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Egypt in the News on 28 April 2021
It’s a mixed bag in the foreign press this morning: Egyptians’ fondness for long, casual phone calls was an inspiration…
Kuwaiti coffee app Cofe to enter Egypt
Kuwaiti coffee delivery app Cofe is planning to expand into Egypt and Turkey after raising USD 10 mn in a…
TONIGHT: Second phase of economic reform; Biden gets good marks after 100 days; iSheep get more data privacy control
Good afternoon, nice people. We’re almost at the end of this abridged workweek, with just one day left to go…
Can AI be trusted with our mental health?
Covid-19 has amplified the need for easy access to mental health resources, and some think artificial intelligence is the answer:…
Cairo Angels invests in Kashat
Kashat has landed Cairo Angels’ largest investment to date: VC firm Cairo Angels has made an undisclosed investment in our…
Elmenus eyes Africa expansion by the end of the year
Online food delivery platform Elmenus is planning to expand into new African markets by the end of the year, our…
Egyptian traders ❤️ BTC?
Egypt’s large unbanked population, its high volume of remittances, and economic uncertainty caused by covid-19 could be driving accelerated Bitcoin…
Banks can start issuing deposit-backed electronic currencies under new CBE regs
Commercial banks are now allowed to issue e-currencies under newregulations (pdf) announced by the central bank yesterday. One unit of…
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