Egypt
Egypt: CBE – Women to Have Two Seats in All Banks’ Boards Under Sisi’s Directives
Central Bank of Egypt (CBE) Governor Tarek Amer said the decision of granting two seats of banks’ boards for women came within the ...
Egypt
Egypt fintech KIWE receives first financing from Digital Finance Holding (dfin)
Egypt fintech KIWE a peer-to-peer money exchange app has closed its first investment round led by Digital Finance Holding (dfin) alongside participation from EFG Hermes, ...
Egypt
Egypt edtech Educatly raises a $1M pre-Seed round
Egypt edtech Educatly has raised a $1 million pre-Seed round from Enterprise Ireland, Falak Startups, and several other angel investors. This follows its earlier launch in 2020. ...
Egypt
Egypt grocery delivery startup Rabbit closes $11M record pre-seed funding
Speed grocery delivery apps have mushroomed across Europe during the global pandemic attracting record investment from investors. These venture-backed grocery delivery firms attracted ...
Egypt
Egypt: Vodacom to buy controlling stake in Vodafone Egypt
South Africa’s Vodacom Group has announced that it has agreed terms with Vodafone to acquire its controlling stake in Vodafone Egypt for R41 billion or (US$2.738 ...
Egypt
ITIDA, PepsiCo Egypt partner to expand regional shared services through the Cairo center
This 3-year agreement will increase Egyptian exports in IT products and services The Information Technology Industry Development Agency and PepsiCo Egypt just signed a ...
Egypt
Egypt: A15 invests in Egypt fintech startup Sympl
A15 is a lead promoter of entrepreneurship and innovation with over 30 investments across MENA region A15, an Egypt-based venture capital firm supporting ...
Egypt
Egyptian startups put up strong presence at the Web Summit 2021
In 2021, startups in Egypt recorded their highest in venture investments at $403M – a 100% year-over-year growth Egyptian startups had a strong ...
Egypt
Egypt: Finance Ministry – E-System to Ease Vat Return On Foreigners’ Purchases
Finance Minister Mohamed Ma’eit said that an electronic system will be established at all air, sea and land ports with the aim to ...
Egypt
Egypt: ShipBlu bags $2.4M for its e-commerce and fulfilment service in Egypt
African e-commerce fulfilment startups backed by Y Combinator seem to be piquing investors’ interest this year for their niche e-commerce play. Summer batch ...