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Egypt leapfrogs South Africa, Nigeria in startup funding transactions
Egypt leapfrogs South Africa, Nigeria in startup investments: Total startup funding in Egypt in 2019 rose 215% y-o-y to hit…
World Bank, IFC launch advisory program in MENA, including Egypt, to improve MSME access to finance
World Bank, IFC launch advisory program in MENA to improve MSME access to finance: The World Bank Group and the…
Vezeeta eyeing expansion beyond MENA in early February, says founder
STARTUP WATCH- Vezeeta eyeing expansion beyond MENA in early February, says founder: Vezeeta, an app that helps connect patients with…
House committee wants to expand tax incentives under SMEs Act
LEGISLATION WATCH- House committee wants to expand tax incentives under SMEs Act: The House SMEs Committee has sent a proposal…
Egypt ranks #36 in Best Countries 2020 report
Egypt ranked #36 in Best Countries 2020 report: Egypt has been named the 36th best country (just that — best…
Former Swvl co-founder Mahmoud Nouh launches fintech startup, Capiter
STARTUP WATCH- Swvl co-founder and former COO Mahmoud Nouh has launched a fintech startup called Capiter, months after leaving Swvl…
House SMEs Committee approves Microfinance Act
LEGISLATION WATCH- House SMEs Committee approves Microfinance Act: The House SMEs committee approved the six amendments to the 2014 microfinance…
CBE ends EGP 5 bn medium-sized business initiative
CBE ends EGP 5 bn medium-sized business initiative: The Central Bank of Egypt has issued a statement (pdf) instructing banks…
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