INVESTMENT WATCH- Cairo Angels is investing in Egypt-based shipment platform Bosta, according to Forbes Middle East. The report did not disclose the investment value, but says it followed Numu Capital’s decision to invest in the startup. Bosta is a logistics tech company that allows customers to send and receive shipments and track them online. “We are very confident that Bosta can deliver a compelling solution to a very real problem that is clearly identifiable across emerging markets and beyond,” Cairo Angels chairman Aly El Shalakany is quoted as having said. Bosta is planning to expand regionally.

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