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The Egypt Startup Charter introduces USD 1 bn unified financing push to catalyze venture capital inflows
The roadmap aims to enable 5k startups and cultivate five homegrown unicorns over the next five years
Planning Minister, EU Mediterranean Commissioner discuss strategic partnership, economic ties
The meeting discussed implementing the second phase of the EU’s macro-financial and budget support program
TAG Oil is raising USD 7.2 mn to fund activities in Egypt. PLUS: News from Knauf, Oppo, Elsewedy
The company will use the funds to expand its work in the Badr field as well as a new 512k-acre…
Egypt, Italy sign agreements to back MSMEs, vocational training, and much more
Italy’s Deposits and Loans Fund is providing a total of EUR 145 mn to support MSMEs in Egypt
Siemens to build smart health facilities in Egypt. PLUS: Tejas Network, Paymob + MID Takseet, Afreximbank + Hafiz
The revamp aims to increase the efficiency of the facilities, reduce energy consumption and disruptions, and improve patients’ comfort and…
EIB, EU extend EUR 165 mn to green our industrial sector. PLUS: Jinbei’s buys Brilliance stake, GUPCO, data centers, steel price rises, sugar tenders
The funds will help the private and public sector combat industrial pollution
World Bank to help localize climate-friendly agritech in Egypt + An African PE outfit wants a stake in a local pharma firm
GREEN FARMING- The World Bank will help Egypt localize climate-friendly agritech. (International Cooperation Ministry statement) PHARMA M&A- Rwanda-based private equity…
The US is letting Egypt have more of its human rights-linked military aid
The Biden administration blocked Egypt from receiving USD 130 mn of aid in 2021 and 2022 on human rights grounds
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