Wamda

Egypt

Egypt’s super app MNT-Halan raises $120 million

Egypt-based super app and Wamda portfolio startup MNT-Halan has raised $120 million from major global and regional growth investors:...

MNT-Halan Fintech

Egypt

DIGGIPACKS acquires Egypt's FWRUN

Saudi Arabia-based last-mile delivery and logistics services provider DIGGIPACKS, has acquired Egypt-based e-commerce solutions provider...

DIGGIPACKS ecommerce enablement Logistics

Egypt

Egypt's MaxAB acquires Morocco's WaystoCap

Egypt-based B2B marketplace MaxAB has acquired the Morocco-based B2B e-commerce and distribution platform, WaystoCap. MaxAb has...

E-commerce MaxAB waystocap

Egypt

Ride-hailing in Egypt: A global tug-of-war

Egypt has one of the fastest-growing populations in the Middle East, growing at a rate of approximately one million every six months....

mobility ride-hailing Uber

Egypt

Arab Bank launches fintech accelerator in Egypt

Arab Bank has launched the AB Accelerator in Egypt, a fintech-focused corporate acceleration programme. The accelerator, which was...

AB Accelerator Fintech

Egypt

Bidayat acquires stake in Okhtein

Switzerland-based Alsara Investment Group's investment vehicle Bidayat has acquired a stake in Egyptian fashion startup...

Okhtein

Egypt

Swvl considers listing on Egyptian Exchange in 2022

UAE-based Swvl, initially founded in Egypt, is studying a possible listing on the Egyptian Exchange in 2022 or 2023. Last month,...

Swvl Nasdaq EGX30

Egypt

Schoolz raises six-figure pre-Seed round

Cairo-based student transportation platform Schoolz has raised six-figure pre-Seed funding round from investors in Saudi Arabia and...

Schoolz Transportation

Egypt

Is a virtual demo day better for pitching?

Karmah El Naggar is the special projects lead at Falak Startups, an accelerator based in Egypt In February 2020, we were quickly...

Falak Startups accelerator

Egypt

Teegara raises five-figure pre-Seed round

Cairo-based e-commerce startup Teegara.com has closed a five-figure pre-Seed follow-on funding round led by the Alexandria Angels...

Teegara E-commerce b2b2c

Egypt

Zain Telecom launches venture fund, invests in Swvl and Pipe

Kuwaiti mobile telecommunications company Zain has announced the establishment of Zain Ventures. The size of the fund has not been...

Zain Ventures Swvl Pipe

Egypt

Eight startups graduate from Flat6Labs’ Cairo Seed Programme

Egypt’s Flat6Labs has graduated eight startups from its Cairo Seed Programme’s 16th cycle, each receiving seed investment...

Flat6Labs Cairo Seed Program

Egypt

CreditFins raises pre-Seed round for its credit card management platform

Cairo-based fintech startup CreditFins has raised a Pre-Seed funding round led by Flat6Labs, AUC Angels, TA Telecom Holding, and other...

CreditFins Fintech

Egypt

GamesBandy receives $40,000 grant from Taqadam

Egypt-based gaming marketplace GamesBandy has received a $40,000 grant from Taqadam, a Mena startup accelerator, four months after...

Gamesbandy Taqadam

Egypt

GoodsMart raises $3.6 million from Sawari Ventures

Cairo-based grocery shopping app GoodsMart has raised a $3.6 million funding round, led by Sawari Ventures. GoodsMart will be using...

goodsmart Grocery App Sawari Ventures

Egypt

Egypt’s Taager closes $6.4 million Seed round

Egypt-based social e-commerce platform Taager has raised $6.4 million in a Seed round led by 4DX Ventures, with participation from Raed...

Taager E-commerce

Egypt

Nawy raises Seed round from Sawiris Family Office

Cairo-based proptech startup Nawy has raised a seven-figure Seed round led by the Sawiris family office, with participation from Hatem...

Proptech Nawy

Egypt

Nawah Scientific expands to Jordan, prepares for Series A

Egypt-based life science venture Nawah Scientific has expanded to Jordan as it prepares for its Series A round. In January,...

Nawah Scientific Life science startups Series A

Egypt

Egypt’s healthtech Estshara raises $500,000 in Seed round

Cairo-based healthtech platform Estshara has raised $500,000 in a Seed funding round led by Egypt Ventures. Founded in 2018 by Amin...

healthtech

Egypt

US-based Bevy acquires Egypt’s Eventtus

US-based events company Bevy has acquired the Egyptian event management software company Eventtus for an undisclosed...

Bevy eventtus acquisition

Egypt

Aleph acquires 86 per cent of Connect Ads

Global digital services provider Aleph Holding has acquired 86 per cent of Egypt-based digital adverting solutions provider Connect Ads,...

connect ads Aleph

Egypt

UofCanada, DMZ team up to launch incubator in Cairo

Universities of Canada in Egypt (UofCanada) and Ryerson University’s business incubator DMZ, have partnered up to launch...

Ryerson DMZ

Egypt

What can open banking do for Egypt?

Akram Abdou is the founder of Egypt-based Underlie, an open banking platform offering application programming interfaces (APIs) to...

Open banking

Egypt

Raya launches corporate accelerator for customer experience-focused startups

Raya Customer Experience (RCX), a subsidiary of Raya Holding, has launched its corporate accelerator, Raya FutureTECHm in Cairo, aiming...

Raya holding customer experience Openner

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