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Goldman remains skeptical on US inflation outlook
US inflation won’t slow as quickly as markets think, says the lender
Eva Pharma plans USD 110 mn Saudi meds complex
The company wants to build five factories and a research hub
Disruptech to invest USD 5 mn in local fintechs this year. PLUS: real estate in new cities, delayed customs clearance fees
A number of international investors have committed funds to the VC’s USD 36 mn fintech fund
EAEF marks 10 years and more than USD 250 mn of investment in Egypt
The fund is planning to deploy another USD 100 mn this year
EIB could invest EUR 50 mn a year in Egypt-focused VC, PE firms
The lender is considering investing in Sawari Ventures’ next fund
Balad closes seven-figure USD pre-seed round led by Acasia Ventures
The round will fund Balad’s expansion including a new remittance platform and headcount increase.
Proparco commits USD 5 mn to Disruptech. PLUS: Cairo hosts counterterror forum.
Disruptech has so far invested 40% of its capital in tech startups
Surprise: It’s been a bad year so far for VC funding
Funding fell 55% y-o-y in 1Q 2023
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