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Delivery startup Appetito raises USD 2 mn pre-seed funding
Cairo-based grocery delivery startup Appetito has raised USD 2 mn in pre-series A funding, the company said in a statement…
Egypt is up for a slice of BlackRock’s new climate-focused EM infrastructure fund
Egypt is among the “attractive” emerging markets in which BlackRock could be investing through its new USD 673 mn climate-focused…
TONIGHT: Kids are getting Pfizer shots in Egypt + we have appetite for SPACs already + the Unified Budget Act is on the docket for parliament
It’s another news dump day on hump day, ladies and gentlemen. And if you’re like some of us here and…
Delivery startup ShipBlu secures USD 2.4 mn seed round
Last mile delivery startup ShipBlu raised USD 2.4 mn in a seed round led by Saudi Arabia’s Nama Ventures, according…
Edita to kickoff production in Morocco within days, Egypt operation looks to expand bakery capacity in early 2022
Edita’s first production line in Morocco will be up and running within days, IR director Menna Shams El Din confirmed…
TONIGHT: Egypt is getting on the SPAC train + NBE is getting a USD 200 mn loan for infrastructure onlending + COP26 gets underway with a sobering warning
To quote Bone-Thugs-N-Harmony: “Wake up, wake up. It’s the first of the month.” And already it’s looking very busy, with…
Zilla Capital acquires two firms, eyes two more acquisitions
Investment firm Zilla Capital has acquired Naeem Holdings subsidiary Naeem Capital Investment, according to an EGX disclosure (pdf). Naeem Capital…
Microsoft is the world’s most valuable public company
Microsoft is tech’s top dog once again, reclaiming its spot as the world’s most valuable publicly-traded company after Apple took…
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