{"id":611235,"date":"2023-12-04T00:00:00","date_gmt":"2023-12-04T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/"},"modified":"2023-12-04T00:00:00","modified_gmt":"2023-12-04T00:00:00","slug":"disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/","title":{"rendered":"Disruptech invests in Banknbox. Plus: Alstom, Catalyst Capital, Abu Dhabi Ports, Capricorn, ITIDA"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>FINTECH- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>#1- Disruptech invests in fintech player Banknbox:<\/strong> Local fintech VC firm Disruptech has inked an agreement with digital banking and Cairo-based third-party payment processing platform <a target=\"_blank\" href=\"https:\/\/www.banknbox.com\/\" style=\"\" rel=\"noopener\">BanknBox<\/a>, it said in <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/12\/16.pdf\" style=\"\" rel=\"noopener\">a statement (pdf)<\/a> Saturday. The statement said that the partnership comes as a bid to introduce new integrated payment solutions to the region, but did not disclose the value of the investment.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> BanknBox announced plans to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/34be41db-ddba-4e1a-a8a1-ea06d175fd18\" style=\"\" rel=\"noopener\">set up<\/a> a regional HQ in Egypt in August backed up with a USD 10 mn investment. BanknBox wants to expand into the Middle East and Africa and its CEO Bassem Mahmoud told us at the time that they were finalizing agreements to provide services to five unnamed local fintech companies and banks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Disruptech is a big player in our fintech scene: <\/strong>The local fintech fund <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e55dabdf-c807-459c-b344-6d9e410b8013\" style=\"\" rel=\"noopener\">announced<\/a> its plans to invest USD 5 mn in four local fintech startups in 2023 back in July. This fresh splurge of investments comes on top of its existing portfolio with investments in up-and-coming startups including Brimore, Cassbana, Fatura, Gahez, Khazna, MNT Halan, Mozare3, and numerous other homegrown startups.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- You can now pay for gold online using your card: <\/strong>A strategic partnership between Evolve Investment Holding\u2019s online precious-metals trading subsidiary <a target=\"_blank\" href=\"https:\/\/mngm.com\/\" style=\"\" rel=\"noopener\">mnGm<\/a> and EFG Hermes payment processing subsidiary <a target=\"_blank\" href=\"https:\/\/site.paytabs.com\/en\/egypt\/\" style=\"\" rel=\"noopener\">PayTabs Egypt<\/a> has made trading gold online by card possible for the first time in Egypt,according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/12\/85.pdf\" style=\"\" rel=\"noopener\">joint statement (pdf)<\/a> yesterday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>INVESTMENT- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Catalyst Capital Egypt invests in SCZone industrial and logistics hub:<\/strong> Impact investing fund Catalyst Capital Egypt has acquired a significant minority stake in a new <a target=\"_blank\" href=\"https:\/\/alexgroup.com.eg\" style=\"\" rel=\"noopener\">Alex Steel<\/a> subsidiary looking to develop an industrial and logistics hub in the Suez Canal Economic Zone, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/12\/56.pdf\" style=\"\" rel=\"noopener\">joint statement (pdf)<\/a>. The fund has invested EGP 100 mn into the company \u2014 named Alexandria for Industrial Development (AID) \u2014 in return for a 30% stake, Catalyst Capital Partners Managing Director Abdelaziz Abdel Nabi reportedly told <a target=\"_blank\" href=\"https:\/\/tinyurl.com\/3bchvyh4\" style=\"\" rel=\"noopener\">Al Mal<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The investor:<\/strong> The fund \u2014 the first of its kind in Egypt and the Middle East \u2014 was <a target=\"_blank\" href=\"https:\/\/www.undp.org\/egypt\/press-releases\/catalyst-private-equity-launches-first-%E2%80%9Cimpact-investing%E2%80%9D-fund-egypt-undp\" style=\"\" rel=\"noopener\">launched last<\/a><a target=\"_blank\" href=\"https:\/\/www.undp.org\/egypt\/press-releases\/catalyst-private-equity-launches-first-%E2%80%9Cimpact-investing%E2%80%9D-fund-egypt-undp\" style=\"\" rel=\"noopener\">year<\/a> by MENA-focused private equity outfit <a target=\"_blank\" href=\"https:\/\/catalystpartners-eg.com\/home\" style=\"\" rel=\"noopener\">Catalyst Private Equity<\/a> with backing from the UN Development Programme.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>INFRASTRUCTURE- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1-<\/strong><strong>Alstom to sign contract for Metro Line 6 in 1Q 2024:<\/strong> The Transport Ministry is finalizing the terms and conditions of its agreement with French rolling stock manufacturer Alstom to design and maintain Metro Line 6, <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2023\/12\/02\/1740658\" style=\"\" rel=\"noopener\">Al Borsa<\/a> reports, citing Alstom Egypt CEO Ramy Salah. The two parties are expected to sign the contract in 1Q 2024, Salah was quoted as saying. The company will be responsible for the signaling, electrical systems, infrastructure, and communications for the line. Construction is set to begin this month. