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What we’re tracking on 29 January 2020
We have big news for you this morning, ladies and gents: Vodafone Group yesterday confirmed earlier reports that it was…
What we’re tracking on 28 January 2020
GERD talks kick off today: Egypt, Ethiopia, and Sudan’s foreign and irrigation ministers meet today in Washington, DC for the…
New Valley to establish EGP 2.5 bn logistics zone
The New Valley Governorate has begun work on a EGP 2.5 bn logistics zone that will be designated for dates…
Egypt tops African countries in VC transactions in 2019, says Venture Burn
Egypt tops African countries in disclosed VC transactions in 2019: Egyptian startups received the biggest number and funding value of…
Lulu Market to open two branches in Egypt next year
Lulu Market plans to open two new branches in Egypt in 1H2020, including one in Wadi Degla and another in…
Italian investments in Egypt to reach USD 3.2 bn in 2020
INVESTMENT WATCH- Italian businesses will double their investments in Egypt to EUR 3.2 bn next year, President of the Italian…
A15 makes six-figure investment in e-commerce logistics startup R2S
STARTUP WATCH- A15 makes six-figure investment in R2S: Egyptian e-commerce logistics and delivery startup R2S landed a six-figure commitment for…
Egyptian trucking app Trella acquires rival company Trukto
STARTUP WATCH- Trella acquires rival Trukto: Egyptian digital trucking marketplace Trella has acquired its local rival Trukto, making it the…
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