Baker McKenzie Cairo has advised the International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets, in connection with a USD 20 million financing provided to GlobalCorp for Financial Services S.A.E.
The financing aims to expand access to leasing and factoring solutions for micro, small, and medium-sized enterprises (MSMEs), with a focus on businesses operating in vulnerable communities across Egypt and supporting diversification of funding sources to strengthen private‑sector resilience.
The Baker McKenzie Cairo team advised on both the English and Egyptian law aspects of the financing.
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