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Egypt Deep-Tech to reach first close soon, plans to invest in 10 firms this year
Sequence Ventures is looking to invest EGP 150 mn in 10 tech companies this year via its Egypt Deep-Tech fund,…
valU to enter Saudi Arabia in 1H2022
EFG Hermes’ consumer finance platform valU will set foot in Saudi Arabia before the end of 1H2022, marking its first…
ADQ is buying … a lot
Abu Dhabi wealth fund ADQ is acquiring state-held stakes in Abu Qir Fertilizers, Mopco, and Alexandria Container & Cargo Handling,…
THIS MORNING: Egyptian boards are becoming more diverse + CBE launches new national payment app
Well, friends, we’ve made it through another week together — and what a week it was, between a snap interest…
How sustainable is the ultra-fast delivery model?
As two ultra-fast delivery startups go bust in the US, we have to wonder if the shine is fading from…
Chip shortage looks like it’s staying with us a while longer + Crypto.com to back Fifa World Cup
And the chip shortage lives on: Chipmakers’ expansion plans to meet the growing demand and fill the gap between supply…
THIS EVENING: Is ADQ acquiring stakes in Abu Qir Fertilizers, Mopco, and Alexandria Container & Cargo Handling? + Banque Misr purchases 8.85% stake in Fawry
It’s another busy news day on all fronts as we sprint to the weekly finish line, ladies and gentlemen, with…
Fintech outfit FlapKap raises USD 1.2 mn in funding
MEA fintech startup FlapKap has raised USD 1.2 mn in a funding round led by tech fund A15, according to…
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