Wamda

Egypt

Egypt’s Raseedi acquires Kashat to broaden financial offerings

Egypt-based fintech Raseedi has acquired Kashat, which in its role owns Pharos Microfinance S.A.E., a subsidiary of Kashat, in an equity...

Kashat Raseedi Fintech

Egypt

Nawy acquires ROA to launch new products

Source: Daily News Egypt Nawy, Egypt’s leading proptech platform transforming real estate buying, selling, and investment, has...

Nawy ROA Proptech

Egypt

Egypt's ReNile secures $450,000 investment

Egypt-based agritech ReNile has raised $450,000 in investment from undisclosed investors. Founded in 2017 by Hazem Eltawab,...

ReNile agritech Shark Tank

Egypt

EdVentures commits six-figure investment to Schoolz and Ibn Sina

Egypt-based edtech-focused VC EdVentures, the investment arm of Nahdet Misr, has pledged six-digit investments to two Egyptian edtech...

EdVentures EdTech Schoolz

Egypt

MNT-Halan debuts in the UAE market

Egypt’s fintech company MNT-Halan has extended its super app services to the UAE market. The UAE has long been a strategic...

MNT-Halan

Egypt

Egypt’s Nowlun closes $1.7 million Seed round

Egypt-based logistics startup Nowlun has raised $1.7 million in seed funding, led by Nama Ventures and A15, with participation from...

Nowlun Logistics freight

Egypt

Egypt’s Sylndr lands $7.5 million capital facility tailored by EFG Hermes

Egypt-based online marketplace for used cars Sylndr has secured a $7.46 million capital facility tailored specifically to the unique...

Sylndr EFG Hermes

Egypt

Beltone leads $3 million Series A extension round for ariika

Egypt-based furniture e-commerce platform ariika has raised $3 million in a Series A extension round, led by Beltone Venture Capital and...

ariika Beltone Venture Capital E-commerce

Egypt

Egypt’s Qara secures $2.6 million to propel KSA expansion plans

Egypt-based supply chain startup Qara has closed a $2.6 million funding round from undisclosed investors. Founded in...

Qara Supply chain

Egypt

Amenli cashes in new investment of $2.3 million

Egypt-based insurtech broker Amenli has secured a new funding round of $2.3 million, led by the European Bank for Reconstruction and...

Amenli Insurtech EBRD

Egypt

Efreshli closes seed round led by Algebra Ventures

Egypt-based interior design startup Efreshli has raised a Seed round at unknown value, led by Algebra Ventures, with participation from...

Efreshli E-commerce interior design

Egypt

Teradix wins $140,000 grant from TAQADAM to fuel Saudi expansion

Egypt-based e-procurement solutions provider Teradix has been awarded a $140,000 grant from TAQADAM Accelerator programme at King...

Teradix TAQADAM Accelerator SAAS

Egypt

T-Vencubator announces Tafweela as inaugural venture-building project

Egypt-based VC-incubator T-Vencubator has announced the Egyptian fintech, Tafweela, as its inaugural venture-building project. Founded...

T-Vencubator Tafweela

Egypt

Entlaq's new report highlights Egypt's agritech potential

Egypt’s agricultural exports are projected to hit $14 billion by 2030, according to Entlaq’s report titled “The...

Entlaq agritech

Egypt

South Africa’s Pargo expands to Egypt with $4 million fresh investment

South Africa-based e-commerce logistics startup Pargo has expanded into the Egyptian market after raising $4 million in investment, led...

Pargo Logistics E-commerce

Egypt

Sawari Ventures targets raising $200 million for second fund

The Egypt-based venture capital firm Sawari Ventures will launch its second fund in early 2025 with a target of $200...

Sawari Ventures

Egypt

Egypt's Viridia Tech wins 2024 Mega Green Accelerator grand prize

Egypt-based agritech Viridia Tech has been named the overall winner of the 2024 Mega Green Accelerator, awarded the $100,000 grand prize...

Viridia Tech 2024 Mega Green Accelerator Pepsico

Egypt

Rabbit Mobility raises $1.3 million to fuel expansion plans

Egypt-based micromobility platform Rabbit Mobility has closed a $1.3 million investment round, led by 500 Global and Untapped Global,...

Rabbit Mobility micromobility

Egypt

Egypt's WellPal relocates to Saudi Arabia with fresh funding in hand

Egyptian e-commerce platform for health products, WellPal, has relocated to Saudi Arabia after securing an undisclosed investment round...

WellPal E-commerce health and fitness

Egypt

Saudi q-commerce Nana acquires Rasseed app

Saudi Arabia-based dark store grocery delivery startup Nana has acquired Rasseed application for an undisclosed value. Founded in 2016...

Nana Raseedi

Egypt

Entlaq partners with Savannah to suppoert Sudanese entrepreneurs in Egypt

Entlaq, an Egypt-based entrepreneurial think tank, has partnered with Savannah, a Sudanese incubator, to support Sudanese migrants and...

Entlaq Savannah

Egypt

Bokra, CIC launch $207,000 fund to back entrepreneurial students

Egypt-based fintech Bokra and the Canadian International College (CIC) have jointly launched a $207,000 fund to back Egyptian students...

Bokra Academy Bokra CIC

Egypt

EdVentures selects eight Egyptian edtech startups to support

Egypt-based EdVentures, the VC arm of Nahdet Misr Group specialising in edtech, has invested in eight new edtech startups. The eight...

EdVentures EdTech

Egypt

Egypt's Entrepreneur Awards announces winners of 2024 edition

Egypt’s Entrepreneur Awards (EEA) has celebrated the closing of the fourth edition of its annual contest, where 15 Egyptian...

EEA Egypt's Entrepreneur Awards

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