{"id":102101,"date":"2025-06-02T18:16:56","date_gmt":"2025-06-02T18:16:56","guid":{"rendered":"https:\/\/www.africa-press.net\/uganda\/all-news\/mdp-secures-strategic-investment-led-by-lorax-as-africinvest-exits"},"modified":"2025-06-02T19:15:53","modified_gmt":"2025-06-02T19:15:53","slug":"mdp-secures-strategic-investment-led-by-lorax-as-africinvest-exits","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/uganda\/all-news\/mdp-secures-strategic-investment-led-by-lorax-as-africinvest-exits","title":{"rendered":"MDP Secures Strategic Investment Led by Lorax as Africinvest Exits"},"content":{"rendered":"

Africa-Press – Uganda. <\/strong><\/span>Egypt-based fintech infrastructure provider MDP has announced a new strategic investment led by Lorax Capital Partners (LCP), signaling a major shift in its investor landscape as long-time partner AfricInvest exits fully.<\/b><\/p>\n

The funding round also saw participation from key international development finance institutions \u2014 the European Bank for Reconstruction and Development (EBRD), the International Finance Corporation (IFC), and Proparco \u2014 underscoring strong global confidence in MDP\u2019s role as a regional payment systems enabler.<\/p>\n

Co-founded and led by Ahmed Nafie, MDP delivers a comprehensive digital payment infrastructure solution serving clients across Africa and the Middle East. Its platform supports everything from card issuance and processing to cloud-native digital banking and a robust suite of APIs designed to power fintech innovation. To date, the company has issued more than 350 million cards and processed over 1 billion transactions, working with over 200 banks and 60 fintech companies in more than 40 countries.<\/p>\n

\u201cThis investment represents a major milestone in MDP\u2019s growth journey,\u201d said Nafie in a statement. He emphasized that the funding will enable the company to deepen its technology stack, expand into new markets, and further strengthen its presence across emerging economies.<\/p>\n

The transaction also marks the complete exit of AfricInvest, a Tunisia-based pan-African private equity firm that invested in MDP several years ago. While the return on investment was not disclosed, the move reflects a maturing ecosystem for fintech infrastructure players in the region \u2014 a segment that, while often less visible than consumer-facing fintechs, is essential to scaling digital finance.<\/p>\n

AfricInvest\u2019s departure and the arrival of a new investor group come amid a broader rise in strategic investments targeting financial infrastructure across Africa and the Middle East. Development finance institutions have increasingly turned their focus toward companies that support financial inclusion through back-end technology solutions.<\/p>\n

For Lorax Capital Partners \u2014 which has a track record of investing in Egyptian fintech and growth-stage enterprises \u2014 the decision to back MDP aligns with its strategy of supporting high-impact sectors in the region.<\/p>\n

The investment also highlights a broader shift in the fintech funding landscape across Africa and MENA. While startup fundraising remains below the peaks of 2021, firms like MDP \u2014 with proven scale, clear paths to profitability, and foundational infrastructure \u2014 are drawing growing interest from institutional investors.<\/p>\n

The new capital will fuel MDP\u2019s expansion into additional markets and drive further development of its technology platform. Nafie hinted that the company is targeting greater penetration into underserved regions where demand for secure, scalable payment infrastructure continues to rise.<\/p>\n

For More News And Analysis About Uganda<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Uganda. Egypt-based fintech infrastructure provider MDP has announced a new strategic investment led by Lorax Capital Partners (LCP), signaling a major shift in its investor landscape as long-time partner AfricInvest exits fully. The funding round also saw participation from key international development finance institutions \u2014 the European Bank for Reconstruction and Development (EBRD), […]<\/p>\n","protected":false},"author":84,"featured_media":102100,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[234],"class_list":["post-102101","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-uganda"],"yoast_head":"\nMDP Secures Strategic Investment Led by Lorax as Africinvest Exits - Uganda<\/title>\n<meta name=\"description\" content=\"Egypt-based fintech infrastructure provider MDP has announced a new strategic investment led by Lorax Capital Partner ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/uganda\/all-news\/mdp-secures-strategic-investment-led-by-lorax-as-africinvest-exits\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MDP Secures Strategic Investment Led by Lorax as Africinvest Exits\" \/>\n<meta property=\"og:description\" content=\"Egypt-based fintech infrastructure provider MDP has announced a new strategic investment led by Lorax Capital Partner ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/uganda\/all-news\/mdp-secures-strategic-investment-led-by-lorax-as-africinvest-exits\" \/>\n<meta property=\"og:site_name\" content=\"Uganda\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-02T18:16:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-02T19:15:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2025\/06\/sm_1748878756.700787.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/mdp-secures-strategic-investment-led-by-lorax-as-africinvest-exits#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/mdp-secures-strategic-investment-led-by-lorax-as-africinvest-exits\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"MDP Secures Strategic Investment Led by Lorax as Africinvest Exits\",\"datePublished\":\"2025-06-02T18:16:56+00:00\",\"dateModified\":\"2025-06-02T19:15:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/mdp-secures-strategic-investment-led-by-lorax-as-africinvest-exits\"},\"wordCount\":431,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/mdp-secures-strategic-investment-led-by-lorax-as-africinvest-exits#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2025\/06\/sm_1748878756.700787.jpg\",\"keywords\":[\"uganda\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/uganda\/all-news\/mdp-secures-strategic-investment-led-by-lorax-as-africinvest-exits#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/mdp-secures-strategic-investment-led-by-lorax-as-africinvest-exits\",\"url\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/mdp-secures-strategic-investment-led-by-lorax-as-africinvest-exits\",\"name\":\"MDP Secures Strategic Investment Led by Lorax as Africinvest Exits - 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