RiseUp Acquires StarterHub, Two Months After Acquiring Menabytes

RiseUp, an Egyptian platform known to organize one of the leading entrepreneurship events in the MENA region, has acquired StarterHub,

Egyptian Logistics Startup Sprint Raises Six-Figure Seed Funding Following USD 1.25 Mn Pre-Money Valuation

Sprint, a logistics and delivery startup founded in 2018 has secured a six-figure seed funding from an undisclosed angel investor

World’s Longest Journey On an Electric Motorcycle to Build Egypt’s Largest Digital Library

World record holder Ali Abdo is targeting to achieve the third record by travelling to 75 cities across the world

Ed-tech Startup Knowledge Officer Founded By Egyptians Secures USD 500 K Grant

Knowledge Officer, an application that gauges skills and creates personalized learning paths to help users achieve their career goals, has


Cairo-based Medical Tourism Startup Doctoorum Lands Undisclosed Pre-Series A From Numu Capital

Egypt’s online marketplace for medical tourism Doctoorum has raised an unspecified amount of Pre-Series A investment from Dubai-based Numu Capital.

After A Successful 10 Years In Egypt, Fintech Pioneer Fawry Is Revving For New Markets

Cairo-based Fawry was founded in 2008, and the company is one of the early risers in Egypt’s fintech space. It

Egypt’s MEDAF Investments Buys Majority Stake In Al-Thoraya Oil Refining Company

Egypt’s Mediterranean and Africa (MEDAF) Investments Holding SAE, has taken up a 26 percent stake in the Al-Thoraya Oil Refining

UAE’s Lulu Is Finalizing Plans To Invest USD 500 Mn In Egypt – But It Looks Like The Retail Giant Is More Ambitious

February 2019, UAE-based retail giant Lulu signed a USD 500 Mn agreement with Egypt to boost the North African country’s

Egypt’s Fintech NowPay Raises USD 600 K From Endure Capital And 500 Startups

Cairo-based fintech startup NowPay has announced the close of its seed round, a USD 600 K venture investment from Silicon

8-Month-Old Egyptian Grocery Delivery Service Trolley Carts In USD 200 K In Seed Funding

Cairo-based grocery delivery platform Trolley, which was launched in January this year, has secured USD 200 K in seed investment.

Africa’s Top Investment Destination Has Hurled In USD 880 Mn Worth Of Japanese Investments

Egypt’s Minister of Investments, Sahar Nasr, has revealed that Japenese investments in the country so far have reached USD 880

This New Initiative Brings Together African Business Women- And With It Comes Much More

Promotion of gender equality and women’s empowerment is not new in Kenya and Africa, there have been several initiatives put