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Crypto hedge funds fell short of BTC’s 120% rally in 2024
Crypto funds faced 20-30% drawdowns in spring and summer
Raseedi eyes seven-figure investment in newly acquired nanocredit outfit Kashat. PLUS: Apache, Madinet Masr, Bank ABC + Eroglu Garment, Goldman Sachs
Raseedi is negotiating with a VC firm and three banks for EGP 3 bn in financing over three years
AUC teams up with the Grand Egyptian Museum to train up budding tour guides
The joint collab is aimed at equipping interested prospects with the necessary skills to meet professional standards, offering them on-site…
Sequence Ventures to roll out Africa-focused USD 50 mn fund in 2026
The company also expects to complete its first close on its EGP 500 mn Egypt Deep-Tech Fund by the end…
Raseedi completes full acquisition of nanocredit outfit Kashat
The company plans to expand into Morocco within 12 months, CEO Ahmed Atalla told us
The tech that's shaping tomorrow
Here’s a roundup on what gadget made the list
BP completes drilling of two new wells at its Raven natural gas field. PLUS: Eni, Steigenberger + Marriot
The firm invested some USD 400 mn on the drilling operations
Egypt leads startup activity in Africa in 2024
Egyptian startups raised a combined USD 329 mn across 78 funding rounds during the year
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