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Fintech startup Liwwa raises USD 6 mn in equity investment
STARTUP WATCH- Amman-based Liwwa has raised USD 6 mn in equity investment, which it will use to fuel growth in…
Mobile-based loan app Kashat launches, offering users up to EGP 1,500
STARTUP WATCH- Egypt’s first nano-financing loan provider, Pharos-backed Kashat, has officially launched, Menabytes reports. The app, which is a joint…
Raya approves selling 31% stake in its transport arm
M&A WATCH- Raya approves sale of 31% stake in its transport arm: Raya Holding board of directors has agreed to…
What we’re tracking on 16 February 2020
Story of the Day #1- El Corona has officially landed in Egypt. We got a Valentine’s Day present in the…
The Egyptian Competition Authority’s bid to block Cleopatra-Alameda merger highlights its lack of effective oversight powers -ECES
M&A WATCH- Competition watchdog’s bid to block Cleopatra-Alameda merger highlights its lack of effective oversight powers: The Egyptian Competition Authority…
What we’re tracking on 13 February 2020
We have a passel of M&A news to accompany the top story of the day: The suggestion that the CBE…
Vezeeta raises USD 40 mn in series D funding
STARTUP WATCH- Vezeeta raises USD 40 mn in series D funding from Gulf Capital and STV: Healthcare app Vezeeta, which…
Egypt is building five technology universities
Egypt is building five new technology universities across Egypt in a bid to develop technical education and promote applied technology,…
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