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Valu clears secondary sale to institutional investors
The sale pencils out to EGP 603 mn, valuing the homegrown BNPL at roughly EGP 24.1 bn, by our math
Converted acquires Egyptian fashion platform Mitcha
“For me, the decision was about finding the right partner to scale what we built with Mitcha,” Mitcha Founder Hilda…
Banknbox and ASD Smart aim to bridge Sudan’s isolated banking apps by 2026
Plus: Schneider Electric, Zerotech, and AOI to assemble data center units locally, Breadfast raises USD 50 mn in funding round
Financial Regulatory Authority makes life and disability ins. mandatory for all customer finance loans
Consumer finance players, already battling high interest rates and inflation, must now bake ins. premiums into their cost structure
Kadmar adds to Ain Sokhna’s storage capacity
PLUS- GB Lease and Factoring closes its largest securitization bond issuance yet
Valu gets regulatory green light to start operations in Jordan
Former Jordanian Investment Minister Mothanna Gharaibeh will serve as chairman of Valu Jordan
Maersk returns to the Red Sea, EFG Hermes advises on Kuwait IPO, and EBRD gives Alexbank green financing
Maersk vessels are slowly making their way back to Red Sea waters Shipping giant Maersk’s Sebarok ship passed through the…
Egyptians embrace digital-first, health-focused food shopping -PwC
Findings from PwC’s 2025 Voice of the Consumer report
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