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Algebra Ventures backs Moroccan agritech startup. PLUS: News from Taqa and ACDIMA
Algebra Ventures participated in a pre-Series A funding round for YoLa Fresh
Qalaa Holdings’ bottomline increased five-fold in 2023 on the back of stake sale
The firm’s revenue grew 17% y-o-y in 2023 to EGP 97.1 bn
Qalaa Holdings offloads 18% stake in Taqa Arabia in debt settlement agreement
The company will retain the right to repurchase its shares in Taqa Arabia within the next five years
Japan’s Yazaki kicks off construction of auto parts factory. PLUS: News from Ora Developers, Bosta, Taqa Volt.
AUTOMOTIVE- Yazaki breaks ground on auto parts factory: Japanese manufacturer Yazaki has broken ground on its EUR 30 mn auto…
Another military-owned fuel retailer could be part-privatized
The Wataniya sale will be delayed by several weeks, Egypt’s planning minister said yesterday
Taqa wants some of Wataniya’s stations. PLUS: Blominvest now owns more of Rameda, more investments from Geidea
Taqa Arabia will submit a binding offer to acquire a number of Wataniya fuel stations
TAQA Arabia launches Tanzania’s first CNG station. PLUS: News from Capricorn Energy, NERIC, Samcrete, Cashcall
The CGN station is the first of 12 stations TAQA will set up in Tanzania
Egypt, Turkey mull local currency trade. PLUS: News from Rology, Taqa x Aman, and Telecom Egypt
Egypt wants to boost trade with Turkey by 50% to USD 15 bn in five years
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