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More financial inclusion for pensioners + PayTabs, valU services coming to LuLu
Pensioners will soon have access to “new electronic channels” to receive and use their monthly payments under an MoU the…
Sawari Ventures closes EGP 440 mn Egypt tech fund
Cairo-based VC firm Sawari Ventures has reached final close on its Egypt-focused tech fund, raising USD 28 mn (EGP 440…
OLX launches initial phase of delivery service in Cairo and Giza
Online marketplace OLX has launched its delivery service in Egypt on its website and mobile application, making it the first…
A fifth of Egyptians shopped online more last Ramadan because of covid-19, Facebook says
Covid-19 is pushing more people to do their Ramadan shopping online, with 22% of adults surveyed in Egypt saying they…
Egypt’s small businesses think a recovery is in the cards this year
Small businesses in Egypt are increasingly optimistic about where the economy is going, with 75% of respondents surveyed in Visa’s…
Egypt fuels 2020 MENA e-commerce boom
Egypt, Saudi Arabia and the UAE led a boom in e-commerce in the MENA region last year, as the covid-19…
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…
We still ♥ banknotes
Egypt is the world’s second most banknote-reliant country — and has the third highest percentage of unbanked citizens. Only 45%…
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