{"id":605262,"date":"2018-12-26T04:21:15","date_gmt":"2018-12-26T04:21:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/26\/swvl-announces-expansion-to-10-cities-in-2019\/"},"modified":"2018-12-26T04:21:15","modified_gmt":"2018-12-26T04:21:15","slug":"swvl-announces-expansion-to-10-cities-in-2019","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/26\/swvl-announces-expansion-to-10-cities-in-2019\/","title":{"rendered":"Swvl announces expansion to 10 cities in 2019"},"content":{"rendered":"<p>Mass transit app Swvl has announced plans to expand to 10 cities outside Egypt in 2019, beginning with the Philippine capital of Manila and including Nairobi, Dakar, and Jakarta, CEO and co-founder Mostafa Kandil <a href=\"https:\/\/www.almalnews.com\/Story\/404339\/17\/-%D9%85%D8%B5%D8%B7%D9%81%D9%89-%D9%82%D9%86%D8%AF%D9%8A%D9%84%C2%AB%D8%B3%D9%88%D9%8A%D9%81%D9%84%C2%BB-%D8%AA%D8%B3%D8%AA%D9%87%D8%AF%D9%81-%D8%A7%D9%84%D8%AA%D9%88%D8%B3%D8%B9-%D9%81%D9%89-10-%D9%85%D8%AF%D9%86-%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A9-%D8%AE%D9%84%D8%A7%D9%84-2019\">tells Al Mal<\/a>. <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/25\/swvl-valued-at-usd-100-mn\/\">We had previously reported<\/a> that Thai and Vietnamese cities would be added in 1Q2019. The Saudi Finance Fund had <a href=\"https:\/\/enterprise.press\/stories\/2018\/12\/09\/sfd-to-finance-valu-swvl-installment-plan-cooperation\/\">agreed<\/a> to finance an agreement between Swvl and EFG Hermes\u2019 valU for an unspecified amount of funding.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mass transit app Swvl has announced plans to expand to 10 cities outside Egypt in 2019, beginning with the Philippine capital of Manila and including Nairobi, Dakar, and Jakarta, CEO and co-founder Mostafa Kandil tells Al Mal. We had previously reported that Thai and Vietnamese cities would be added in 1Q2019. The Saudi Finance Fund [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9291],"tags":[2370,72,507,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-605262","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","tag-swvl","tag-transport","wpautop","entry"],"acf":{"mongo_id":"34e6a13b-ccf8-450e-8bb4-10cb6fb7d417","order":"0","is_powered_by":true,"section_story_id":"ab891a87-3287-4dcf-8a75-3baa757059be","story_type":"1","photo_url":"","photo_position":"above","related_issue":[605224],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Swvl announces expansion to 10 cities in 2019 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/26\/swvl-announces-expansion-to-10-cities-in-2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Swvl announces expansion to 10 cities in 2019\" \/>\n<meta property=\"og:description\" content=\"Mass transit app Swvl has announced plans to expand to 10 cities outside Egypt in 2019, beginning with the Philippine capital of Manila and including Nairobi, Dakar, and Jakarta, CEO and co-founder Mostafa Kandil tells Al Mal. We had previously reported that Thai and Vietnamese cities would be added in 1Q2019. The Saudi Finance Fund [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/26\/swvl-announces-expansion-to-10-cities-in-2019\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-26T04:21:15+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/26\/swvl-announces-expansion-to-10-cities-in-2019\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/26\/swvl-announces-expansion-to-10-cities-in-2019\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Swvl announces expansion to 10 cities in 2019\",\"datePublished\":\"2018-12-26T04:21:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/26\/swvl-announces-expansion-to-10-cities-in-2019\/\"},\"wordCount\":77,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Automotive + Transportation\",\"EnterpriseAM\",\"Swvl\",\"transport\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/26\/swvl-announces-expansion-to-10-cities-in-2019\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/26\/swvl-announces-expansion-to-10-cities-in-2019\/\",\"name\":\"Swvl announces expansion to 10 cities in 2019 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-12-26T04:21:15+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/26\/swvl-announces-expansion-to-10-cities-in-2019\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/26\/swvl-announces-expansion-to-10-cities-in-2019\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/26\/swvl-announces-expansion-to-10-cities-in-2019\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Swvl