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Paymob interest the UAE, TPay is streamlining + Mozare3 could team up with the IFC to help local farmers
Paymob enters the UAE: Fintech startup Paymob has expanded into the UAE and made the country its regional hub, it…
Camel Flour Mills acquires majority stake in Five Star Mills
Camel Flour acquires struggling flour producer: Al Moatabar Group’s Camel FlourMills(CFM) has acquired a majority stake in the distressed high-end…
MoneyFellows raises USD 31 mn in series B funding
MoneyFellows closes bumper series B round: Egyptian fintech startup MoneyFellows has raised USD 31 mn in a series B funding…
valU + aiBANK to provide finance to Sylndr customers
Other things we’re keeping an eye on this morning: valU and aiBANK are providing finance options to customers of Sylndr,…
THIS MORNING: UAE, Egypt mark 50 years of ties + School is NOT out
Good morning, friends, and welcome to another very busy news day. We’re stuffed to the gills this morning, so we’re…
Novartis will allow a local manufacturing of leukemia med + Network International could ramp up competition in Egypt’s PoS space
Leukemia meds could be produced locally in Egypt: Pharma giant Novartis signed a licensing agreement allowing local manufacturers in seven…
Fawry appoints new chief financial officer
Fawry has appointed Hesham Bahaa (LinkedIn) as chief financial officer, effective 1 November, it said in a statement (pdf) yesterday.…
valU acquires an undisclosed minority stake in payments app Kiwe
EFG Hermes’ BNPL platform, valU, has acquired an undisclosed minority stake in fintech Kiwe, Kiwe CEO Fatma Ibrahim confirmed to…
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