Halan; a ride-hailing app for motorcycles and tricycles (commonly called ‘tuktuks’) has secured a multi-million dollar Series-A investment in a
Egyptian startup; Swvl, has announced the closing of a Series-B round co-led by three investors in its previous funding round;
This stands to be the largest round of funding for any tech start up in Egypt as per Mostafa Kandil,
Competing with deep-pocketed competitors by leveraging social networks, Kenya’s UTU, the company that runs Maramoja, a trust-based taxi hailing app,
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