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Egyptian scaleups are getting a structured shot at venture debt
The program provides 30 Egyptian scaleups with non-repayable EUR 5k de-risking support and capacity training, and three FIs have been…
Paymob secures backing from Abu Dhabi sovereign investor and EBRD
The latest round takes Paymob’s total disclosed funding to roughly USD 125.5 mn, by our math
Madica bets on Egypt’s circular economy, backing Bekia and Delta Oil
The pre-seed fund is putting up to USD 200k into each of the two circular-economy startups
Synapse Analytics raises USD 13 mn in a Partech-led Series A funding round
Proceeds from the Series A will go toward hiring and expansion in Africa, Latin America, and the GCC
Beltone Venture Capital is closing three deals and readying an EGP-denominated startup fund for early 2027
Beltone VC CEO tells us the VC arm is closing around USD 1 mn in three local investments, prepping a…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty software on more than 4 mn card machines through signed…
National Company for Asset Management converts debt into equity to clear main market capital floor
PLUS: AAIB net income rises 27% to USD 202.8 mn in 1H 2026 on wider margins and lower provisions
MENA VC funds sit on USD 1.5 bn as deployment lags
Nearly nine of every ten dollars committed to funds since 2024 is still undeployed
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