Egypt
Sawari Ventures plans $150 million fund for Egyptian startups
Cairo-based leading VC firm Sawari Ventures has revealed its plans to initiate a new fund of $150 million for investing in Egyptian startups as the company is eyeing diverse sectors such as fintech, e...
Egypt’s M&A activity declines in 2023
According to the latest report by global law firm Baker McKenzie, based on LSEG data for globally announced M&A transactions, Egypt’s M&A in the second half of 2023 (H2 2023) experienced a 32%...
Egyptian logistics startup Bosta attracts strategic investment
Egyptian logistics startup Bosta announced a strategic investment from leading firms Axian Group, Avanz Capital, and Beltone Holding. This substantial funding, combined with Bosta’s recent achie...
Endeavor Jordan successfully concludes ‘DealMakers’ event in Cairo
Endeavor Jordan successfully concluded the 8th edition of its flagship investor/entrepreneur networking event, ‘DealMakers.’ The event witnessed an outstanding turnout, boasting over 400 guests repres...
Valu partners with Bosta and PayTabs to transform last-mile delivery service
Valu, MENA’s leading universal financial technology powerhouse, announced its partnership with Bosta, the leading tech-enabled last-mile delivery service provider in Egypt and Saudi Arabia. PayTabs Eg...
Egyptian edtech Edura secures pre-seed funding
Edura, the Egypt-based educational technology startup, announced the successful completion of an undisclosed pre-seed funding round led by Smart Zone Startups Studio and angel investors.
Egyptian startup Octane records EGP 1 bln sales in its 1st year of operations
Egypt’s leading fleet management and digital fuel payments startup Octane announced significant sales amounting to EGP 1bn in the 1st year of operations. The fuel sales were accomplished by proc...
Egyptian PE firm Ezdehar invests $10 million in healthtech startup Yodawy
Egypt-based private equity firm Ezdehar Management announced the purchase of a minority stake for $10 million in a healthtech startup Yodawy, which has emerged as a leading pharmacy benefits managemen...
Winners of Africa’s Business Heroes announced
Entrepreneurs hailing from Nigeria, Kenya and Egypt were in the top three following the final pitching session in the Grand Finale of the Africa’s Business Heroes (ABH). Africa’s Business ...