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Tech African Women (TAW) is a joint initiative by the United Nations Economic Commission for Africa (ECA), in partnership with tech venture firm Betacube. TAW seeks to support female-led idea stage startups from Ethiopia, Senegal, Tanzania and Tunisia.
Appetito, an Egyptian online grocery service and Purity, a Saudi-based IT infrastructure firm, have signed an MoU to expand the former’s services across the MENA region.
Afriguild aims to provide opportunities across Africa through gaming, education and community building.
Abu Dhabi’s non-oil foreign trade grows by 12%, with Saudi Arabia, Switzerland and the US as the emirate’s top trading partners.
Egypt’s Convertedin has raised USD 3 million in a round featuring regional and international investors.
Rotana, the hotel management company, is set to open the new resort in 2023. The company operates hotels in a number of North African states.
MENA unicorns set to emerge due to favorable regional conditions, according to a recent report by Saudi firm STV.
Saudi Arabia’s sovereign wealth fund, The Public Investment Fund (PIF) has launched the Saudi-Egyptian Investment Company (SEIC) in order to place investments across a wide range of sectors of the Egyptian economy, from infrastructure and real estate to pharmaceuticals.
MENA startups raised USD 105 million in July, the lowest monthly amount recorded so far this year, according to regional startup investor and development platform Wamda.
Dubai Chambers welcomed 10 decision makers from Ethiopia’s private and public sectors to discuss closer cooperation between the two countries. The delegates aimed to explore Dubai’s advances in digital services, to discuss the creation of business partnerships and to sign agreements in support of the Digital Ethiopia 2025 Strategy.