{"id":66799,"date":"2024-09-25T16:01:10","date_gmt":"2024-09-25T13:01:10","guid":{"rendered":"https:\/\/gulftech-news.com\/en\/?p=66799"},"modified":"2024-09-25T16:01:11","modified_gmt":"2024-09-25T13:01:11","slug":"amplify-growth-partnership-announces-launch-of-100m-private-debt-fund-and-first-saudi-transaction","status":"publish","type":"post","link":"https:\/\/gulftech-news.com\/en\/2024\/09\/25\/amplify-growth-partnership-announces-launch-of-100m-private-debt-fund-and-first-saudi-transaction\/","title":{"rendered":"AMPLIFY GROWTH PARTNERSHIP ANNOUNCES LAUNCH OF $100M PRIVATE DEBT FUND AND FIRST SAUDI TRANSACTION"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\"><strong>Amplify Growth Fund I (\u201cAmplify\u201d or the \u201cFund\u201d) provides flexible debt capital to technology driven companies in the MENA region, with a focus on the GCC<\/strong><\/mark><\/li>\n\n\n\n<li><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">The Fund is established by a partnership between Ajeej Capital and Nuwa Capital, and is led by Sharaf Sharaf, a seasoned credit investor with over twenty years of investment experience<\/mark><\/strong><\/li>\n\n\n\n<li><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\"><strong>Amplify has closed its first transaction with a fintech company active in the Kingdom of Saudi Arabia <\/strong><\/mark><\/li>\n\n\n\n<li><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\"><strong>The Fund offers founders and entrepreneurs financing solutions to scale their businesses<\/strong><\/mark><\/li>\n<\/ul>\n\n\n\n<p><a href=\"http:\/\/www.amplifygrowth.partners\">Amplify Growth Partnership <\/a>\u00a0has announced the launch of its growth debt fund. The $100 million fund aims to provide debt capital to technology focused companies across the Middle East, North Africa, and Turkey (MENA) region.<\/p>\n\n\n\n<p>The Fund is also pleased to announce that it has successfully closed its first transaction, deploying capital to fund the growth capital requirements of an innovative fintech company in the Kingdom of Saudi Arabia.<\/p>\n\n\n\n<p>Amplify seeks to bridge the existing debt capital gap and accelerate the growth of technology-driven businesses in the Series A to Series C stages. Although 2023 marked a milestone year in MENA for debt to venture-backed companies, with a significant rise to $757 million \u2014 up <a href=\"https:\/\/magnitt.com\/research\/fy-2023-mena-venture-debt-investment-report-50936\">262% from 2022<\/a> figures \u2014 the growth was primarily fueled by a few mega-transactions that dominated the sector. In contrast, Amplify will focus on market-standard sized transactions that cater to the broader needs of the VC ecosystem.<\/p>\n\n\n\n<p>Sharaf Sharaf will lead Amplify, overseeing origination, deal evaluation and portfolio management. A regional investment professional, Sharaf has a 20-year track record in debt and equity investments across a broad range of sectors and geographies, as well as fund management experience.<\/p>\n\n\n\n<p>&#8220;The Amplify Growth Fund is poised to meet the region\u2019s growing demand for debt capital in the venture and SME sectors, which are areas that have been historically underserved. Amplify unites two pioneering investment firms, Ajeej Capital and Nuwa Capital, who together with the Amplify team, seek to build an enduring franchise that empowers companies to access the growth capital they need to realize their ambitions.\u201d Sharaf commented.<\/p>\n\n\n\n<p>\u201cWe provide innovative debt solutions to meet the evolving needs of owners, founders, and entrepreneurs. With a strong pipeline of deals and an upcoming announcement of a second deal, we are on track to make a lasting impact on the market.\u201d he continued.