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Trella secures USD 6 mn in venture debt backed by the US gov’t
The good people at B2B logistics marketplace Trella have secured USD 6 mn in debt financing from global debt platform…
valU acquires an undisclosed minority stake in payments app Kiwe
EFG Hermes’ BNPL platform, valU, has acquired an undisclosed minority stake in fintech Kiwe, Kiwe CEO Fatma Ibrahim confirmed to…
THIS EVENING: Qatar’s SWF snapping up USD 2.5 bn-worth of state-owned company stakes + MaxAB closes USD 40 mn pre-series B
Happy almost-THURSDAY, wonderful people. The weekend is (just) within reach, but the news cycle isn’t dying down just yet. THE…
Private tutoring could soon be regulated by the Education Ministry
Tutoring centers could go legit: Private tutoring centers will have to get licensed by the Education Ministry, Education Minister Reda…
Hilton gets a new Egypt country manager + CowPay appoints new CEO
Hilton has appointed Ahmed El Hady (LinkedIn) as its new country manager and senior director of operations for Egypt, it…
Catalyst launches corporate venture arm
Impact investor Catalyst Partners has launched a corporate VC arm, dubbed Serv Startup. The unit will look to acquire minority…
PaySky brings Yalla to UAE next month
Yalla Super App is heading to the Gulf: Digital payments firm PaySky plans to launch its payments superapp Yalla Super…
Fintech Nexta snags USD 3 mn from e-Finance + E-commerce startup Kenzz lands USD 3.5 mn seed round
Fintech startup Nexta has closed a USD 3 mn round led by EGX-listed e-payments giant e-Finance, according to a press…
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