Browsing: Egypt

CONIX.AI, a design tech startup founded in Egypt, uses AI solutions to enable architects and developers to generate designs.

ACWA Power and TSFE will explore a joint investment to create a 1.1 GW wind energy project in the Gulf of Suez.

EBRD and Egypt’s Ministry of Planning and Economic Development will sign an agreement to support six startups that focus on green issues and sustainability.

Blnk, an Egyptian fintech startup, aims to improve financial inclusion among underserved communities across the country.

MENA startups have raised USD 646 million over 69 deals in October, taking 2022’s total raised to USD 3 billion over 551 deals, according to a report by Wamda and Digital Digest.

Masdar and Infinity are set to create a 10-gigawatt onshore wind project in Egypt. The project will be one of the largest windfarms in the world.

ClimaTech Run sees eight African firms reach the last 15. All the shortlisted startups are involved in combatting climate change and hail from a range of different sectors.

MENA startups from Egypt, Saudi and the UAE stood out this October, with fintech, e-commerce and logistics standing out.

Money Fellows, an Egyptian fintech, raises USD 31 million as it digitizes money circles, where individuals form savings and borrowing groups.

valU, a leading MENA BNPL fintech, and aiBANK, an Egyptian commercial bank have partnered with Sylndr to provide affordable payment options.