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Egypt’s FlapKap, a Egyptian fintech startup, has recently completed a USD 1.2 million fundraising round led by A15, a MENA venture capital firm known for backing early-stage startups across the region.
have each signed a separate non-binding memorandum of understanding (MoU) to become the first potential partners of the MENA regional Voluntary Carbon Market (VCM).
PayU, a unit of South African multinational holding company, Nasper’s Ltd., and Egypt’s largest bank, National Bank of Egypt, have invested in Egyptian fintech firm Lucky. The funds will be used to allow Lucky to expand into the Middle East.
The Luxembourg House of Financial Technology (LHoFT) Foundation has announced the selection of 10 African fintech startups to join CATAPULT: Inclusion Africa: Special Edition in Dubai.
A 300 percent jump in Zimbabwe-UAE bilateral trade during the past three years and corresponding growth in overall ties reflect the historical partnership between Africa and the Arab world, said President of Zimbabwe Emmerson Mnangagwa during his three-day official visit to Dubai.
Botswana’s Investment and Trade Centre states that the country offers a range of general and sector-specific investment incentives and no foreign exchange controls.
Meetings in Rabat saw discussions on how to further cooperation between the two countries.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met with the Presidents of Botswana, Zimbabwe and Mauritius at Expo 2020.
Egypt’s startup environment continues to attract regional and international investments.
anzania has registered 294 investment projects which are expected to inject capital amounting to USD 8.129 billion, creating 62,301 employment opportunities.