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Infrastructure 
IFC launches two-year program to support fintech startups in Egypt
The International Finance Corporation announced yesterday it has launched a two-year program to support fintech startups in Egypt, according to…
Egypt gov’t decides on tax reductions for SMEs
EXCLUSIVE- Preferential tax rates in the SMEs Act will give small businesses incentives to go legit, a government official with…
Emerging-market SMEs need to overcome these three challenges
Emerging-market SMEs need to overcome these three challenges: difficulty accessing finance, a lack of specialist expertise and obstacles to international…
Algebra ventures co-leads USD 800k seed funding round for Brimore
Our friends at Algebra Ventures have co-led a USD 800k seed round for direct-selling company Brimore in partnership with Endure…
Sawiris looks to acquire license for SME-focused bank in Egypt
Hope springs eternal: Naguib Sawiris would like to set up an SME-focused financial institution once the Central Bank of Egypt…
Egypt earmarks incentives worth EGP 1.5-2 bn annually for SMEs under new Act
LEGISLATION WATCH- The SMEs Act includes tax and non-tax incentives worth EGP 1.5-2 bn annually to support entrepreneurship and encourage…
First edition of Startupbootcamp-Pride accelerator kicks off
First edition of Startupbootcamp-Pride accelerator kicks off: Pharos’ Pride Capital and global seed program organizer Startupbootcamp launched yesterday the first…
Cabinet signs off on Egypt’s FY2019-20 state budget
CABINET WATCH- Council of Ministers signs off on FY2019-20 state budget: Cabinet approved yesterday the draft FY2019-20 state budget, Prime…
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