Wamda

Egypt

Egypt ratifies its Fintech Act

Egypt has ratified its Fintech Act, which regulates the work of fintech companies in Egypt. As per the new regulations, the...

Egypt Fintech

Egypt

Wasla raises $9 million from Contact Financial Holding

Egypt-based e-commerce platform Wasla has raised $9 million from Contact Financial Holding, formerly Sarwa Capital. Founded in...

E-commerce wasla

Egypt

MoneyHash raises $3 million pre-Seed funding

US-based Egyptian fintech MoneyHash has raised $3 million in pre-Seed funding, led by UAE venture capital firm COTU Ventures, with...

MoneyHash COTU Ventures VentureSouq

Egypt

Egyptian proptech Nawy raises $5 million Seed round

Cairo-based proptech Nawy has closed a $5 million Seed funding round, led by the Sawiris family office. Founded in 2016 by Mohamed...

Nawy Proptech

Egypt

Egypt fintech Thndr raises $20 million in Series A

Egypt-based fintech Thndr has raised $20 million in a Series A round co-led by Tiger Global, BECO Capital and Prosus Ventures with...

Thndr Fintech

Egypt

Funeral services platform SOKNA raises $1 million Seed round

Egypt-based funeral services startup SOKNA has closed a $1 million Seed round with participation from Mentors Fund, SBX Capital, ACE...

Funeral Services Sokna

Egypt

Nawah Scientific raises funding from CASF

Egypt-based life science startup Nawah Scientific has raised an undisclosed sum from the Cairo Angels Syndicate Fund...

Nawah Scientific

Egypt

Egypt’s Yalla Fel Sekka raises $7 million Series A

Egypt-based logistics and quick commerce startup Yalla Fel Sekka has raised a $7 million Series A round, led by ADQ’s venture...

Yalla Fel Sekka Logistics E-commerce

Egypt

Brimore raises $25 million in Series A

Egypt-based social commerce platform Brimore has raised a $25 million Series A round, led by the International Finance Corporation (IFC)...

Brimore

Egypt

Splendapp raises pre-Seed round to fuel expansion

Egypt-based Splendapp has raised a six-figure pre-Seed round from Saudi Arabia-based angel investors. Founded in 2020 by Mohamed...

TheSplendApp SAAS

Egypt

Fawry to raise $50.8 million growth capital, explores a US Listing

Cairo-based fintech Fawry plans to raise $50.8 million of growth capital through a rights issue to existing shareholders, to be used to...

fawry Fintech

Egypt

The issue of e-pharmacy in Egypt

When Amazon acquired US-based e-pharmacy startup PillPack in 2018 in a deal valued at $753 million, it sent repercussions across the...

e-pharmacy B2B marketplace Chefaa

Egypt

ExpandCart closes $2.7 million pre-Series B round

Cairo-based e-commerce platform builder ExpandCart has raised $2.7 million in a pre-Series B bridge funding round, led by Hong...

ExpandCart e--commerce

Egypt

Mozare3: Enabling small farmers in Egypt to become bankable

The agriculture sector is the largest employer in Egypt; nearly 28 per cent of the total workforce work in agriculture, according to USAID....

Agtech Mozare3

Egypt

Egypt's edtech Orcas raises $2.1 million

Cairo-based edtech Orcas has raised $2.1 million in its pre-Series A round, co-led by CIRA’s NFX Ventures and Access Bridge...

Orcas EdTech

Egypt

Egypt's foodtech 3attar raises Seed investment

Cairo-based foodtech startup 3attar has secured Seed investment from AUC Angels, UI Investment and a group of angel...

3attar foodtech AUC Angels

Egypt

B2B e-commerce Gahez raises $2 million pre-Seed round

Egypt-based e-commerce Gahez has raised a $2 million pre-Seed round, led by Disruptech Ventures with participation from Egypt Ventures,...

Gahez Disruptech Ventures Fashion

Egypt

Three edtechs raise funding from EdVentures, ASRT

Egypt-based edtechs OBM Education, Super Fny and Crafty Workshop have raised fresh funding from EdVentures and The Academy of...

EdTech EdVentures

Egypt

Aumet acquires Egypt's Platform One

Jordan-born and US-headquartered B2B healthcare marketplace Aumet has acquired Egypt-based healthcare supply chain solutions startup...

Aumet Paltform one

Egypt

AIM Technologies raises Seed round from Sequence Ventures

Cairo-based AI-based customer experience platform AIM Technologies has raised its Seed round, led by Sequence Ventures, a newly-launched...

AIM Technologies Sequence Ventures

Egypt

SweepSouth fully acquires Filkhedma

South African startup SweepSouth, has acquired 100 per cent of Egypt-based marketplace for home services Filkhedma for an undisclosed...

Felkhedma home services marketplaces

Egypt

Flat6Labs partners with ESLSCA for student incubation programme

Flat6Labs has launched an innovation and entrepreneurship incubation programme, in partnership with ESLSCA University. The programme...

Flat6Labs ESLSCA

Egypt

UAE’s ADQ to invest in Egypt as part of TSFE deal

Abu Dhabi’s state-owned holding firm ADQ has expanded its services into Egypt, by opening its Cairo office. The opening of...

ADQ Sovereign Fund of Egypt TSFE

Egypt

Has the Egyptian startup ecosystem “made it”?

Michel Assaad is a startup mentor and the vice president of Europe, Middle East and Africa strategy at Citi Bank.The views expressed below...

fawry Swvl Vezeeta

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