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Egypt’s healthcare industry needs more synergy — and Elevate Capital is helping achieve that
How an operator fund hopes to harmonize Egypt’s healthcare industry: Enterprise sits down with Elevate’s Tarek Moharram. Investment banking outfit…
Down rounds are happening in Egypt
Has the down round boogeyman come to Egypt? The ultra-loose financial conditions that allowed VCs to pour USD 600 bn…
EFG’s Tanmeyah acquires B2B marketplace Fatura
EFG Hermes’ microfinance arm Tanmeyah has acquired B2B e-commerce marketplace Fatura in a stock and cash transaction, it said in…
The MENA region is falling short when it comes to VC climate funding
The MENA region is falling short when it comes to VC climate funding: The Middle East and North Africa (MENA)…
Brace yourselves, startups. 2022 may be a bumpy year
Is the party up for startup funding? VC firms tell founders yes: It’s no secret that the VC funding gravy…
DXwand scores funding for AI research
Tech and AI startup DXwand has closed a USD 1 mn pre-series A investment round led by Huashan Capital and…
Wellness startup Esaal closes USD 3 mn seed round
Health and wellness platform Esaal has raised USD 1.7 mn from A15, the startup said in a press release (pdf).…
The Milky Way black hole, in pictures. Plus: Women founders are underfunded
The Milky Way black hole pictured for the very first time: An international team of astronomers managed to give us…
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