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Flat6Labs launches USD 95 mn Africa-wide seed fund
The fund will onboard two cohorts of 10-15 startups annually
TCV plans to spend USD 30 mn to add two food companies to its portfolio
The PE outfit wants sizable minority stakes in the two firms
Local startups are starting to get their deposits from SVB
Scores of Egyptian startups have money tied up with the bank
CI Capital reportedly marketing at least 10% of Safi, Wataniya to strategics
CI Capital plans to wrap up the roadshow within a month
THIS EVENING: Safi + Wataniya are each selling 10% stakes + US inflation accelerates as Fed grapples with SVB
Happy hump day, wonderful people. The steady newsflow we’ve grown accustomed to over the past couple of weeks is still…
Karim Helal, president of Concord International Investments Group
Karim Helal (LinkedIn) is now president of Concord International InvestmentsGroup. He also serves as the chairman of Sequence Ventures, a…
ADQ reportedly in early stage talks for a stake in Delta Sugar
Delta says it hasn’t received any offers
GAFi has three new deputies
Three new appointments to GAFI: Prime Minister Moustafa Madbouly has appointed three deputies to the CEO of the General Authority…
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