Beltone Investment Banking has successfully concluded its advisory role in securing $180 mn in funding for MAFI to establish the Middle East’s largest agri-food complex in Sadat City, Invest-Gate reports.

Spanning 156,000 sqm, the facility will specialize in producing citrus and tomato concentrates, fruit purées, freeze-dried products, and IQF (individually quick frozen) fruits and vegetables, with exports targeted at Europe, the United States, and GCC markets.

Positioning Egypt as a prominent player in the global agri-food sector, the project is expected to generate over $ 200 mn in annual revenue during its first phase, significantly enhancing the country’s industrial output and export potential.

The funding structure includes equity investment from regional investors and a $ 108 mn syndicated loan—oversubscribed by 3x—facilitated by Banque Misr, Al Baraka Bank, and Suez Canal Bank.

Mohamed Aboulfadl, Deputy Group CEO of Beltone Holding and Head of Investment Banking, stated: “We are proud to strengthen our partnership with MAFI through this successful transaction. This collaboration highlights our commitment to delivering innovative financial solutions and supporting our partners’ growth. Financing this transformative project reinforces Egypt’s position in the global agri-food market.”