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Aman / Taqa fintech to launch in 4Q, IDH’s CEO ups stake in company
Aman + Taqa’s fintech venture to launch in 4Q 2022: Raya Holding subsidiary Aman and Qalaa Holdings’ Taqa Arabia hope…
The meme-stocks are (kind of) back + Serious droughts are unearthing lost archaeology
Return of the meme-stock investors? Retail investors in the US have been showing new signs of life after largely keeping…
Convertedin + Sharwa close funding rounds
Marketing startup Convertedin has closed a USD 3 mn seed round, it said in a press release picked up by…
THIS MORNING: The Central Bank of Egypt is getting into contactless payments
Good morning, friends, and happy hump day. It’s a truly slow newsday (we are, indeed, in the dog days of…
Fragmented infrastructure is proving a headache for e-commerce players in Egypt
Egypt’s infrastructure isn’t where it needs to be for e-commerce players to run the show in an orderly fashion: E-commerce…
Gov’t sees startups raising USD 850 mn this year, but it’s going to be a tough slog
Egyptian startups should reel in a combined USD 850 mn of investment by the end of 2022, Communications Minister Amr…
Cartona raises USD 12 mn series A funding
Egyptian B2B e-commerce platform Cartona has raised USD 12 mn in a series A round led by VC firm Silicon…
valU’s BNPL services are now available on Amazon Egypt
EFG Hermes’ subsidiary valU’s buy-now-pay-later installment plans are now available to customers of Amazon Egypt, according to a joint statement…
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