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Novavera Sport to open factory producing FIFA-certified footballs in July
Novavera Sport will open its first football factory in the region, producing its first batch of FIFA-certified footballs before the…
Egypt FDI falls in 2018 amid global investment drop-off
Foreign direct investment into Egypt fell 8.2% in 2018 amid global investment drop-off: Egypt retained its position as the largest…
Eksab receives six-figure seed investment from 500 Startups
STARTUP WATCH- Eksab receives six-figure seed investment from 500 Startups: Egyptian sports startup Eksab has raised a six-figure seed investment…
Enara to build USD 600 mn-worth solar plants in Egypt
INVESTMENT WATCH- Enara is planning to build solar plants at a cost of as much as USD 600 mn in…
What we’re tracking on 17 June 2019.
We’re particularly happy to kick off this morning’s Speed Round with a run of investment and M&A news. Domestic and…
Denmark’s A.P. Møller Capital eyes investing in Egypt’s 10th of Ramadan dry port
Denmark-based A.P. Møller Capital, the investment arm of Maersk, is eyeing investing in the 10th of Ramdan dry port and…
Earnings watch: Palm Hills, Orascom Investment Holding
EARNINGS WATCH- Palm Hills Development (PHD) reported a 37% y-o-y drop in 1Q2019 net profit to EGP 141.2 mn, down…
Orcas raises USD 500k in Algebra-led pre-Series A funding round
INVESTMENT WATCH- Orcas raises USD 500k in Algebra-led pre-Series A funding round: Egyptian edtech startup Orcas has raised USD 500,000…
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