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Online furniture marketplace Homzmart raises USD 1.3 mn in seed round funding
STARTUP WATCH- Online furniture marketplace Homzmart has raised USD 1.3 mn in seed round funding from China’s MSA Capital, the…
Egyptian food-tech startup Elmenus raises USD 8 mn in series B round
STARTUP WATCH- Elmenus raises USD 8 mn in Algebra, Global Ventures-led series B funding round: Cairo-based food-tech startup Elmenus has…
What we’re tracking on 4 February 2020
It’s data day: The purchasing managers’ indexes for Egypt, Saudi Arabia and the UAE are out today at 6:15am CLT…
Sovereign Fund of Egypt seeking investor to buy NIB’s stake in e-Finance
The Sovereign Fund of Egypt could be looking sell the National Investment Bank’s stake in e-payments platform e-Finance, according to…
Four Egyptian companies achieved major growth in the last year -PwC
Four Egyptian companies have achieved “major” growth milestones last year, according to a PwC report (pdf) looking at LSE Group’s…
Egypt leapfrogs South Africa, Nigeria in startup funding transactions
Egypt leapfrogs South Africa, Nigeria in startup investments: Total startup funding in Egypt in 2019 rose 215% y-o-y to hit…
My Morning Routine: Sherif Kamel
Sherif Kamel, dean of the School of Business at AUC: My Morning Routine looks each week at how a successful…
FRA to draft law to regulate fintech sector -Omran
LEGISLATION WATCH- The Financial Regulatory Authority (FRA) will begin working on a draft law to regulate the fintech industry in…
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