&nbsp;<\/p>\n\n\n\n<p>The fund\u2019s primary investment focus will be on companies with proven market demand that are actively scaling their business. Up to 20% of Amplify\u2019s capital will be available for businesses outside of MENA aiming to enter the region and for traditional enterprises integrating technology into their operations.<\/p>\n\n\n\n<p>Amplify Growth Partnership GP Limited is a partnership between Ajeej Capital and Nuwa Capital. Both firms will leverage their expertise and networks to create opportunities for Amplify and its portfolio companies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amplify Growth Fund I (\u201cAmplify\u201d or the \u201cFund\u201d) provides flexible debt capital to technology driven companies in the MENA region, with a focus on the GCC The Fund is established by a partnership between Ajeej Capital and Nuwa Capital, and is led by Sharaf Sharaf, a seasoned credit investor with over twenty years of investment &hellip;<\/p>\n","protected":false},"author":2,"featured_media":66800,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-66799","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AMPLIFY GROWTH PARTNERSHIP ANNOUNCES LAUNCH OF $100M PRIVATE DEBT FUND AND FIRST SAUDI TRANSACTION - Gulf Tech News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gulftech-news.com\/en\/2024\/09\/25\/amplify-growth-partnership-announces-launch-of-100m-private-debt-fund-and-first-saudi-transaction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AMPLIFY GROWTH PARTNERSHIP ANNOUNCES LAUNCH OF $100M PRIVATE DEBT FUND AND FIRST SAUDI TRANSACTION - Gulf Tech News\" \/>\n<meta property=\"og:description\" content=\"Amplify Growth Fund I (\u201cAmplify\u201d or the \u201cFund\u201d) provides flexible debt capital to technology driven companies in the MENA region, with a focus on the GCC The Fund is established by a partnership between Ajeej Capital and Nuwa Capital, and is led by Sharaf Sharaf, a seasoned credit investor with over twenty years of investment &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gulftech-news.com\/en\/2024\/09\/25\/amplify-growth-partnership-announces-launch-of-100m-private-debt-fund-and-first-saudi-transaction\/\" \/>\n<meta property=\"og:site_name\" content=\"Gulf Tech News\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-25T13:01:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-25T13:01:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/09\/LOGO-Amplify-Growth-Partnership-scaled.jpg?v=1727269220\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"2241\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"bessan helmi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"bessan helmi\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/gulftech-news.com\/en\/2024\/09\/25\/amplify-growth-partnership-announces-launch-of-100m-private-debt-fund-and-first-saudi-transaction\/\",\"url\":\"https:\/\/gulftech-news.com\/en\/2024\/09\/25\/amplify-growth-partnership-announces-launch-of-100m-private-debt-fund-and-first-saudi-transaction\/\",\"name\":\"AMPLIFY GROWTH PARTNERSHIP ANNOUNCES LAUNCH OF $100M PRIVATE DEBT FUND AND FIRST SAUDI TRANSACTION - Gulf Tech News\",\"isPartOf\":{\"@id\":\"https:\/\/gulftech-news.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/gulftech-news.com\/en\/2024\/09\/25\/amplify-growth-partnership-announces-launch-of-100m-private-debt-fund-and-first-saudi-transaction\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/gulftech-news.com\/en\/2024\/09\/25\/amplify-growth-partnership-announces-launch-of-100m-private-debt-fund-and-first-saudi-transaction\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/09\/LOGO-Amplify-Growth-Partnership-scaled.jpg?v=1727269220\",\"datePublished\":\"2024-09-25T13:01:10+00:00\",\"dateModified\":\"2024-09-25T13:01:11+00:00\",\"author\":{\"@id\":\"https:\/\/gulftech-news.com\/en\/#\/schema\/person\/c033626e357b2f7e127eac0570ddc05c\"},\"breadcrumb\":{\"@id\":\"https:\/\/gulftech-news.com\/en\/2024\/09\/25\/amplify-growth-partnership-announces-launch-of-100m-private-debt-fund-and-first-saudi-transaction\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/gulftech-news.com\/en\/2024\/09\/25\/amplify-growth-partnership-announces-launch-of-100m-private-debt-fund-and-first-saudi-transaction\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/gulftech-news.com\/en\/2024\/09\/25\/amplify-growth-partnership-announces-launch-of-100m-private-debt-fund-and-first-saudi-transaction\/#primaryimage\",\"url\":\"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/09\/LOGO-Amplify-Growth-Partnership-scaled.jpg?v=1727269220\",\"contentUrl\":\"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/09\/LOGO-Amplify-Growth-Partnership-scaled.jpg?v=1727269220\",\"width\":2560,\"height\":2241},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/gulftech-news.com\/en\/2024\/09\/25\/amplify-growth-partnership-announces-launch-of-100m-private-debt-fund-and-first-saudi-transaction\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/gulftech-news.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"AMPLIFY GROWTH PARTNERSHIP ANNOUNCES LAUNCH OF $100M PRIVATE DEBT FUND AND FIRST SAUDI TRANSACTION\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/gulftech-news.com\/en\/#website\",\"url\":\"https:\/\/gulftech-news.com\/en\/\",\"name\":\"Gulf Tech News\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/gulftech-news.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/gulftech-news.com\/en\/#\/schema\/person\/c033626e357b2f7e127eac0570ddc05c\",\"name\":\"bessan helmi\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/gulftech-news.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bb1e09a6f094e0fa605073926f8ad9eb228a8b0aacd381fda782c562612428cf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bb1e09a6f094e0fa605073926f8ad9eb228a8b0aacd381fda782c562612428cf?s=96&d=mm&r=g\",\"caption\":\"bessan helmi\"},\"url\":\"https:\/\/gulftech-news.com\/en\/author\/bessan-helmi\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"AMPLIFY GROWTH PARTNERSHIP ANNOUNCES LAUNCH OF $100M PRIVATE DEBT FUND AND FIRST SAUDI TRANSACTION - Gulf Tech News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/gulftech-news.com\/en\/2024\/09\/25\/amplify-growth-partnership-announces-launch-of-100m-private-debt-fund-and-first-saudi-transaction\/","og_locale":"en_US","og_type":"article","og_title":"AMPLIFY GROWTH PARTNERSHIP ANNOUNCES LAUNCH OF $100M PRIVATE DEBT FUND AND FIRST SAUDI TRANSACTION - Gulf Tech News","og_description":"Amplify Growth Fund I (\u201cAmplify\u201d or the \u201cFund\u201d) provides flexible debt capital to technology driven companies in the MENA region, with a focus on the GCC The Fund is established by a partnership between Ajeej Capital and Nuwa Capital, and is led by Sharaf Sharaf, a seasoned credit investor with over twenty years of investment &hellip;","og_url":"https:\/\/gulftech-news.com\/en\/2024\/09\/25\/amplify-growth-partnership-announces-launch-of-100m-private-debt-fund-and-first-saudi-transaction\/","og_site_name":"Gulf Tech News","article_published_time":"2024-09-25T13:01:10+00:00","article_modified_time":"2024-09-25T13:01:11+00:00","og_image":[{"width":2560,"height":2241,"url":"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/09\/LOGO-Amplify-Growth-Partnership-scaled.jpg?v=1727269220","type":"image\/jpeg"}],"author":"bessan helmi","twitter_card":"summary_large_image","twitter_misc":{"Written by":"bessan helmi","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/gulftech-news.com\/en\/2024\/09\/25\/amplify-growth-partnership-announces-launch-of-100m-private-debt-fund-and-first-saudi-transaction\/","url":"https:\/\/gulftech-news.com\/en\/2024\/09\/25\/amplify-growth-partnership-announces-launch-of-100m-private-debt-fund-and-first-saudi-transaction\/","name":"AMPLIFY GROWTH PARTNERSHIP ANNOUNCES LAUNCH OF $100M PRIVATE DEBT FUND AND FIRST SAUDI TRANSACTION - Gulf Tech News","isPartOf":{"@id":"https:\/\/gulftech-news.