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E-commerce startup Taager receives USD 6.4 mn seed funding
Egyptian e-commerce startup Taager has secured USD 6.4 mn in a seed funding round, according to TechCrunch. The round was…
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,…
A record-breaking year for IPOs. Plus: Have commodities peaked?
Another record-breaking year for IPOs: Almost USD 350 bn has been raised in IPOs in 1H2021, exceeding the previous record…
Fatura raises USD 3 mn pre-series A round
Egyptian B2B marketplace Fatura closed a USD 3 mn pre-series A funding round co-led by Sawari Ventures and Arzan VC,…
Jumia flags Egypt as a top investment destination, looking at everything from digital payments to last-mile delivery
Africa-focused e-commerce giant Jumia plans to invest over USD 590 mn in Egypt and other African countries over the upcoming…
The future of grocery shopping is here
Remember how the prospect of a trip to the supermarket used to be a barrier to satisfying your late-night cravings?…
E-commerce platform Tejarra and fintech player MoneyHash raise separate six-figure USD rounds
Egyptian e-commerce platform Tejarra.com has raised a six-figure USD seed investment from venture capital firm Openner, according to a press…
The taxman rings twice
We’re going to be charged 14% VAT on all online delivery services provided by restaurants and shops, according to an…
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