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Silicon Valley Bank collapse leaves dozens of local startups in the lurch
SVB clients are scrambling to find cash to meet payroll and other expenses.
THIS MORNING: The CBE is allowing you to transfer more money via InstaPay + The SVB fiasco
Daily, monthly and per-transaction limits are all increasing
Did the CBE just pave the way for Apple Pay and Samsung pay?
The central bank is trying to move Egypt towards a cashless economy
AI chatbots are threatening your favorite search engine
AI could be mounting a threat to Google’s hegemony over search: Google’s management team late last yeardeclared a code red…
Jumia Egypt appoints Hisham El Gabry as CEO
Jumia Egypt has appointed Hisham El Gabry (LinkedIn) its new CEO, the company said on Twitter. El Gabry has served…
Fawry’s net income rises 70% in 2022
E-payments giant Fawry’s adjusted net income climbed 70% y-o-y to EGP 316.9 mn in 2022, according to its earnings release…
Meet our founder of the week: Nader Abdelrazik, co-founder and CEO of MoneyHash
MoneyHash raised a USD 3 mn pre-seed round last year and is currently raising more financing
Want to buy an EV? Here are the options
Want to buy an EV? The electric vehicle industry in Egypt is still nascent — but options are available if…
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