EGX Excellence Awards for 2022: EFG Hermes and state-owned fintech firm e-Finance were among the 10 companies recognized in the EGX Excellence awards ceremony on 18 April, according to a statement (pdf).

Walking away with awards were:

  • EFG Hermes (best financial securities trader)
  • e-Finance (best investor relations)
  • Citibank (best bond primary dealer)
  • Egypt Post (best government institution investing on the EGX)
  • CIB (best sustainability report)
  • Delta Sugar (best debut sustainability report)
  • Al Ahly Pharos (best investment research management)
  • Thndr and Mubasher (best creative financial securities trader)
  • Talaat Moustafa Group (best company utilizing money market instruments)
  • Madinet Masr for Housing and Construction (largest trading volume)
  • University of London and the Arab Academy for Science, Technology and Maritime Transport (best financial literacy program)

Seven Egyptian startups are among the 45 African companies longlisted for the second edition of the AfricaTech Awards, launched by accelerator VivaTech in partnership with the International Finance Corporation (IFC), according to an IFC press release. The program showcases startups in fintech, health tech, and climate tech. Three startups in each category will now be chosen by industry experts to attend the Viva Technology summit in Paris in June.

The Egyptian startups longlisted are: Fintech firms ValU (a unit of EFg Hermes) and Balad, healthtech startups O7 Therapy, PharmacyMarts, Rology, and Shezlong, and climate tech company Baramoda.

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