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Egypt’s e-commerce startup Capiter to invest EGP 500 mn in 2021
STARTUP WATCH- E-commerce company Capiter plans to invest EGP 500 mn next year to expand its geographical presence and the…
RMBV to launch USD 300 mn MENA fund
INVESTMENT WATCH- RMBV about to hit the road to raise a USD 300 mn fund that will target the Middle…
What we’re tracking on 14 October 2020
Good morning, wonderful people. The big news of the day: We may still face a second wave of covid-19, but…
Enterprise Explains: The VIX
Enterprise Explains: The VIX. Cast your mind back to March of this year. Global markets were spiraling the drain as…
Elsewedy Capital, Gulf Cryo partner on new air separation unit in Egypt
Elsewedy Capital, Gulf Cryo partner on new air separation unit in Egypt: Elsewedy Capital has set up a JV with…
Plus Venture Capital to invest USD 60 mn in 120 MENA tech startups with new fund
STARTUP WATCH- Plus Venture Capital looks to invest USD 60 mn in 120 MENA tech startups with new fund: Plus…
Egyptian delivery app Dreevo secures six-figure USD pre-seed investment
STARTUP WATCH- Egyptian delivery startup Dreevo has secured a six-figure USD pre-seed investment from EF Logistics, allowing it to launch…
EIB to commit USD 10 mn to Egypt- and Jordan-focused Badia VC fund
INVESTMENT WATCH- The European Investment Bank (EIB) is planning to commit USD 10 mn in equity to Egypt- and Jordan-focused…
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