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AI + Innovation (MENA) 
Infrastructure 
Faced with FX spending limits, startups are struggling to keep up with expense requirements
For many startups, two of the biggest budget line items — tech tools and ads — need to be paid…
EBRD and partners fund more green finance for SMEs + EBRD, BII lend USD 100 mn to BdC
DFIs to fund more green projects + privatization candidate BdC gets funding: More funding for green projects will be available…
Why some Egyptian startups prefer to set up shop abroad
Why — and how — do Egyptian startups incorporate offshore? Many Egyptian startups, especially those that have raised USD mns…
Ex-Beltone execs launch SME finance outfit Invia
Invia is currently raising a pre-seed round
FRA tightens controls on follow-on lending to SMEs
DEBT- State-owned Assiut National Oil Processing Company (ANOPC) secured a USD 2.9 bn loan to finance its new hydrocracking complex,…
Turbulence yes, slowdown no
Despite a turbulent year, Egypt’s startup investment numbers still look quite good: While the startup world has been busy dealing…
GAFI has a new CEO
Hossam Heiba (LinkedIn) was appointed CEO of the General Authority for Investment and Free Zones (GAFI) by Prime Minister Mostafa…
The status of search funds in Egypt
The case for search funds in Egypt: Last week, we took a deep-dive into an alternative investment vehicle that lies…
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