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Bridging the gap between low banking penetration and high mobile adoption
Making It’s next guest bridged a gap between low banking penetration and high mobile adoption. Her business was built to…
UK’s Statsbomb Services acquires Egyptian sports data startup Arqam FC
M&A WATCH- UK’s Statsbomb Services acquires Arqam FC: British football analytics company StatsBomb Services has completed their acquisition of Cairo-based…
What we’re tracking on 13 May 2020
It’s a reasonably quiet news morning after the packed issues of the past few days. Not too many sleeps left…
Omar El Defrawy appointed CFO at elmenus
MOVES- Omar El Defrawy (LinkedIn) has been appointed chief financial officer at food delivery service Elmenus. El Defrawy was formerly…
Brimore raises USD 3.5 mn in pre-series A investment
STARTUP WATCH- Cairo-based social commerce platform Brimore has raised USD 3.5 mn in a pre-series A funding round led by…
CDC targeting Alfa Medical with USD 150 mn investment
INVESTMENT WATCH- CDC is looking at a USD 150 mn investment in labs and healthcare player Alfa -report. The UK’s…
Egyptian e-commerce startup Source Beauty lands pre-seed funding from 500 Startups
STARTUP WATCH- Source Beauty raises pre-seed funding from 500 Startups: Source Beauty, an Egyptian e-commerce startup focused on beauty products,…
Swvl quietly raised USD 20 mn funding round before pandemic hit
STARTUP WATCH- Swvl “quietly” raised USD 20 mn in a funding round it closed before the outbreak of the covid-19…
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