Browsing: Egypt

Eni has announced the discovery of a “significant” offshore natural gas field off the coast of Egypt.

KarmSolar is an Egypt-based cleantech specializing in solar power solutions. The new project targets the agricultural sector.

African startups from Nigeria, Kenya, Egypt and South Africa accounted for 75% of the continent’s startup funding in 2022.

Fintech Galaxy, a UAE-based Central-Bank-regulated open finance platform, has acquired Underlie, an Egyptian open finance banking platform offering APIs to banks and businesses.

CheckMe has acquired a majority stake in DoctorOnline. The deal took between the two healthtechs took place through Exits MENA.

Muqbis, an Egyptian handcrafts marketplace, has raised an undisclosed amount in a pre-Seed round by Nama Ventures.

Egyptian startup Suplyd raises USD 1.6 million in order to further digitize the country’s HORECA supply chain.

Dubai International Chamber now operates representative offices in 15 countries in order to foster international business and investment.

500 Global, a US-based VC firm, has partnered with ITIDA to launch investment and startup focused programs.

SIAC, one of Egypt’s leading construction firms, Flat6Labs and Dar will collaborate to foster startups and contech solutions across Egypt.