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Egypt-based CVentures invests in UK small business accounting app Countingup
STARTUP WATCH- CIB’s venture capital arm CVentures has invested in UK-based small business banking and accounting app Countingup, according to…
What we’re tracking on 10 May 2020
Good morning, friends, and welcome to the second half of Ramadan — and to our readers in North America, happy…
Mobile subscriptions hits 95.3 mn in December
The number of mobile subscribers in Egypt rose 1.6% y-o-y to hit 95.3 mn in December, according to a Communications…
Uber cuts 40% of Egypt staff amid global job cutback
Uber cuts 40% of Egypt staff as it slashes its global workforce: Uber has laid off 40% of its Egypt-based…
Instabug raises USD 5 mn series "A"
STARTUP WATCH- Instabug raises USD 5 mn in Series "A": Cairo-based startup Instabug has raised USD 5 mn in series…
UberEats exits Middle East as subsidiary Careem announces layoffs, closes bus service
UberEats exits Middle East as subsidiary Careem announces layoffs, closes bus service: Ride-hailing giant Uber’s plans for expansion in the…
Egyptian fintech fund Disruptech planning to invest 15-18 startups over 3 years
STARTUP WATCH- Fintech fund Disruptech plans to invest an unspecified amount in 15-18 startups over the next three years, founder…
Egypt-based blockchain email service provider Pravica raises USD 500k pre-seed funding round
STARTUP WATCH- Egypt-based blockchain email service provider Pravica has raised a USD 500k pre-seed funding round led by 500 Startups,…
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