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EFG Hermes subsidiaries take home fintech awards
EFG Hermes consumer finance subsidiary valU took home a nod from Entrepreneur Middle East’s 2021 fintech awards, the company said…
Openner’s Ahmed Elsherif on venture building, what the newest VC firm has under its sleeve for Egypt, and what makes a startup “venture-backable”
How US-based Openner is making venture-building a thing in Egypt: Openner, a VC firm with an eye for the region…
Flextock seals record pre-seed funding
An Egyptian logistics player just set a regional record for pre-seed funding: Logistics startup Flextock has closed a USD 3.25…
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…
Also on our Radar on 25 March 2021
Legislation that would impose harsher penalties for FGM earned approval (somewhat begrudgingly) from the House Legislative Committee yesterday, after the…
Egypt’s startups got a covid boost
Covid has been a boon for Egypt’s startups, but there’s still much to be done by way of legislative and…
Micro-lending app Cassbana raises USD 1 mn+ from Distruptech
Microfinance startup Cassbana has raised USD 1 mn+ in a funding round led by Disruptech, former Fawry CEO Mohamed Okasha’s…
Making It Season Three: Where do we go from here?
Where do we go from here? Our guests in season three of Making It lead businesses that have endured devaluation,…
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