USD 6.2 Mn Seed Capital Raised by Egyptian B2B E-Commerce Startup MaxAB

The Egyptian B2B e-commerce marketplace which connects food and grocery retailers to suppliers in underserved geographies has just raised a

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.

Egypt Has Gotten USD 2.3 Bn Worth Of Investments From The Afreximbank

According to a new statement from the African Export-Import Bank, it is in the process of investing USD 2.3 Bn

Swiss Companies Have Invested USD 1.6 Bn In Africa’s Gateway Market

Courtesy of the General Authority For Investments and free zones (GAFI), we’ve learned that 462 companies from Switzerland are operating


Cairo-Based “Money-Circling” Startup MoneyFellows Raises USD 1 Mn Pre-Series A

Egyptian fintech startup MoneyFellows has raised more than USD 1 Mn in a Pre-Series A bridge round. The investment was

Egypt’s HR And Payroll Startup PayNas Wins USD 50 K At Seamless North Africa 2019

Cairo-based HR and payroll management startup PayNas emerged the overall winner at this year’s edition of Seamless North Africa, taking

Four Egyptian Fintechs You Should Know

Egypt has the makings of a booming fintech industry. I didn’t say that. The IMF did. Egypt has tremendous potential

U.K’s Multiple Billion-Dollar Investments In Egypt Fore-runs Its North African Ambitions

British Minister of Trade, Liam Fox, said in Cairo, this week, that the United Kingdom aims to become the largest

Egyptian Fintech Startup XPay Secures USD 250 K Angel Investment

Cairo-based fintech startup XPay has raised USD 250 K in funding from a pair of unidentified angel investors. This investment

UK’s StatsBomb Takes Full Control Of Egypt’s Sports Data Startup ArqamFC

English football analytics firm StatsBomb has checked in and taken full control of Cairo-based sports data startups ArqamFC in a

Egypt Sets Up USD 57 Mn Facility For Fintechs

An approximated sum of 1 billion Egyptian pounds (USD 57 Mn) has been set up for Egypt’s fintech startups, as

Egypt’s Unemployment Rate Drops As Its Economy Regains Steam

Egypt’s unemployment rate has dropped to pre-revolution levels in the wake of the North African country’s economic rejuvenation alongside an