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What Capiter’s cofounder Mahmoud Nouh learned from co-founding Swvl
What Capiter’s co-founder Mahmoud Nouh learned from co-founding Swvl: B2B e-commerce marketplace Capiter recently made headlines for raising USD 33…
Danone aims to double investment in Egypt over 5 years
Danone is looking to invest EGP 1 bn in Egypt over the next five years, which would double the company’s…
Chimera Capital reaches final close on its first VC fund
Our friends at Abu Dhabi fund manager Chimera Capital have hit final close on their first venture capital fund at…
Gulf equity boom isn’t going anywhere
The Gulf stock boom shows no signs of slowing next year, Bloomberg reports, citing fund managers and strategists. Gulf stocks…
Algebra Ventures Fund II locks USD 15 mn from EBRD
The European Bank for Reconstruction and Development (EBRD) has approved a USD 15 mn equity commitment to Algebra Ventures’ second…
Alameda setting up a EGP 1 bn hospital in the new capital
Healthcare group Alameda is planning to invest EGP 1 bn to operate and manage a 300-bed hospital in the new…
Practical steps on how to institutionalize your family businesses
Institutionalization is to family-owned businesses what getting ready to raise a first series “A” is for a startup: A rite…
Zoomcar to invest USD 50 mn in three years
Car rental company Zoomcar is looking to double its investments in Egypt to USD 50 mn in the coming three…
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