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Fintech startups raised record USD 167 mn in 1H2022
Who is investing in Egypt’s fintech startups? 2021 was a bumper year for fintech funding in Egypt, we wrote earlier…
Capricorn Energy doesn’t want a merger + Biden eyes petrol tax holiday
A second shareholder in Capricorn Energy has come out against the proposed GBP1.4 bn merger with rival producer Tullow Oil,…
MNT–Halan acquires Talabeyah
This super app just became more super: MNT–Halan has acquired Cairo-based B2B e-commerce platform Talabeyah for an undisclosed amount, according…
KSA’s Alhokair family agrees to acquire 4.99% of valU
valU welcomes new minority Saudi owners: The Alhokair family looks set to acquire a 4.99% stake in EFG Hermes’ buy-now-pay-later…
Gulf sovereign funds are showing their African neighbors some love
Paving the way for more Gulf sovereign investment, here and across Africa? Three Gulf sovereign funds — Abu Dhabi’s ADQ…
THIS MORNING: Could war in Ukraine drag on for years? + File your taxes
It’s the unofficial legislation and policy issue, ladies and gentlemen, with debates in the House of Representatives over the budget…
The most recent climate conference bodes ill for COP27 + Meta is still gathering your data from all over the internet and businesses are to blame
A bad omen for COP27? The Bonn Climate Change Conference, during which the international community was supposed to prepare the…
Banking services led revenue growth for Fawry
Fawry grew its revenue streams in 1Q2022: Fawry’s net income fell 63% y-o-y to EGP 28.2 mn in 1Q2022, according…
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