INVESTMENT WATCH- Logistics tech startup Bosta has secured seed investment from e-payment provider Fawry in a transaction entailing a share purchase and capital increase. Bosta said it plans to “leverage its latest investment to develop its online delivery platform, boost its user-experience and disrupt the delivery service market in Egypt while maintaining an eye for other regional opportunities.” The investment is the third that Bosta has secured in 2017. The value of the investment by Fawry was not disclosed. You can read the full announcement here (pdf).

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