Egypt
Egypt: Cartona Secures $8.1 Million in Series A Extension to Accelerate Growth Across Egypt and MENA
Cartona, the leading B2B e-commerce marketplace based in Egypt, has successfully closed an $8.1 million Series A extension round. This new funding will ...
Egypt
Egyptian Fintech Company MNT-Halan Secures $157.5 Million for International Expansion
Egyptian fintech company MNT-Halan has successfully raised $157.5 million in a funding round aimed at supporting its international expansion. This latest funding round ...
Egypt
Egypt: Central Bank of Egypt Partners with EBRD on WE Finance Code Initiative to Enhance Women’s Financial Inclusion
The Central Bank of Egypt (CBE) has partnered with the European Bank for Reconstruction and Development (EBRD) to launch the WE Finance Code ...
Egypt
Telecom Egypt and 4iG Group Partner to Build $600M Modern Fibre Network
Telecom Egypt and 4iG Group are set to finalize the business model, ownership structure, governance processes, and technological details for a $600 million ...
Egypt
Global: Visa and Egyptian Banks Company Forge Partnership for Remittance Solutions
Visa has inked a collaboration deal with Egyptian Banks Company (EBC) to roll out innovative solutions in electronic payment services, digital wallets, and ...
Egypt
Egypt Sets Sights on CBDC Implementation by 2030 Amid Crypto Concerns
Recent reports from the Egyptian press indicate that Egypt is actively advancing its central bank digital currency (CBDC) project. This development is part ...
Egypt
Egypt Secures $250 Million Islamic Trade Loan Facility from AFC and ITFC
Africa Finance Corporation (AFC) has entered into a groundbreaking agreement with the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic ...
Egypt
Egypt Maintains Interest Rate at 19.25% in September 2023 Meeting
In its September 2023 meeting, the Central Bank of Egypt opted to keep its key overnight deposit rate unchanged at 19.25%, maintaining the ...
Egypt
Egypt: Fintech- A Cornerstone in Egypt’s Banking and Financial Development, Says CBE
The Central Bank of Egypt (CBE) has emphasized that the financial technology sector plays a crucial role in driving the development of Egypt’s ...
Egypt
Egypt: Opay’s Ambitious Plan- Applying for a Digital Bank License in Egypt
Fintech firm Opay is gearing up to apply for a digital bank license in Egypt, with a proposed capital of $60 million, as ...