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>FYI-<\/strong> The 27-station, 35-km line will be the first driverless metro in Africa and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/686892bd-009b-4ce6-a9af-bdc0c50ec61f\" style=\"\" rel=\"noopener\">will link<\/a> Shubra El Kheima in the north to New Maadi in the south. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- TCI inks Arish cement export terminal project:<\/strong> Abu Dhabi Ports\u2019 (ADP) terminal operator subsidiary <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/transcargo-international-iacc\/?originalSubdomain=eg\" style=\"\" rel=\"noopener\">Transcargo International<\/a> (TCI) signed an agreement with Cementir Holding subsidiary <a target=\"_blank\" href=\"https:\/\/www.sinaiwhitecement.com\/\" style=\"\" rel=\"noopener\">Sinai White Portland Cement<\/a> to build and operate Egypt\u2019s first silo terminal for the bulk export of white cement from Al Arish Port, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/12\/6.pdf\" style=\"\" rel=\"noopener\">a statement (pdf)<\/a>. The terminal will have an annual export capacity of more than 200k tons and will feature six silos with a total storage capacity of 60k tons.<\/p>\n<p><strong>D\u00e9j\u00e0 vu?<\/strong> Unconfirmed local media reports <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ab6db313-a915-4cfc-9db7-79e7706e01a2\" style=\"\" rel=\"noopener\">reported<\/a> in June that TCI was planning to launch a tender for the construction of nine silos for storing cement and dry bulk cargo at a cost of around the EGP 1 bn mark at Al Arish Port Said and West Port Said Port. Before this, TCI also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4018d1e3-d7ae-4b4e-8c85-93420e44e487\" style=\"\" rel=\"noopener\">signed<\/a> a 15-year agreement with the Suez Canal Authority back in March to develop a cement terminal.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ENERGY-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Debts to Capricorn Energy continue to rise:<\/strong> UK-based oil and gas firm Capricorn Energy <a target=\"_blank\" href=\"https:\/\/www.capricornenergy.com\/news-media\/news\/2023\/operational-and-trading-update\/#Tabundefined=1\" style=\"\" rel=\"noopener\">said<\/a> last week that it has some USD 170 mn in outstanding receivables as of the end of October from state-owned Egyptian General Petroleum Corporation (EGPC), of which USD 139 mn is overdue. The company added that it is confident it will fully collect its dues and that it is working with EGPC to solve the issue.<\/p>\n<p><strong>Sound familiar?: <\/strong>Our overdue debts to the British petro firm have grown more than 30% since May, when they <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/06e7e381-df4d-4d89-94c7-428dba34d5a3\" style=\"\" rel=\"noopener\">clocked in<\/a> at USD 104 mn. If you\u2019re wondering why, look no further than our ongoing FX shortage that is making it harder for the Madnouly government to pay its dues to international companies.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Capricorn doesn\u2019t seem to put off its Egypt operations:<\/strong> It <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e190b5e2-bda5-4c64-a99b-658b11fd1262\" style=\"\" rel=\"noopener\">said in<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e190b5e2-bda5-4c64-a99b-658b11fd1262\" style=\"\" rel=\"noopener\">April<\/a> that it plans to scale back exploration elsewhere around the world to focus on optimizing its Egyptian operations. Despite not being able to collect on its debts from us, the company also announced its intention to go ahead with investor payouts worth USD 575 mn throughout this year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>TECH- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Our tech manufacturing industry is getting a helping hand from a Silicon Valley<\/strong><strong> giant:<\/strong> The Information Technology Industry Development Authority (ITIDA) inked an MoU with American tech giant <a target=\"_blank\" href=\"https:\/\/www.synopsys.com\/\" style=\"\" rel=\"noopener\">Synopsys<\/a> and Egyptian semiconductor manufacturer <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/si-vision\/?originalSubdomain=eg\" style=\"\" rel=\"noopener\">SI-Vision<\/a> to increase electronics exports, according to a <a target=\"_blank\" href=\"https:\/\/tinyurl.com\/bdhyy6n5\" style=\"\" rel=\"noopener\">cabinet statement<\/a> on Thursday. Synopsis will also support SI-Vision create 500 new jobs over the next three years and expand its operations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FINTECH- #1- Disruptech invests in fintech player Banknbox: Local fintech VC firm Disruptech has inked an agreement with digital banking and Cairo-based third-party payment processing platform BanknBox, it said in a statement (pdf) Saturday. The statement said that the partnership comes as a bid to introduce new integrated payment solutions to the region, but did [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":611236,"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":[1],"tags":[600,11830,111,1249,7390,598,466,1002,1345,557,93,72,183,7093,7111,125,1635,145,131,91,807,758,7101,416,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-611235","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-abu-dhabi-ports","tag-alex-steel","tag-also-on-our-radar","tag-alstom","tag-banknbox","tag-capricorn-energy","tag-catalyst-partners","tag-cement","tag-disruptech","tag-egyptian-general-petroleum-corporation","tag-energy","tag-enterpriseam","tag-fintech","tag-gold","tag-infrastructure","tag-investment-watch","tag-itida","tag-logistics","tag-manufacturing","tag-oil-and-gas","tag-paytabs","tag-private-equity","tag-railways","tag-suez-canal-economic-zone","tag-transport","wpautop","entry"],"acf":{"mongo_id":"0656ba31-d63c-4b99-9093-37fd75c339b3","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/12\/149.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Disruptech invests in Banknbox. Plus: Alstom, Catalyst Capital, Abu Dhabi Ports, Capricorn, ITIDA","related_issue":[611212],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/12\/.c64904b1-8f7d-410e-973e-22619565d46b.mp3"},"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>Disruptech invests in Banknbox. Plus: Alstom, Catalyst Capital, Abu Dhabi Ports, Capricorn, ITIDA - 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\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Disruptech invests in Banknbox. Plus: Alstom, Catalyst Capital, Abu Dhabi Ports, Capricorn, ITIDA\" \/>\n<meta property=\"og:description\" content=\"FINTECH- #1- Disruptech invests in fintech player Banknbox: Local fintech VC firm Disruptech has inked an agreement with digital banking and Cairo-based third-party payment processing platform BanknBox, it said in a statement (pdf) Saturday. The statement said that the partnership comes as a bid to introduce new integrated payment solutions to the region, but did [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-04T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/149.jpg?fit=%2C&ssl=1\" \/>\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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Disruptech invests in Banknbox. Plus: Alstom, Catalyst Capital, Abu Dhabi Ports, Capricorn, ITIDA\",\"datePublished\":\"2023-12-04T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/\"},\"wordCount\":868,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/149.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Abu Dhabi Ports\",\"Alex Steel\",\"ALSO ON OUR RADAR\",\"Alstom\",\"BanknBox\",\"Capricorn Energy\",\"Catalyst Partners\",\"cement\",\"Disruptech\",\"Egyptian General Petroleum Corporation\",\"energy\",\"EnterpriseAM\",\"Fintech\",\"gold\",\"infrastructure\",\"investment watch\",\"ITIDA\",\"logistics\",\"Manufacturing\",\"oil and gas\",\"PayTabs\",\"private equity\",\"railways\",\"Suez Canal Economic Zone\",\"transport\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/\",\"name\":\"Disruptech invests in Banknbox. Plus: Alstom, Catalyst Capital, Abu Dhabi Ports, Capricorn, ITIDA - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/149.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-12-04T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/149.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/149.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Disruptech invests in Banknbox. Plus: Alstom, Catalyst Capital, Abu Dhabi Ports, Capricorn, ITIDA\"}]},{\"@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":"Disruptech invests in Banknbox. Plus: Alstom, Catalyst Capital, Abu Dhabi Ports, Capricorn, ITIDA - 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\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/","og_locale":"en_US","og_type":"article","og_title":"Disruptech invests in Banknbox. Plus: Alstom, Catalyst Capital, Abu Dhabi Ports, Capricorn, ITIDA","og_description":"FINTECH- #1- Disruptech invests in fintech player Banknbox: Local fintech VC firm Disruptech has inked an agreement with digital banking and Cairo-based third-party payment processing platform BanknBox, it said in a statement (pdf) Saturday. The statement said that the partnership comes as a bid to introduce new integrated payment solutions to the region, but did [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-12-04T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/149.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Disruptech invests in Banknbox. Plus: Alstom, Catalyst Capital, Abu Dhabi Ports, Capricorn, ITIDA","datePublished":"2023-12-04T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/"},"wordCount":868,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/149.jpg?fit=%2C&ssl=1","keywords":["Abu Dhabi Ports","Alex Steel","ALSO ON OUR RADAR","Alstom","BanknBox","Capricorn Energy","Catalyst Partners","cement","Disruptech","Egyptian General Petroleum Corporation","energy","EnterpriseAM","Fintech","gold","infrastructure","investment watch","ITIDA","logistics","Manufacturing","oil and gas","PayTabs","private equity","railways","Suez Canal Economic Zone","transport"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/","name":"Disruptech invests in Banknbox. Plus: Alstom, Catalyst Capital, Abu Dhabi Ports, Capricorn, ITIDA - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/149.jpg?fit=%2C&ssl=1","datePublished":"2023-12-04T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/149.