Egypt

Egypt’s ITIDA and Plug and Play partner to boost Egypt’s entrepreneurship and startup ecosystem

Egypt’s Information Technology Industry Development Agency (ITIDA) and the company Plug and Play have inked an agreement to establish a strategic partnership boosting Egypt’s entrepreneurship and star...

55% founders rate ‘raising investment’ as the prime stress

EMPWR is an exclusive mental health partner for WAMDA and Microsoft for startups, to create and publish a research report on the mental health challenges and wellbeing of entrepreneurs due to Covid-19...

Egyptian startup MaxAB acquires WaystoCap

MaxAB, the largest Egyptian B2B e-commerce platform that serves food and grocery retailers, has acquired WaystoCap, the Morocco-based B2B e-commerce and distribution platform that connects retailers w...

Arab Bank backs Egyptian cybersecurity, FinTech and AI startups

Arab Bank has launched an Egypt branch of its FinTech, artificial intelligence (AI) and cybersecurity accelerator. Arab Bank has recently launched its fintech-focused corporate accelerator programme “...

ITIDA, USAID, and AmCham advance the thriving startup ecosystem in Egypt

The Information Technology Industry Development Agency (ITIDA) has participated in the “Towards Creating an Enabling Environment for Venture Capital and Start-ups in Egypt” symposium, jointly arranged...

Fawry acquires stake in food delivery platform, elmenus

Egypt’s leading e-payments solutions provider, Fawry announced today that it has acquired a minority stake in elmenus, one of Egypt’s foremost food delivery platforms. Fawry’s investments in elmenus p...

Abwaab launches its subscriptions in Egypt for the upcoming academic year

Edtech startup Abwaab today announced that it is launching its subscriptions in Egypt for the upcoming 2021/22 academic year starting today. This decision comes on the heels of a growing demand from s...

Egypt’s networking app Tays raises pre-seed investment

Egypt’s-based networking app, Tays has managed to raise a 7-figure pre-seed investment from various angel investors from within the Egyptian startup ecosystem, which will enable Tays to start it...

Grocery startup, Appetito raises the seed round of $450k

Cairo-based grocery startup, Appetito has raised the seed round of $450k. The Startup operates through dark stores model, where products are sourced from manufacturers, stored in mini fulfilment centr...