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Algebra Ventures doubles down on Egypt with USD 90 mn fund
Algebra launches USD 90 mn tech fund: Algebra Ventures has launched a second tech fund that will invest USD 90…
Why are VCs and angels wary about investing in green startups?
Why are VCs and angels wary about investing in green startups? In 2020, VCs and angel investors made 49 investments…
Sawari Ventures closes EGP 440 mn Egypt tech fund
Cairo-based VC firm Sawari Ventures has reached final close on its Egypt-focused tech fund, raising USD 28 mn (EGP 440…
Foundation Ventures aims to invest EGP 30 mn this year from inaugural fund
VC firm Foundation Ventures is planning to invest around EGP 30 mn this year from its inaugural Egypt-focused fund, managing…
Egypt’s startups got a covid boost
Covid has been a boon for Egypt’s startups, but there’s still much to be done by way of legislative and…
Egypt was Africa’s most-active destination for VCs last year
Egypt was the #1 destination for venture capital last year when measured by the number of transactions announced, global venture…
Infrastructure: What’s to come in 2021? (Part 2)
nfrastructure: What’s to come in 2021 Part 2: Last week, we looked at two key infrastructure areas for 2021: water…
Startup funding increases 31% in Egypt in 2020
Egypt held the second-biggest share of venture capital investment in MENA last year, falling behind the UAE, which accounted for…
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