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Zain to invest USD 10 mn in Swvl listing
Kuwaiti telecoms provider Zain will invest USD 10 mn in Swvl’s newly announced merger with US-based SPAC Queen’s Gambit, ahead…
Enterprise talks to: Samaila Zubairu, president and CEO of the Africa Finance Corporation
Enterprise talks to: Samaila Zubairu, president and CEO of the Africa Finance Corporation: Established in 2007, the Africa Finance Corporation…
Bosta plans to land in Saudi Arabia by early next year
Egyptian courier startup Bosta plans to enter the Saudi market by early 2022, as part of the company’s plans to…
Mercedes-Benz to set up Ain Sokhna logistic center
Mercedes-Benz will set up a logistics center in Ain Sokhna under an agreement with the Suez Canal Economic Zone (SCZone),…
Also on our radar on 13 July 2021
Other things we’re keeping an eye on this morning: Abu Dhabi Islamic Bank Egypt will set up a company to…
Eight Egyptian startups raise USD 52 mn in June
Egyptian startups were the second highest recipients of funding in MENA in June, with eight businesses raising USD 52 mn,…
THIS MORNING: Tenth of Ramadan dry port tender launches today; Facebook defeats antitrust lawsuits; Ethiopia announces Tigray ceasefire.
Good morning, friends, and welcome to the next-to-last workday of the week. We hope you’re looking forward to the long…
Trella closes USD 42 mn series A round co-led by Maersk VC arm
Egyptian digital trucking platform Trella closed a USD 42 mn series A round co-led by Maersk Growth, the venture capital…
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