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Infrastructure 
Flextock seals record pre-seed funding
An Egyptian logistics player just set a regional record for pre-seed funding: Logistics startup Flextock has closed a USD 3.25…
GIZ Egypt to set up EUR 100 mn funding program for new VC outfits
GIZ to invest up to EUR 100 mn in young VCs: GIZ Egypt has partnered with the government’s Micro, Small…
Paymob wants to set up shop in Saudi
Payment gateway Paymob is looking to roll out digital payment services in Saudi Arabia in the coming five years as…
Kuwaiti coffee app Cofe to enter Egypt
Kuwaiti coffee delivery app Cofe is planning to expand into Egypt and Turkey after raising USD 10 mn in a…
Cairo Angels invests in Kashat
Kashat has landed Cairo Angels’ largest investment to date: VC firm Cairo Angels has made an undisclosed investment in our…
Elmenus eyes Africa expansion by the end of the year
Online food delivery platform Elmenus is planning to expand into new African markets by the end of the year, our…
The secondary market for homes just got interesting to NBFS players — and to tech
Real estate startups Isqan.com and Qasatli have partnered up to provide installment plans to online homebuyers, Isqan said in a…
Grocery app Appetito secures USD 450k in funding
Cairo-based grocery-delivery startup Appetito has secured USD 450k in seed funding to be put towards its product portfolio expansion, according…
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