Egypt
Egypt Lands Two New Subsea Cables, Elevating Global Data Capacity and Cementing Digital Hub Status
Egypt has successfully completed the landing of two new subsea internet cables—part of the Southeast Asia-Middle East-Western Europe 6 (SEA-ME-WE-6) cable system—marking a ...
Egypt
Egypt’s FRA Introduces New Digital and Cybersecurity Regulations for Insurance Sector
Egypt’s Financial Regulatory Authority (FRA) has unveiled a new set of digital and cybersecurity regulations governing the establishment and operation of websites by ...
Egypt
Egypt’s MoneyFellows Secures $13M to Scale Digital Money Circles and Advance Inclusive Finance
Egyptian fintech innovator MoneyFellows has raised $13 million in a pre-Series C funding round to expand its mobile-based platform that digitizes traditional money ...
Egypt
DPI Acquires Egypt’s include Fintech Fund to Bolster Africa-Focused Investment Strategy
Development Partners International (DPI), a UK-based venture capital firm, has officially acquired Nclude, Egypt’s leading fintech-focused fund established by Global Ventures. This strategic ...
Egypt
XPay Partners with Huawei Cloud to Drive Digital Payment Innovation in Egypt
XPay, a leading fintech startup in Egypt, has announced a strategic collaboration with Huawei Cloud Services to enhance digital payment solutions across the ...
Egypt
Egypt Expands Orange Corners Program to Boost Startups in Seven Governorates
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, has announced the expansion of the Orange Corners program, extending its support ...
Egypt
Egyptian Startup Taager Secures $6.75M Pre-Series B Funding to Expand Social E-Commerce in MENA
Taager, a leading social e-commerce platform in the MENA region, has raised $6.75 million in a Pre-Series B funding round led by Norrsken22, ...
Egypt
Egyptian Fintech Khazna Secures $16M Pre-Series B Funding to Drive Expansion into Saudi Arabia and Pursue Digital Banking License
Egyptian fintech firm Khazna has raised $16 million in pre-Series B funding, boosting its total investment to over $63 million. The new capital ...
Egypt
Egypt’s Central Bank Extends Digital Transfer Fee Exemption via IPN and InstaPay
In a move aligned with Egypt’s Vision 2030 to promote digital transformation, the Central Bank of Egypt (CBE) has announced an extension of ...
Africa
Egypt: Paymob Introduces Apple Pay to Egypt, Revolutionizing Digital Payments
Paymob, a prominent financial services enabler in the Middle East and North Africa (MENA) region, has unveiled support for Apple Pay in Egypt, ...
