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MENA startups set a mega-round record in 3Q as the early-stage deal base thinned 45%
Three Gulf fintech rounds carried the quarter
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
Emaar Misr signs EGP 14 bn in construction contracts for Marassi Red Sea
Plus: Banque Misr moves to shut down sukuk subsidiary after no revenue, tighter CBE guardrails
Bekia and Delta Oil land Madica backing as Egypt anchors the fund's latest cohort
Good afternoon, ladies and gents, and happy hump day. Today we break down the digital EGP — what a central bank…
Qalaa Holdings will more than double its stake in subsidiary Egyptian Refining Company
Good morning, everyone. Digitizing, standardizing, and localizing are all on deck in today’s issue. Overland freight is moving toward digitization.…
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…
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