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Algebra Ventures taps Laila Hassan, Omar Khashaba as new GPs + Al Mansour Automotive gets new CEO
Algebra Ventures has tapped Laila Hassan (LinkedIn) and Omar Khashaba (LinkedIn) as general partners for its second, USD 90 mn…
MaxAB closes landmark funding in fresh round led by Ahmed Badreldin’s RMBV
MaxAB has raised USD 40 mn in a series A round led by impact investor RMBV, bringing the amount invested…
Edunation targets Egypt after landing USD 3 mn investment
Jordanian startup Edunation is looking to expand into Egypt after raising USD 3 mn in a funding round led by…
Oman’s eMushrif acquires Egyptian startup Tareeqi + EM career platform Localized closes seed round
Egyptian transport tracking startup Tareeqi has been acquired by Oman-based eMushrif for an undisclosed amount, according to a statement picked…
Tamer Azer appointed Egypt partner for Shorooq Partners
Emirati VC firm Shorooq Partners has appointed Tamer Azer (LinkedIn) as a partner in its new Cairo office, according to…
138 Pyramids to set up SME-focused PE firm
Egyptian VC outfit 138 Pyramids will set up an SME-focused private equity company after it yesterday got the go-ahead from…
The future of grocery shopping is here
Remember how the prospect of a trip to the supermarket used to be a barrier to satisfying your late-night cravings?…
Openner’s Ahmed Elsherif on venture building, what the newest VC firm has under its sleeve for Egypt, and what makes a startup “venture-backable”
How US-based Openner is making venture-building a thing in Egypt: Openner, a VC firm with an eye for the region…
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