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/149.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/disruptech-invests-in-banknbox-plus-alstom-catalyst-capital-abu-dhabi-ports-capricorn-itida\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Disruptech invests in Banknbox. Plus: Alstom, Catalyst Capital, Abu Dhabi Ports, Capricorn, ITIDA"}]},{"@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\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/149.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/149.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/149.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":663225,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/06\/modon-taps-elsewedy-industrial-development-to-build-and-run-ras-el-hekma-industrial-zone-plus-banknbox-heads-to-qatar\/","url_meta":{"origin":611235,"position":0},"title":"Modon taps Elsewedy Industrial Development to build and run Ras El Hekma industrial zone. PLUS: Banknbox heads to Qatar","author":"enterpriseam admin","date":"6 April 2025","format":false,"excerpt":"The zone is set to span 10 mn sqm and employ more than 20k people","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1885.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":684998,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/17\/banknbox-and-asd-smart-aim-to-bridge-sudans-isolated-banking-apps-by-2026\/","url_meta":{"origin":611235,"position":1},"title":"Banknbox and ASD Smart aim to bridge Sudan\u2019s isolated banking apps by 2026","author":"enterpriseam admin","date":"17 February 2026","format":false,"excerpt":"Plus: Schneider Electric, Zerotech, and AOI to assemble data center units locally, Breadfast raises USD 50 mn in funding round","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2026\/2\/1061.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":675200,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/10\/disruptech-ventures-continues-portfolio-expansion-outside-egypt-with-stake-in-moroccan-fintech-chari\/","url_meta":{"origin":611235,"position":2},"title":"DisrupTech Ventures continues portfolio expansion outside Egypt with stake in Moroccan fintech Chari","author":"enterpriseam admin","date":"10 November 2025","format":false,"excerpt":"Chari plans to use the raised capital to accelerate its growth through strategic acquisitions","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/11\/635.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":615991,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/27\/aman-holding-and-contact-financial-plan-gcc-expansions-in-2024-plus-gb-capital-golden-coast-sukuk-news-new-gold-fund-banknbox-swft-paytabs\/","url_meta":{"origin":611235,"position":3},"title":"Aman Holding and Contact Financial plan GCC expansions in 2024. PLUS: GB Capital + Golden Coast sukuk news, new gold fund, Banknbox + SWFT, PayTabs","author":"enterpriseam admin","date":"27 February 2024","format":false,"excerpt":"Aman Holding will start providing installment services in Saudi Arabia in the second half of the year","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2621.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":623653,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/09\/international-holding-company-subsidiary-palm-sport-to-operate-al-ahlys-el-qalaa-el-hamraa-plus-egp-5-bn-aluminum-factory-trade-talks-with-russia-startups-news-galore\/","url_meta":{"origin":611235,"position":4},"title":"International Holding Company subsidiary Palm Sport to operate Al Ahly\u2019s El Qalaa El Hamraa. PLUS: EGP 5 bn aluminum factory, trade talks with Russia, startups news galore","author":"enterpriseam admin","date":"9 June 2024","format":false,"excerpt":"The EGP 12 bn sports city complex in Sheikh Zayed will house Al Ahly\u2019s new 44-k seat home stadium","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/702.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":586135,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/proparco-commits-usd-5-mn-to-disruptech-plus-cairo-hosts-counterterror-forum\/","url_meta":{"origin":611235,"position":5},"title":"Proparco commits USD 5 mn to Disruptech. PLUS: Cairo hosts counterterror forum.","author":"enterpriseam admin","date":"7 May 2023","format":false,"excerpt":"Disruptech has so far invested 40% of its capital in tech startups","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/292.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/611235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=611235"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/611235\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/611212"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/611236"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=611235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=611235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=611235"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=611235"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=611235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}