Egypt
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 ...
Fawry partners with MoneyHash platform
Fawry, Egypt’s leading provider of electronic payment and digital financial services, announced its cooperation with MoneyHash, an all-in-one payment and revenue operations platform serving the ...
Egypt-based healthtech Almouneer raises $3.6 million
Egypt-based healthtech Almouneer announced that the company had raised $3.6 million in a seed funding round led by Dubai-based Global Ventures, with participation from other renowned international inv...
Egyptian edtech startup, Crafty Workshop secures $400,000 in seed funding
Egyptian edtech startup, Crafty Workshop has successfully secured a Seed funding round of $400,000, led by EdVentures. Founded in 2019 by Hadeer Shalaby and Amgad Moustafa, Crafty Workshop is a leadin...
500 Global and ITIDA launch Scale Up Programme in Egypt
500 Global, one of the world’s most active venture capital firms, and The Egyptian Information Technology Industry Development Agency (ITIDA) announced Batch 1 of the 500 Global in Egypt Scale Up Prog...
Egypt based Dar Ventures and Acasia Group launches DarE Incubator
In a strategic move aimed at advancing the entrepreneurship ecosystem in the Architecture, Engineering, and Construction (AEC) industry, Dar Ventures officially unveiled the DarE Incubator. This visio...
USAID supports entrepreneurship in Egypt
23 startups celebrated their graduation from Cohort 3 of Sultan Hussein Kamel Innovation Hub in Cairo, Egypt in the presence of the new USAID Mission Director in Egypt, Sean Jones, and USAID’s Chief I...