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Stalemate
GERD talks end without agreement: Four days of talks between Egypt, Ethiopia and Sudan in Kinshasa have ended in stalemate…
Rail upgrades get a boost
AfDB has approved a EUR 145 mn loan to finance railway upgrades through the Egypt National Railways Modernization Project (ENRP),…
Why are VCs and angels wary about investing in green startups?
Why are VCs and angels wary about investing in green startups? In 2020, VCs and angel investors made 49 investments…
Sawari Ventures closes EGP 440 mn Egypt tech fund
Cairo-based VC firm Sawari Ventures has reached final close on its Egypt-focused tech fund, raising USD 28 mn (EGP 440…
Swvl courts businesses + students
Swvl is planning to begin offering rides to employees and students through B2B partnerships with private and public businesses of…
Japan’s Saraya to build USD 10 mn factory complex in SCZone
Japanese sanitizer maker Saraya is planning to build a USD 10 mn sanitizer and cosmetics factory complex in the Suez…
Also on our Radar on 1 April
A handful of things we’re keeping an eye on this morning: Egypt has taken 20 NGOs off its travel ban…
Claquette?
Egypt, Ethiopia and Sudan are reportedly heading back to the negotiating table this Saturday in the nth attempt to resolve…
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