Egypt
Egypt: Grinta Egyptian fintech company receives $8M in seed funding.
A digital pharmaceutical platform called Grinta, based in Cairo, has raised a $8 million seed round that was jointly led by Raed Ventures ...
Egypt
Egypt: Blnk, a fintech that provides instant consumer credit in Egypt, raises $32M in debt and equity
Credit card penetration in Egypt is low, with just over 4 million cards used in a population of more than 100 million people. ...
Egypt
Egypt: Climate Action to Strengthen Long-Term Growth
Climate change impacts, including growing pressure on Egypt’s vital water supply, pose an increased risk to the country’s long-term growth, says the World ...
Egypt
Egypt: MoneyFellows, Egypt’s FinTech startup, raised $31 million in a series B funding round
MoneyFellows, an Egyptian fintech platform, raises $31 million in a Series B investment round led by CommerzVentures, Middle East Venture Partners (MEVP), and ...
Egypt
Egypt: EFG Hermes, first Egyptian Financial Institution to Achieve ISO 31000:2018
EFG Hermes Holding, an impact-driven universal bank in Egypt and the leading investment bank franchise in Frontier Emerging Markets (FEM), announced that its ...
Egypt
Egypt: Egypt to develop new currency indicator to wean people off U.S. dollar
Egypt will develop a new currency indicator partly to wean people off the idea that the Egyptian pound should be pegged to the ...
Egypt
Egypt: Egyptian fintech Telda lands $20m seed funding
Egyptian fintech Telda, which offers a payments and money movement app targeted at millennials and Gen Z, has raised $20 million in seed ...
Egypt
Egypt, Nigeria Sign $30m Deals in Cairo
Private entities from both Nigeria and Egypt at the maiden edition of the Nigeria-Egypt Trade Conference and Exhibition (NETCE) in Cairo have signed ...
Egypt
Egypt: Geidea and Visa Collaborate to offer payment solution
As part of efforts to enhance the drive for financial inclusion and digital transformation, a financial technology (fintech) company, Geidea has announced a ...
Egypt
Egypt’s Central Bank launches financial inclusion strategy 2022-2025
The Central Bank of Egypt (CBE) launched the financial inclusion strategy (2022-2025). “This strategy comes within the framework of the efforts made at ...
