Spain’s Mediterrania Capital Partners will invest in Egypt through its MC III fund, which is currently looking to raise EUR100mn in a second closing planned to wrap up this month, the Africa-focused PE firm’s Egypt advisor Khaled El Saba said, according to Al Mal. Part of the proceeds will be allocated to Egypt, with the fund also planning to put money into projects in other African countries. Mediterrania is targeting education, health and B2C firms: MC III is interested in Egypt’s education, healthcare, B2C services, food processing, distribution and export-bound manufacturing industries, El Saba said.