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Egypt’s MaxAB and Kenya’s Wasoko complete Africa's largest-ever tech merger
The merger establishes a Pan-African platform serving Africa's USD 600 bn informal retail sector
Crypto companies account for half of corporate donations to political parties
Make the crypto corporations happy or they’ll take matters into their own hands
Valu closes first EGP 1.1 bn securitized bond issuance under new EGP 16 bn program
This is Valu’s 11th securitized bond issuance
Some 1.6k meds set for price hikes by the end of 2025. PLUS: Home Group Development, Dream Agro, Global Biodiversity Framework Fund, Wfrley, Egypt Healthcare Authority
Companies could receive the greenlight to hike the prices of some 600 types of meds before the end of 2024
Government reportedly gearing up for October international gas exploration tender. PLUS: Fawry to launch Saudi operations in 2024, Ceramica Venezia resumes operations, Le Pacha 1901 to offload controlling stake
Oil Minister Karim Badawi has agreed with foreign partners operating in Egypt to accelerate development plans for concession sites
CI Capital, E-finance, GB Corp, Elsewedy Electric report earnings
CI Capital saw its net income more than double during the first half of the year
TMG Holding, Contact Financial, Fawry report earnings
TMG Holding’s net income saw a “remarkable” 308% y-o-y increase during 1H 2024
Local fintech player Lucky One raises USD 3 mn in convertible note funding
The financing round will enable the startup to scale up its credit lending offering to users in Egypt
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