Egypt
Egypt: Egypt’s Largest Banks Join Forces to Launch New $85M Fintech Fund
Three of Egypt’s largest national banks – Banque Misr, National Bank of Egypt, and Banque du Caire – and Global Ventures, a leading ...
Egypt
Egypt: Naspers unit invests in Egyptian fintech start-up
A unit of Naspers, Africa’s biggest company by value, and Egypt’s largest bank invested in Lucky, to help the fintech start-up in the North ...
Egypt
Egypt: Egyptian fintech startup Nexta raises $2.2m pre-seed round
Egyptian fintech and next-generation banking startup Nexta is set to launch operations after satisfying all Central Bank of Egypt (CBE) requirements and securing ...
Egypt
Egypt: Telecom Egypt sees 74% net profit in 2021
Egypt’s primary telephone company Telecom Egypt, recorded strong operational performance which has driven the telco’s net profits to an annual increase of 74 ...
Egypt
Egypt: Network International delivers on high growth strategy with 2021 revenue growth of 24% and underlying EBITDA growth of 27%
Reported net profit for the year was USD 56.6 million, a significant increase on USD 5.6 million recorded in 2020 Revenue increased 23.7% ...
Egypt
Egypt: CBE we act to make digital banking services accessible to all segments
The Central Bank of Egypt (CBE) is acting to make digital banking services accessible to all segments of society, said Sub-Governor for Payment ...
Egypt
Egypt: Egyptian legal ed-tech startup Kouncel raises $1.2m pre-seed funding
Egyptian legal ed-tech startup Kouncel has raised a US$1.2 million pre-seed funding round to help it scale. Founded this year by Ibrahim Saleh, Kouncel is ...
Egypt
Egypt: Egyptian logistics startup Milezmore raises $5m pre-seed round from Brimore
Egyptian startup Milezmore, which provides cloud fulfillment, last mile delivery, and customisable operations solutions, has raised US$5 million in pre-seed funding from social ...
Egypt
Egypt: Egypt launches $50 million VC programme to support tech startups
Nevine Gamea, Minister of Trade and Industry and Executive Director of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), stressed the state’s ...
Egypt
Egypt: Ccommerce platform Zbooni launches in Egypt
Zbooni, a UAE-based connected commerce (ccommerce) platform, has announced its launch in Egypt, providing digital commerce tools for SMEs across the country. Zbooni ...