Egyptian Startup GoodsMart Secures Additional Funding From Algebra Ventures

Egyptian startup GoodsMart has announced it has received additional funding from Cairo based investor Algebra Ventures. Algebra Ventures, who is

New Study Ranks Egypt Top Investment Destination In 2019

A new study by South Africa’s Rand Merchant Bank (RMB) has ranked Egypt the top most attractive investment destination in

Egypt’s Retail Industry To Get USD 500 Mn Boost From UAE’s Retail Giant Lulu

United Arab Emirates-based retail trade-focused Lulu Group International is going to invest DH 2 Bn (USD 544,510,000) in Egypt’s retail


Egypt’s Street Food Startup Zooba Eats Raised USD 4 Mn To Expand To New York

Cairo-based street food restaurant chain Zooba Eats, according to a release, has raised USD 4 Mn in Series A –

This Egyptian Entrepreneur Is Creating Wealth From Garbage With The Help Of Local Farmers

Surmounting the countless hurdles and getting the better of the numerous obstacles that litter the road to entrepreneurial success in

What Entrepreneurs Can Learn From The Failures Of These Five Startups

It was a cold evening in the winter of 2010 when the dreaded moment finally came. On this particular evening,

Egypt’s Buseet Gets Seed Round Extension From Saudi-Based Vision Ventures

It appears to be raining dollar bills for Egyptian transport-tech startups as the sector has witnessed a flurry of investment

Egypt’s Sawari Ventures Scores USD 35 Mn In First Tranche Of Its New Fund For North Africa

Egyptian VC, Sawari Ventures, has announced a first closing of USD 35 Mn for its latest fund called Sawari Ventures

Egypt’s Nawah Scientific Gets USD 1 Mn Funding Boost From Endure Capital

Egyptian research startup, Nawah Scientific, has secured an investment worth USD 1 Mn in a pre-Series A round led by

Egyptian Healthtech Startup Vezeeta Raises Investment From IFC

Egyptian healthtech startup, Vezeeta, has secured an undisclosed amount of investment from World Bank Group’s International Finance Corporation (IFC). This

Egyptian Transport Startup Halan Closes Series-A Round Led By Algebra Ventures And Battery Road Digital Holdings

Halan; a ride-hailing app for motorcycles and tricycles (commonly called ‘tuktuks’) has secured a multi-million dollar Series-A investment in a

Egyptian Transport-Tech Startup Swvl Scores Huge Series-B Investment

Egyptian startup; Swvl, has announced the closing of a Series-B round co-led by three investors in its previous funding round;

Egyptian Startup Fakahany Secures USD 700 K Seed Investment From Endure Capital And Angel Investors

Cairo-based farm-to-door fresh produce eCommerce platform, Fakahany, has raised investment of USD 700 K in a seed funding round led

Egyptian Bot Building Startup WideBot Wins USD 10 K In GITEX Challenge

WideBot; an Egyptian startup that is making significant strides as an AI-based bot building platform, has bagged a USD 10

Egyptian Startup HitchHiker Secures USD 200 K Investment From Angel Investors

HitchHiker; a Cairo-based international Peer-to-Peer (P2P) shipping platform, has raised investment worth USD 200 K from a network of angel

The African E-commerce Saga: Chapter Egypt

Yasuhiro Fukushima, a Japanese business executive, was not wrong when he said, “In the future, instead of buying bananas in

North Africa This Week: Startup Events Glimpses [1st-7th October, 2018]

This past week saw the North African startup ecosystem play host to some events that can be thought to be

Egyptian Real Estate Startup iCommunity Secures USD 600 K Series-A Investment From Algebra Ventures

iCommunity; an Egyptian mobile community platform for the real estate industry, has announced the receipt of a Series-A investment valued

This Egyptian Startup Is Making Car Rides Smoother One Spare Part At A Time

Imagine being held up on a cold, rainy night because your car blew up yet another gasket to make it

Egyptian Startup MAYDAY Raises USD 20 K In First Ever Funding Round Led By VFlock

Barely four months into its official launch, Egyptian startup, MAYDAY, has secured investment of USD 20 K in an initial

Egyptian Shuttle Bus Service Startup Buseet Secures Seed Investment From Cairo Angels & 500 Startups

As recently announced by the angel network, Buseet; a Cairo-based startup that runs a shuttle bus service has secured investment

Egyptian Healthtech Startup Vezeeta Raises USD 12 Mn Series-C Investment From Saudi’s STV Capital

In what could be considered the largest ever lone investment garnered by an Egyptian startup, Cairo-based healthtech startup, Vezeeta, has

Egyptian Agritech Startup FreshSource Secures Investment From HIMangel

In a move that is expected to bolster its B2B food supply platform, Cairo-based Agritech startup, FreshSource, has secured an

Egyptian Blockchain Startup Elkrem Scores USD 75 K From US-Based Accelerator

In a move that is expected to bolster its plans of launching its product globally, Egyptian blockchain startup, Elkrem, has

This Egyptian Entrepreneur Is Helping Women Empower Women In No Ordinary Way

When Nayrouz Talaat took to the podium on Demo Day of the first cycle of this year’s EG Bank’s MINT

Egypt’s AlMaqarr Secures Investment From Cairo Angels And Alex Angels

As indicated in a statement that was made public yesterday by the Egyptian angel network, Egyptian coworking space, AlMaqarr, has

Egypt’s Aqarmap Secures Investment From Wamda Capital, KISP And Raed Ventures

Egyptian startup, Aqarmap, an online real estate marketplace, has secured investment from a trio of investors which include UAE’s Wamda

Egyptian Government Ratifies Law To Regulate Social Media Accounts With Over 5000 Followers

It appears Egyptian President, Abdel Fattah al-Sisi, has formally approved a law which dictates that all social media accounts with

How This Egyptian Entrepreneur Is Tackling The Talent Problem In The Cybersecurity Industry

Heard about the Australian kid who got a bite off the Apple? Well, here’s a dose of reality; just a

These Five Egyptian Social Enterprises Pitched At StartEgypt’s Office Launch

StartEgypt which is the result of concerted efforts between the British Embassy Cairo, the International Finance Corporation (IFC), and Flat6Labs,