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GoodsMart gets funding, HOF looks at South Africa
Online grocery shopping service GoodsMart has secured USD 3.6 mn in funding in a round led by Sawari Ventures. The…
US real yields fall to record low amid growth concerns
Returns on US bonds that investors earn after inflation have reached record lows, as concerns grow over the sustainability of…
Also on our Radar on 27 July 2021
Other things we’re keeping an eye on this morning: The American University in Cairo (AUC) signed an agreement (pdf) with…
THIS MORNING: CEO of the Africa Finance Corporation in town; Tunisia declares a one-month curfew; Fed interest rate meeting starts today; Tesla kicks off tech earnings week.
Good morning, ladies and gentlemen — we have a moderately busy issue for you this morning so let’s just jump…
Sawiris’ La Mancha transforms into mining fund
Sawiris-run La Mancha is transforming itself into a USD 1.4 bn mining fund that includes all of La Mancha’s current…
Bye bye Souq, hello Amazon.eg
Amazon will be launching Amazon.eg later this year, ultimately replacing Souq as its Egypt selling platform, the company announced in…
Online trader Thndr to add funds, eyes margin trading
Zero-commission trading app Thndr is looking to add new investment funds to its platform before the end of the year…
TONIGHT: Egypt takes home two bronze medals for taekwondo. + Tunisian democracy in crisis. ALSO: Netflix to expand into gaming.
Good afternoon, wonderful people, and welcome to a busy news day. We have plenty of business news for you, but…
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