Browsing: Egypt
Egypt’s Convertedin has raised USD 3 million in a round featuring regional and international investors.
Saudi Arabia’s sovereign wealth fund, The Public Investment Fund (PIF) has launched the Saudi-Egyptian Investment Company (SEIC) in order to place investments across a wide range of sectors of the Egyptian economy, from infrastructure and real estate to pharmaceuticals.
Foreign direct investment (FDI) in Egypt grew by 183% in Q1 2022, according to the Central Bank of Egypt (CBE). Q1 saw inflows of USD 4.1 billion, compared to USD 1.4 billion over the same period last year.
Backed by local and international capital, Cartona seeks to “turbo charge” expansion.
The Nilepreneurs Initiative for Entrepreneurship, an Egyptian startup support program, has announced the launch of four new courses for business incubators to support startups.
Africa’s emerging markets are seeing increasing levels of investment, as investors seek out unique firms and engaging products and the continent exhibits huge potential.
Stllr Network provides plug-and-play marketing models incorporating social media, SEO and media buying.
EFG Hermes, a leading investment bank franchise, has concluded the advisory of regarding Agthia’s acquisition of Auf Group.
EU wheat is being purchased by African and Middle Eastern states as exports from Ukraine continue to be disrupted by war amid food security concerns.
AD Ports gains 70% stake in two Egyptian maritime companies for USD 140 million in the company’s first international acquisition.