Egypt
Gahez raises $2 million in its latest funding round
Egypt-based e-commerce startup and B2B fashion marketplace Gahez has successfully raised $2 million in its latest funding round. The pre-Seed round was led by Disruptech Ventures with the participatio...
Egypt’s leading e- payment solution provider, Fawry to launch a new consumer finance company
Egypt’s leading e- payments solutions, Fawry announced plans to establish a consumer finance company, Fawry Consumer Finance with an aim to offer more options to consumers at the check out. The...
Egypt’s B2B e-commerce startup, Capiter opens new office in Dubai
Egypt’s B2B e-commerce startup, Capiter that brings together Manufacturers, wholesalers, and retailers on one platform, announced the opening of its new office in Dubai, UAE.
Egypt’s Breadfast secures $26 million in Series A round
Egypt’s leading grocery delivery platform, Breadfast today announced that it has secured $26 million in a Series A round, co-led by Vostok New Ventures and Endure Capital. The round included participa...
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...