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Modus, USAID launch local venture builder to promote digital inclusion
A new venture builder on the scene: MENA-focused venture capital firm ModusCapital and our friends at USAID have launched MV…
More Swvl layoffs as company continues quest to turn cashflow positive
Swvl hands out more pink slips: Cairo-born mass transport app Swvl carried out a second wave of layoffs, Bloomberg Asharq…
Meet our founders of the week:CO-55’s Farah and Ahmed Salim
OUR FOUNDER OF THE WEEK- Every Tuesday, Founder of the Week looks at how a successful member of Egypt’s startup…
Europe and the US could become self-sufficient in EV batteries by 2030 — for the small sum of USD 160 bn
The West could unwind its reliance on Chinese EV batteries by the end of the decade — but it’s going…
Hisham Ezz Al Arab reappointed to CIB board
Good afternoon, wonderful people. It’s been a slowish start to the news day, but we expect things to pick up…
Local pharma startup closes USD 8 mn round + Klivvr gets CBE nod
Local B2B pharma platform Grinta has closed a USD 8 mn seed round led by MENA-focused VC Raed Ventures and…
THIS MORNING: Gov’t in no hurry to restart IPO program + Nafeza’s air freight rollout pushed back indefinitely
Good morning, wonderful people, and happy hump day. COP is now in our rearview, and our reward is a massive…
Investors are rediscovering their appetite for the riskiest emerging-market debt
Investors are storming back into high-yield emerging-market debt, pushing down the risk premium over high-grade debt at the quickest rate…
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