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TMG Saudi signed a preliminary deal for a second Saudi project that would be about twice the size of Benan City
Good morning, folks. We have a couple of big money moves to dive into today. The first is about hundreds…
Madica bets on Egypt’s circular economy, backing Bekia and Delta Oil
The pre-seed fund is putting up to USD 200k into each of the two circular-economy startups
Synapse Analytics raises USD 13 mn in a Partech-led Series A funding round
Proceeds from the Series A will go toward hiring and expansion in Africa, Latin America, and the GCC
Emaar Misr signs EGP 14 bn in construction contracts for Marassi Red Sea
Plus: Banque Misr moves to shut down sukuk subsidiary after no revenue, tighter CBE guardrails
Bekia and Delta Oil land Madica backing as Egypt anchors the fund's latest cohort
Good afternoon, ladies and gents, and happy hump day. Today we break down the digital EGP — what a central bank…
Qalaa Holdings will more than double its stake in subsidiary Egyptian Refining Company
Good morning, everyone. Digitizing, standardizing, and localizing are all on deck in today’s issue. Overland freight is moving toward digitization.…
BME signs contract with China’s CATL for EGP 2 bn battery systems plant
The facility will start with commercial-vehicle batteries before expanding into passenger cars and renewable-energy storage with 40% local content
Beltone Venture Capital is closing three deals and readying an EGP-denominated startup fund for early 2027
Beltone VC CEO tells us the VC arm is closing around USD 1 mn in three local investments, prepping a…
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