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Gov’t to support 1 mn aspiring entrepreneurs through state-backed learning program
A “1 mn entrepreneurs” initiative will make educational material for aspiring entrepreneurs available online as part of the state-backed Rowad…
Paymob raises USD 18.5 mn series A round
Payment gateway Paymob completed its series A round with USD 18.5 mn raised, the company said in a statement (pdf).…
Regional startups have 32 mn reasons to be happy
Flat6Labs has launched a new fund in Abu Dhabi in partnership with ADQ: Sixty regional startups will receive USD 32…
TakeStep targets GCC after raising undisclosed seed investment
Egyptian healthtech startup TakeStep has bagged an undisclosed seed investment from two angel investors including Mohamed Khedr who will join…
Brightskies, Alexandria University secures EGP 5 mn funding for electric buses
Startup Brightskies and Alexandria University have received EGP 5 mn in funding from the Information Technology Industry Development Agency (ITIDA)…
zVendo closes six-figure USD investment from EFG EV, others
E-commerce platform zVendo has landed a six-figure USD investment in a funding round led by EFG EV Fintech and several…
NowPay joins US accelerator Y Combinator’s winter 2021 cycle
Egyptian fintech startup NowPay has joined US startup accelerator YCombinator’s Winter 2021 funding cycle, Digital Boom reports. The startup will…
Fintech startup Dayra raises USD 3 mn in pre-seed funding round
Egyptian fintech startup Dayra has closed a USD 3 mn pre-seed funding round that includes both equity and debt financing,…
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