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AI + Innovation (MENA) 
Infrastructure 
Acasia Angels invests in Greek retail swap startup Swaplanet
The startup lets parents swap kids’ clothes
Contracts signed for our USD 120 mn Abu Rawash waste-to-energy plant
The project will convert 1.2k tons of solid waste to electricity per day
Meet our founder of the week: Ahmed Shalaby, co-founder and sales director, 4a Nutrition
4a Nutrition is the business behind Lino Oats
UFC + WWE set up a joint USD 21 bn company + The first-ever iPhone just sold for USD 40.3k
The iPhone 1 originally retailed for USD 599
Five decades since the world’s first cell phone call + The traditional workweek is really getting a rethink
A clunky Motorola phone in the ‘80s cost USD 500 — just to make a call
Will advancing SDGs actually curb population growth? Plus: Google and Microsoft are squabbling over cloud dominance
Global population could dip to 7 bn with adequate economic development
China is becoming the world’s second ‘lender of last resort’
China provided USD 104 bn in bailout loans between 2019 and 2021
Acasia Ventures invests in Nigerian delivery startup
This is Acasia’s second investment this month
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