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Orascom’s Gemini Enterprises Africa launches new program to support startups
Orascom’s Gemini Enterprises Africa launches new program to support startups: Naguib Sawiris’ startup investment platform Gemini Enterprises Africa has launched…
Digital lender Shahry raises USD 650k in pre-seed funding
STARTUP WATCH- Digital lender Shahry raises USD 650k in pre-seed funding: Cairo-based digital lender Shahry has secured USD 650k in…
South Africa’s Tana Capital is looking to acquire a 25% stake in Mabaret Al Asafra Hospitals
M&A WATCH- South Africa’s Tana Capital eyes stake in Mabaret Al Asafra Hospitals: South African investment firm Tana Africa Capital…
EBRD sees Egypt’s economy growing 3% next fiscal year after “sharp” slowdown in 2020
EBRD sees Egypt’s economy growing 3% next fiscal year after “sharp” slowdown in 2020: The European Bank for Reconstruction and…
Last Night’s Talk Shows for 13 May 2020
‘Ala Mas’ouleety host Ahmed Moussa had the floor to himself last night, airing interviews with central bank deputy governor Ramy…
State-owned companies face economic viability tests — and could get a special break on capital gains
LEGISLATION WATCH- State-owned companies face economic viability tests — and could get a special break on capital gains. Proposed changes…
National Bank of Egypt, Banque Misr sell EGP 121 bn of high-yield certificates
State banks sell EGP 121 bn of high-interest saving certificates: National Bank of Egypt (NBE) has sold EGP 82 bn…
Brimore raises USD 3.5 mn in pre-series A investment
STARTUP WATCH- Cairo-based social commerce platform Brimore has raised USD 3.5 mn in a pre-series A funding round led by…
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