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AI + Innovation (MENA) 
Infrastructure 
Elmenus closes USD 10 mn pre-series C
Our friends at homegrown food ordering platform Elmenus closed a USD 10 mn pre-series C funding round led by Fawry,…
Eight Egyptian startups raise USD 52 mn in June
Egyptian startups were the second highest recipients of funding in MENA in June, with eight businesses raising USD 52 mn,…
A record-breaking year for IPOs. Plus: Have commodities peaked?
Another record-breaking year for IPOs: Almost USD 350 bn has been raised in IPOs in 1H2021, exceeding the previous record…
TONIGHT: Greek PM in Egypt. + Abu Dhabi could get its first IPO in four years. ALSO: No World Cup 2022 for the unvaccinated
It’s an action-packed Monday news cycle today, ladies and gentlemen, with our energy diversification and transition plans guiding the conversation.…
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,…
Jumia flags Egypt as a top investment destination, looking at everything from digital payments to last-mile delivery
Africa-focused e-commerce giant Jumia plans to invest over USD 590 mn in Egypt and other African countries over the upcoming…
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…
The future of grocery shopping is here
Remember how the prospect of a trip to the supermarket used to be a barrier to satisfying your late-night cravings?…
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