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Online fashion store Namshi coming to Egypt
Online fashion store Namshi is coming to town: Dubai’s Emaar Malls’ recently acquired e-commerce fashion platform Namshi is eyeing expanding…
Facebook joins race for AI chips
Facebook joins race for AI chips: Facebook is playing catch up to Amazon and Google in developing chips that can…
E-commerce service Noon launches beta testing in Egypt
Mohamed Alabbar’s Dubai-based e-commerce platform Noon is moving into Egypt, announcing yesterdaythat it has launched in Egypt in beta, marking…
10k CIB corporate clients using online platforms to access GTS services
10,000 corporate clients of CIB’s global transaction services (GTS) department are using online platforms to access its services, Chief Digital…
Egypt fastest growing startup market in MENA which raised USD 893 mn in 2018
Is Egypt the fastest growing startup market in MENA? Egypt is the fastest growing startup ecosystem and the second largest…
valU to extend its services to more online shoppers in Egypt
EFG Hermes Finance’s valU is in talks with six e-commerce companies to extend its payment-on-instalment services to more online shoppers,…
Jumia Black Friday sales jump 280% in 2018 compared to 2017
FACT OF THE MORNING- We love e-commerce. Jumia’s Black Friday sales grew 280% this year compared to 2017, helping drive…
Jumia execs to discuss e-commerce tax with ICT Ministry officials this week
Executives from online retailer Jumia are meeting with ICT Ministry officials this week to discuss the government’s new framework for…
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