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What we’re tracking on 29 May 2019
Coffee is coming: May we begin by respectfully noting that no matter whether you believe Ramadan will last 29 days…
The Central Bank of Egypt wants to incentivize banks’ investments in equity for SMEs
Bank investments in SME-focused equity funds now count toward minimum small business loan requirement: The Central Bank of Egypt (CBE)…
Sawari Ventures to invest c.USD 70 mn in North Africa within four years
INVESTMENT WATCH- Sawari Ventures to deploy c.USD 70 mn across North Africa over four years: Egyptian venture capital firm Sawari…
Algebra ventures co-leads USD 800k seed funding round for Brimore
Our friends at Algebra Ventures have co-led a USD 800k seed round for direct-selling company Brimore in partnership with Endure…
Women-led companies are boxed out of private equity and venture capital investments
Women-led companies in EM are boxed out of the market for private equity and venture capital investment: Nine times out…
Algebra Ventures, Ezdehar Management partner to invest in Dsquares
INVESTMENT WATCH- Our friends at Algebra Ventures and Ezdehar Management have invested in loyalty solutions provider Dsquares, according to an…
VCs see Egypt, Saudi Arabia as the next big things on the Middle East start-up scene
VCs see Egypt, Saudi Arabia as the next big hubs in the Middle East’s startup scene: Venture capitalists believe Egypt…
Egypt Ventures announces series A investment in AvidBeam Technologies
INVESTMENT WATCH- Egypt Ventures announces series A investment in AvidBeam Technologies: Cairo-based VC fund Egypt Ventures has announced that it…
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