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Benya eyes African tech startups with new USD 50 mn VC fund
IT infrastructure contractor Benya Capital is launching a USD 50 mn venture capital fund, dubbed Benya Ventures, as part of…
Swvl to invest USD 25 mn in engineering, marketing
Homegrown mass transport startup Swvl plans to invest USD 25 mn over the next year, part of which will go…
Grocery delivery app Breadfast raises landmark USD 26 mn in series A round
Grocery delivery startup Breadfast has secured USD 26 mn in funding in a series A round co-led by Vostok New…
TONIGHT: A new corporate green bond sale in the works + what’s up with Uber’s GPS? Plus: Supply chain woes aren’t doing Egypt’s private sector any favors
Good afternoon, ladies and gents, and welcome to a busy second-to-last day of the workweek. A relatively calm news cycle…
Delivery startup Appetito raises USD 2 mn pre-seed funding
Cairo-based grocery delivery startup Appetito has raised USD 2 mn in pre-series A funding, the company said in a statement…
Delivery startup ShipBlu secures USD 2.4 mn seed round
Last mile delivery startup ShipBlu raised USD 2.4 mn in a seed round led by Saudi Arabia’s Nama Ventures, according…
TONIGHT: Egypt is getting on the SPAC train + NBE is getting a USD 200 mn loan for infrastructure onlending + COP26 gets underway with a sobering warning
To quote Bone-Thugs-N-Harmony: “Wake up, wake up. It’s the first of the month.” And already it’s looking very busy, with…
Kuzlo closes pre-seed round
Alexandria-based B2B marketplace Kuzlo raised pre-seed funding during a round led by Nama Ventures, according to a statement out on…
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