announces expansion to 10 cities in 2019\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Swvl announces expansion to 10 cities in 2019 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/26\/swvl-announces-expansion-to-10-cities-in-2019\/","og_locale":"en_US","og_type":"article","og_title":"Swvl announces expansion to 10 cities in 2019","og_description":"Mass transit app Swvl has announced plans to expand to 10 cities outside Egypt in 2019, beginning with the Philippine capital of Manila and including Nairobi, Dakar, and Jakarta, CEO and co-founder Mostafa Kandil tells Al Mal. 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Kandil also added that the company has started operations in Kenya, as\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622003,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/swvl-valued-at-usd-100-mn\/","url_meta":{"origin":605262,"position":1},"title":"Swvl valued at USD 100 mn?","author":"enterpriseam admin","date":"25 November 2018","format":false,"excerpt":"INVESTMENT WATCH- Swvl valued at USD 100 mn in series \u2018B\u2019 funding round? Mass transit app Swvl raised \u201ctens of mns of USD\u201d in Series \u2018B\u2019 funding from new and existing investors, CEO and co-founder Mostafa Kandil told Reuters on Thursday. While he did not disclose size of the round\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1706.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":645336,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/careem-invests-usd-500k-in-swvl\/","url_meta":{"origin":605262,"position":2},"title":"Careem invests USD 500k in Swvl","author":"enterpriseam admin","date":"18 July 2017","format":false,"excerpt":"INVESTMENT WATCH- Ride-hailing app Careem has invested USD 500k in Swvl, a three-month-old Egyptian bus transportation service, Reuters reports. Careem will take an undisclosed minority stake in Swvl and its CEO and co-founder, Magnus Olsson, will take a board seat. Reuters says Swvl was founded in April by a former\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":604917,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/17\/swvl-in-market-for-usd-50-100-mn-loan-to-fund-egypt-foreign-expansion\/","url_meta":{"origin":605262,"position":3},"title":"Swvl in market for USD 50-100 mn loan to fund Egypt, foreign expansion","author":"enterpriseam admin","date":"17 December 2018","format":false,"excerpt":"Swvl in market for USD 50-100 mn loan to fund local, global expansion: Mass transit app Swvl is in talks with Asia-based investment funds to secure a USD 50-100 mn loan to finance its local and global expansion plans, CEO and co-founder Mostafa Kandil tells Al Mal. Kandil is hoping\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600823,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/11\/halan-ceo-swvl-co-founders-named-in-high-impact-entrepreneurs-network\/","url_meta":{"origin":605262,"position":4},"title":"Halan CEO, Swvl co-founders named in \u201chigh impact entrepreneurs\u201d network","author":"enterpriseam admin","date":"11 February 2019","format":false,"excerpt":"Halan CEO, Swvl co-founders named in \u201chigh impact entrepreneurs\u201d network: Endeavor Egypt has selected tuk-tuk and motorbike ride-hailing app Halan CEO Mounir Nakhla and co-founders of mass transit app Swvl, Ahmed Sabbah, Mahmoud Nouh, and Mostafa Khalil, to join its network of high impact entrepreneurs, according to a statement (pdf).\u2026","rel":"","context":"In &quot;ON YOUR WAY OUT&quot;","block_context":{"text":"ON YOUR WAY OUT","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-your-way-out\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":623272,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/25\/egypts-hitchhiker-closes-usd-200k-angel-round-swvl-gets-some-international-ink\/","url_meta":{"origin":605262,"position":5},"title":"Egypt\u2019s HitchHiker closes USD 200k angel round, Swvl gets some international ink","author":"enterpriseam admin","date":"25 October 2018","format":false,"excerpt":"** #6 Egypt\u2019s HitchHiker raises USD 200k in seed round: Cairo-based international shop-and-ship (with a twist) startup HitchHiker has secured USD 200k in seed funding from unnamed Dubai-based angel investors, the company said on its Facebook page. 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