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/gulftech-news.com\/en\/2024\/09\/25\/amplify-growth-partnership-announces-launch-of-100m-private-debt-fund-and-first-saudi-transaction\/#primaryimage"},"image":{"@id":"https:\/\/gulftech-news.com\/en\/2024\/09\/25\/amplify-growth-partnership-announces-launch-of-100m-private-debt-fund-and-first-saudi-transaction\/#primaryimage"},"thumbnailUrl":"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/09\/LOGO-Amplify-Growth-Partnership-scaled.jpg?v=1727269220","datePublished":"2024-09-25T13:01:10+00:00","dateModified":"2024-09-25T13:01:11+00:00","author":{"@id":"https:\/\/gulftech-news.com\/en\/#\/schema\/person\/c033626e357b2f7e127eac0570ddc05c"},"breadcrumb":{"@id":"https:\/\/gulftech-news.com\/en\/2024\/09\/25\/amplify-growth-partnership-announces-launch-of-100m-private-debt-fund-and-first-saudi-transaction\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/gulftech-news.com\/en\/2024\/09\/25\/amplify-growth-partnership-announces-launch-of-100m-private-debt-fund-and-first-saudi-transaction\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/gulftech-news.com\/en\/2024\/09\/25\/amplify-growth-partnership-announces-launch-of-100m-private-debt-fund-and-first-saudi-transaction\/#primaryimage","url":"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/09\/LOGO-Amplify-Growth-Partnership-scaled.jpg?v=1727269220","contentUrl":"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/09\/LOGO-Amplify-Growth-Partnership-scaled.jpg?v=1727269220","width":2560,"height":2241},{"@type":"BreadcrumbList","@id":"https:\/\/gulftech-news.com\/en\/2024\/09\/25\/amplify-growth-partnership-announces-launch-of-100m-private-debt-fund-and-first-saudi-transaction\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/gulftech-news.com\/en\/"},{"@type":"ListItem","position":2,"name":"AMPLIFY GROWTH PARTNERSHIP ANNOUNCES LAUNCH OF $100M PRIVATE DEBT FUND AND FIRST SAUDI TRANSACTION"}]},{"@type":"WebSite","@id":"https:\/\/gulftech-news.com\/en\/#website","url":"https:\/\/gulftech-news.com\/en\/","name":"Gulf Tech News","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/gulftech-news.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/gulftech-news.com\/en\/#\/schema\/person\/c033626e357b2f7e127eac0570ddc05c","name":"bessan helmi","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/gulftech-news.com\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bb1e09a6f094e0fa605073926f8ad9eb228a8b0aacd381fda782c562612428cf?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bb1e09a6f094e0fa605073926f8ad9eb228a8b0aacd381fda782c562612428cf?s=96&d=mm&r=g","caption":"bessan helmi"},"url":"https:\/\/gulftech-news.com\/en\/author\/bessan-helmi\/"}]}},"_links":{"self":[{"href":"https:\/\/gulftech-news.com\/en\/wp-json\/wp\/v2\/posts\/66799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gulftech-news.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gulftech-news.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gulftech-news.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/gulftech-news.com\/en\/wp-json\/wp\/v2\/comments?post=66799"}],"version-history":[{"count":1,"href":"https:\/\/gulftech-news.com\/en\/wp-json\/wp\/v2\/posts\/66799\/revisions"}],"predecessor-version":[{"id":66801,"href":"https:\/\/gulftech-news.com\/en\/wp-json\/wp\/v2\/posts\/66799\/revisions\/66801"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gulftech-news.com\/en\/wp-json\/wp\/v2\/media\/66800"}],"wp:attachment":[{"href":"https:\/\/gulftech-news.com\/en\/wp-json\/wp\/v2\/media?parent=66799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gulftech-news.com\/en\/wp-json\/wp\/v2\/categories?post=66799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gulftech-news.com\/en\/wp-json\/wp\/v2\/tags?post=66799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}