TFSE, B Investments partner with El-Ezaby to provide B2B pharmaceutical services

The Sovereign Fund of Egypt (TSFE)’s healthcare subfund and B Investments partner with El-Ezaby launch EZ International. EZ international will provide business-to-business (B2B) pharmaceutical services in Egypt.

According to TSFE’s statement, EZ International, will provide high-quality services to more than 500 pharmacies across Egypt with El-Ezaby’s more than 250 branches.

The pharma venture will offer logistical and administrative support to distribution and trade services to grow their businesses and ensure customer satisfaction.

 “The Sovereign Fund of Egypt collaborates with only the top experts and specialists to ensure that its projects are successful and create real and positive social impact through distinctive services at competitive costs, which contributes to achieving the state’s goals and the state’s ownership policy document,” said Hala El-Said, Minister of Planning and Economic Development & TSFE’s Chairperson.

According to the state ownership policy document, Egypt aims to expand the private sector’s participation in the public sector to 65 percent within three years from 30 percent, and attract $40 billion in private investments by 2026.