Egypt
Egypt’s EdVentures invests $400,000 in El Kheta educational platform
“EdVentures,” the investment arm of Nahdet Misr Group and the first venture capital company specializing in the educational technology sector in the Middle East, has announced a $400,000 i...
Banque Misr launches the Startup Accelerator Program “TEQDAR”
Banque Misr’s has recently launched the Startup Accelerator Program ‘TEQDAR’, which serves as an accelerator for startup growth. Startups can apply for the third cycle of the Startup...
Cairo-based startup Sahl raises $6 million
Cairo-based startup Sahl has raised $6 million in Series A and seed funding to act as a one-stop shop for household bills in collaboration with government entities. Ayady for Investment and Developmen...
Egypt-based fintech Thndr announced its entry into UAE
Thndr, the MENA region’s mobile-first investment platform, announced its market entry into the UAE after tasting success in Egypt, where, according to the company, it has become the #1 investmen...
Beltone witnesses 812% increase YoY to report EGP1.33 billion revenue
Beltone Holding, one of the fastest-growing financial institutions in Egypt, announces its consolidated financial and operational results for the period ending March 31, 2024.
OneOrder raises $16mln in series A funding round
OneOrder, the tech supply chain and logistics solution that has revolutionised the hotel, restaurant, and catering (HoReCa) industries in Egypt, announces that it has raised $16m equity and debt in a ...
IFC invests $150 million to support Africa’s small and mid-cap companies
IFC announced a $150 million investment in four projects supporting Africa’s small businesses and mid-cap companies. The investments included: An advisory program with Egypt’s Universal He...
Paragon Developments enhances the concept of proptech and smart cities at Startups Without Borders Summit
Paragon Developments participated in the Startups Without Borders summit in its 5th edition, held on May 10th and 11th at the “Kamelizar Spaces District 5.” This edition was titled “...
Glint closes its second venture fund at $3 million
Egypt-based investment firm Glint has completed the first close of its second venture fund at $3 million, supported by Wadi Degla Group.The new fund will focus on supporting startups through its propr...