No observed cheques. Organisations of this type rarely announce deals, so this says nothing about their activity.
From their own site: “The SME Development Fund (SMEF) has been established in March 2014 & commenced operations in April 2014, an OAPFD initiative with the objective of developing entrepreneurship and financing small & medium enterprises in the Sultanate.”
An announcement gives the size of the round, not the size of this investor's cheque. The only rounds that imply a cheque are those where they were the sole named investor.
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