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73% of Egypt’s SMEs are confident in growth over the coming year- Mastercard
73% of small and medium businesses in Egypt are confident that their business will do well over the coming year,…
BdC net income up 20% in 1Q2021
Banque du Caire’s (BdC) net income rose 20% y-o-y in 1Q2021 to EGP 1 bn, up from EGP 838 mn…
Oman’s eMushrif acquires Egyptian startup Tareeqi + EM career platform Localized closes seed round
Egyptian transport tracking startup Tareeqi has been acquired by Oman-based eMushrif for an undisclosed amount, according to a statement picked…
EFG Hermes subsidiaries take home fintech awards
EFG Hermes consumer finance subsidiary valU took home a nod from Entrepreneur Middle East’s 2021 fintech awards, the company said…
Liwwa to invest portion of USD 3 mn pre-series funding in expanding SME business in Egypt
Amman-based fintech startup Liwwa plans to raise USD 3 mn in pre-series B funding to expand its SME lending in…
EBRD plans for more green loans to Egypt
The European Bank for Reconstruction and Development (EBRD) is set to lend QNB Al Ahli USD 50 mn to on-lend…
138 Pyramids to set up SME-focused PE firm
Egyptian VC outfit 138 Pyramids will set up an SME-focused private equity company after it yesterday got the go-ahead from…
So close you can taste the money…
We’re a bit closer to landing a USD 400 mn World Bank loan to help support the rollout of the…
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