subscribed to 163.27 million new shares at the EGP 24.50 offer price, and the about $71 million (E£4bn) increase is fully paid. Half of the IPO proceeds are now back inside the listed company.

Full payment confirms the post-IPO capital injection, which lifts issued capital and funds the fintech's expansion inside the listed entity.

Key facts
Event
Financing · completed
Date
Wednesday 28 October 2026
Issuer
MNT Tech Holding for Financial Investments
Investor
MNT Investments BV
Amount
$71m (EGP 4bn)Converted at the reference rate for Wednesday 28 October 2026
Original reports
Related: Capital raising & financing · Egypt4 stories
Egypt
27 Oct

MNT-Halan board raises issued capital to $3.2m after IPO

Financing · announced$291,692