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Regional startups have 32 mn reasons to be happy
Flat6Labs has launched a new fund in Abu Dhabi in partnership with ADQ: Sixty regional startups will receive USD 32…
Fintech
Also on our Radar on 31 March 2021
Egypt-Sudan electricity link gets a boost: Siemens Energy was awarded a contract to build two grid stabilization stations in Sudan…
Fawry net income surges 81% in 2020
Fawry’s net income increased 81% y-o-y in 2020 to reach EGP 186 mn, up from EGP 103 mn the year…
Orascom Financial pushes into fintech
Orascom Financial Holding (OFH) is making its entry into the fintech space, announcing today in an EGX statement (pdf) that…
What we’re tracking on 30 March 2021
The torrent of news continues, everyone, at home and abroad as we speed toward the end of the first quarter.…
What the markets are doing on 30 March 2021
The USD 20 bn “firesale” of Chinese and US tech stocks last week is the doing of hedge fund Archegos…
What we’re tracking on 28 March 2021
Good afternoon, and welcome to the weekend+ edition, as much of the news day consisted of updates to main headlines…
Also on our Radar on 25 March 2021
Legislation that would impose harsher penalties for FGM earned approval (somewhat begrudgingly) from the House Legislative Committee yesterday, after the…
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