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Swvl to debut on the Nasdaq today after SPAC merger approved
Swvl is making its landmark Nasdaq debut today: Shares in Egypt-born, UAE-based mass transit app Swvl will start trading on…
National Bank of Egypt ups stake in Fawry — is a stake sale to ADQ next?
Another state-owned bank appears to have just bought a chunk of Fawry, likely setting up the sale of the government-controlled…
ApeCoin is raising concerns about power accumulation in crypto
New cryptocurrency, ApeCoin, is raising concerns about power imbalances in the crypto world: ApeCoin is coming under scrutiny for revealing…
THIS EVENING: The broad strokes of state policy to encourage private sector involvement + Fawry sells more shares + KSA deposits USD 5 bn in the CBE
It’s another day of outstanding news, ladies and gentlemen, as we head to the pre-Ramadan sprint, with the positive signals…
Robo-advisory firm Xpovi scaling up after pre-seed round + Kenya’s Churpy is eyeing Egypt
As folks who are building businesses ourselves, we have a particular fondness of startups that solve non-payments-related problems for people…
Meet our founder of the week: SolarizEgypt’s Yaseen Abdel-Ghaffar
OUR FOUNDER OF THE WEEK- Yaseen Abdel Ghaffar, founder and managing director of SolarizEgypt (LinkedIn). I always knew I wanted…
EM bonds on course for their worst quarter in 24 years + UAE positioning itself as a global crypto hub
It hasn’t been like this in 24 years: USD-denominated emerging bonds are on course to have their worst quarter since…
Sports startup Eksab closes a second USD 3 mn seed round + Rabbit gets license in KSA
Cairo-based fantasy football startup Eksab has closed a USD 3 mn seed round led by Africa-focused VC firm 4DX Ventures,…
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