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Chimera closes USD 10 bn venture capital fund
Our friends at the UAE’s Chimera closes fundraising for one of the largest funds in VC history: Our friends at…
Anghami takes one step closer to its SPAC listing + UAE’s Masdar has big growth plans
Anghami takes one step closer to its SPAC listing: The streaming platform’s merger — which would value the company at…
Nasdaq falls into correction as tech exit continues + Early Swvl investors eye Africa SPAC
Nasdaq enters correction as Wall Street sell-off continues: The sell-off in US tech stocks continued yesterday, leaving the Nasdaq down…
THIS MORNING: CBE extends pandemic fee cuts, tourism support measures + Anghami, Swvl in a race to see who SPACs first
Good morning, friends, and welcome to the final business week of 2021. We hope Santa Claus found you — and…
What Capiter’s cofounder Mahmoud Nouh learned from co-founding Swvl
What Capiter’s co-founder Mahmoud Nouh learned from co-founding Swvl: B2B e-commerce marketplace Capiter recently made headlines for raising USD 33…
M&A looks set to be What’s Next on Planet Startup
Selling to an established giant is an option for most young companies (hello, exit), but they’re rare in Egypt compared…
Swvl to enter Chile, Argentina with Viapool acquisition
Homegrown mass transport startup Swvl will enter Latin America for the first time with the acquisition of a controlling stake…
Swvl to invest USD 25 mn in engineering, marketing
Homegrown mass transport startup Swvl plans to invest USD 25 mn over the next year, part of which will go…
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