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Fashion marketplace Gahez gets USD 2 mn pre-seed investment
Fashion marketplace Gahez has raised USD 2 mn in a pre-seed funding round led by Disruptech Ventures, the company announced…
Earnings Watch: EFG Hermes, Orascom Construction report 3Q2021 results
EFG Hermes’ net income dropped 16% y-o-y to EGP 356 mn in 3Q2021, according to its quarterly earning release (pdf).…
TONIGHT: Tanmeyah is now wholly owned by EFG + unemployment inches up in 3Q2021
It’s an energy-focused hump day, ladies and gentlemen, with a flurry of energy news coming out of various global oil,…
Jumia to hire 100+ workers for new Cairo tech hub
Jumia will hire more than 100 workers at its new Cairo tech hub as part of the Africa-focused e-commerce giant’s…
Edita borrows EGP 150 mn from Credit Agricole for new production line
Edita is taking out a seven-year EGP 150 mn facility from Credit Agricole to finance its new baked goods production…
Making It Season Two: How did the business community react to Covid
How did the business community react to Covid-19? In season two of Making It, we spoke to the founders and…
Moves: Tanmeyah
MOVES- EFG Hermes-owned microfinance player Tanmeyah has hired Ahmed Abed (Linkedin) as head of the information sector as well as…
Earnings Watch- EFG Hermes saw 8% y-o-y net profit growth in 2Q2020
EARNINGS WATCH- EFG Hermes saw 8% y-o-y net profit growth in 2Q2020: EFG Hermes saw net profits grow to EGP…
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