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Egyptian startups have raised over USD 150 million in the first four months of 2022. The majority of the funds have been raised through Series A rounds and e-commerce and fintech are leading the way along with logistics companies.
Saudi Arabia’s Cabinet has approved an agreement signed with the Egyptian government regarding investments to be made by the Kingdom’s Public Investments Fund (PIF) in Egypt.
Saudi’s Khwarizmi Ventures has taken part in a seed funding round for Egyptian startup Pylon, an infrastructure management platform aimed at transforming electricity and water companies in emerging markets.
The proposed rail link would potentially bolster trade and foster economic development.
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).
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.
Egypt’s construction and project sector continues to grow and includes major infrastructure projects.
Bank of Kigali Plc has selected Temenos (SIX: TEMN) (www.BK.rw), the banking software company, to power its digital transformation journey…
The biggest names in the Chinese energy industry participated in the EG Ronda Licensing Round Roadshow in Beijing today, hosted…