Search Results: egypt (245)
Online used-car retailer Sylndr has announced the raising or USD 12.6 million in a pre-seed round led by RAED Ventures, with participation from Algebra Ventures, Global Founders Capital, 1984 Ventures and Nuwa Capital along with a series of regional angel investors.
A Saudi delegation led by Royal Court adviser Ahmed bin Abdulaziz Kattan has visited a number of East and Southwest African states in an effort to boost economic and political ties while seeking support for the Kingdom’s hosting of Expo 2030 in Riyadh.
Ayman Al-Bayaa, CEO of Benya Group and Chairperson of Bunya Systems, said that the Saudi market offers an array of investment opportunities including data centers, smart city solutions and information security.
Startups saw record levels of VC investments, according to reports by CB Insights, a leading technology insights firm, which reported global investments of USD 621 billion last year.
Startups from across the MENA region raised USD 297 million through 29 deals in April of this year.
The North African Trade Finance Summit (NATF 2022) will take place in Cairo on June 7 and 8 and will run under the theme of “Trade Resilience and Optimization Amidst Global Supply Chain Disruptions”.
Zenda was launched last year and allows families to pay school fees with pay-now and pay-later payment schemes.
Average funding round size for MENA startups grows by 23 percent year-on-year, Africa crosses the USD 1 billion mark for the period.
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.
The MENA region becoming increasingly important to US The U.S. government recently announced the expansion of a credit program designed…