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Traditional family offices are upping their venture capital game
Watch this space: Will family office involvement in VC become the next investment trend to land in the MENA region?…
Gov’t sees startups raising USD 850 mn this year, but it’s going to be a tough slog
Egyptian startups should reel in a combined USD 850 mn of investment by the end of 2022, Communications Minister Amr…
Do Egyptian startups need to start tightening their belts?
Startups globally are being urged to cut spending. What’s the advice for Egyptian startups? The pandemic era startup gravy train…
Mohamed El Sewedy acquires sportswear brand Magma
Mohamed El Sewedy has acquired local sportswear brand Magma for an undisclosed amount, Averroes Ventures, which worked on the transaction,…
“Dire level” of pessimism among US fund managers as economic concerns rise
Funds are worried about where stocks are headed + pile into cash: Stock allocations among heavyweight investors are at the…
How has Egypt’s Startup Land fared in 1H2022?
BY THE NUMBERS- How Egypt’s startups fared in 1H 2022: It hasn’t been a pretty scene in the global startup…
US-based green hydrogen startup finds USD 198 mn-worth of warmth amidst VC nuclear winter + Engineer shortage complicates Japan’s plans to revive chip industry
“What VC nuclear winter?” asks this green hydro startup: A US-based startup aiming to make green hydrogen more cost effective…
Fintech startups raised record USD 167 mn in 1H2022
Who is investing in Egypt’s fintech startups? 2021 was a bumper year for fintech funding in Egypt, we wrote earlier…
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