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Liwwa to invest portion of USD 3 mn pre-series funding in expanding SME business in Egypt
Amman-based fintech startup Liwwa plans to raise USD 3 mn in pre-series B funding to expand its SME lending in…
Khazna, Masria Digital Payments, ADIB partner to launch salary advance card
Underbanked employees and gig workers will be able to instantly access their wages in advance through “Khazna Card,” a Meeza…
TONIGHT: More Astrazeneca incoming. + A top US general is in Cairo. + Boeing-Airbus dispute finally shelved. ALSO: Source code for the internet is being auctioned off as an NFT.
Good afternoon, everyone, and welcome to a pleasantly brisk afternoon of news, with stories on M&A, digital payments and waste…
Fatura raises USD 3 mn pre-series A round
Egyptian B2B marketplace Fatura closed a USD 3 mn pre-series A funding round co-led by Sawari Ventures and Arzan VC,…
TONIGHT: We’re waiting on Egypt's draft budget. + More from G7 summit. ALSO: Eastern Company isn’t selling securitized bonds.
Good afternoon friends, and welcome to the start of another busy work week. Between the G7 meetings and the heads…
Ebtikar sets IPO deadline by 4Q2021
Ebtikar has narrowed the deadline for its planned EGX debut to 4Q2021, after having eyeda larger window within 2H2021 to…
TONIGHT: Egypt’s annual headline inflation reaches 4.8% in May + Kenya, Uganda and Tanzania seek USD 16 bn for post-covid recovery. ALSO: ECB to set monetary policy today.
It’s a busy news day to wrap up the week, ladies and gents. We have a mix of major macro…
Rising inflation a “time bomb,” says Deutsche Bank
Rising inflation could be a ticking “time bomb”: Deutsche Bank economists have warned of an impending global economic crisis starting…
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