{"id":633512,"date":"2024-07-16T00:00:00","date_gmt":"2024-07-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/"},"modified":"2024-07-16T00:00:00","modified_gmt":"2024-07-16T00:00:00","slug":"e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/","title":{"rendered":"E-commerce platforms MaxAB and Wasoko to merge within weeks -report"},"content":{"rendered":"

MaxAB and Wasoko\u2019s merger is fast approaching:<\/strong> Egyptian B2B e-commerce platform MaxAB<\/a> and Kenya-based Wasoko<\/a> are set to complete their merger within the next few weeks, Al Mal<\/a> reports, citing sources it says have knowledge of the matter. The merger will create a new entity named Maxoko, whose annual operations are projected to hit USD 500 mn.<\/p>\n

Remember: <\/strong>The two e-commerce platforms <\/span>inked a preliminary merger agreement<\/a> back in December with the aim of advancing Africa\u2019s informal retail sector. The transaction \u2014 hailed by the two companies as \u201cthe largest tech merger in Africa\u201d \u2014 is set to create a combined customer base of over 450k merchants serving over 65 mn consumers in eight African countries.<\/span><\/p>\n

The ownership breakdown: <\/strong>Wasoko shareholders will reportedly hold a controlling 55% stake in the merged entity, with the remaining share going to MaxAB shareholders, according to Al Mal.<\/p>\n

The where: <\/strong>Maxoko intends to expand its operations in Egypt, Morocco, Rwanda, and Kenya, according to Al Mal \u2014 MaxAB already operates in Egypt and Morocco, while Wasoko is present in Kenya, Tanzania, Rwanda, Uganda, Zambia, and Congo. <\/p>\n

Maxoko wants to go public:<\/strong> The company\u2019s long-term plans include listing on a stock exchange. <\/p>\n

About <\/strong>the companies:<\/strong> Founded in 2018 by Belal El Megharbel (LinkedIn<\/a>) and Mohamed Ben Halim (LinkedIn<\/a>), MaxAB offers a range of e-commerce and fintech services targeting smaller retailers and suppliers. Wasoko was founded in 2013 by Daniel Yu (LinkedIn<\/a>). The company enables smaller retailers to restock products for their businesses via mobile app.<\/p>\n","protected":false},"excerpt":{"rendered":"

Maxoko\u2019s annual operations are projected to hit USD 500 mn.<\/p>\n","protected":false},"author":1,"featured_media":633513,"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":[7363],"tags":[72,7128,2182,95,7132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-633512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch","tag-enterpriseam","tag-ma-watch","tag-maxab","tag-startup-watch","tag-wasoko","wpautop","entry"],"acf":{"mongo_id":"969994b2-1a3b-4064-9d6b-389df30fe385","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/7\/1182.jpg","photo_position":"above","homepage_title":"","full_issue_title":"E-commerce platforms MaxAB and Wasoko to merge within weeks -report","related_issue":[633500],"teaser":"Maxoko\u2019s annual operations are projected to hit USD 500 mn.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.50b62c09-3c2a-4692-b26f-4d920dda1ca3.mp3"},"yoast_head":"\nE-commerce platforms MaxAB and Wasoko to merge within weeks -report - 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\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"E-commerce platforms MaxAB and Wasoko to merge within weeks -report\" \/>\n<meta property=\"og:description\" content=\"Maxoko\u2019s annual operations are projected to hit USD 500 mn.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-16T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1182.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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"E-commerce platforms MaxAB and Wasoko to merge within weeks -report\",\"datePublished\":\"2024-07-16T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/\"},\"wordCount\":256,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1182.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"M&A Watch\",\"MaxAB\",\"Startup watch\",\"Wasoko\"],\"articleSection\":[\"M&A WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/\",\"name\":\"E-commerce platforms MaxAB and Wasoko to merge within weeks -report - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1182.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-07-16T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1182.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1182.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"E-commerce platforms MaxAB and Wasoko to merge within weeks -report\"}]},{\"@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":"E-commerce platforms MaxAB and Wasoko to merge within weeks -report - 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\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/","og_locale":"en_US","og_type":"article","og_title":"E-commerce platforms MaxAB and Wasoko to merge within weeks -report","og_description":"Maxoko\u2019s annual operations are projected to hit USD 500 mn.","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-07-16T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1182.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":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"E-commerce platforms MaxAB and Wasoko to merge within weeks -report","datePublished":"2024-07-16T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/"},"wordCount":256,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1182.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM","M&A Watch","MaxAB","Startup watch","Wasoko"],"articleSection":["M&A WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/","name":"E-commerce platforms MaxAB and Wasoko to merge within weeks -report - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1182.jpg?fit=%2C&ssl=1","datePublished":"2024-07-16T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1182.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1182.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/e-commerce-platforms-maxab-and-wasoko-to-merge-within-weeks-report\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"E-commerce platforms MaxAB and Wasoko to merge within weeks -report"}]},{"@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\/2024\/7\/1182.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1182.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\/2024\/7\/1182.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":612496,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/24\/maxab-to-merge-with-kenyan-b2b-e-commerce-player-wasoko\/","url_meta":{"origin":633512,"position":0},"title":"MaxAB to merge with Kenyan B2B e-commerce player Wasoko","author":"enterpriseam admin","date":"24 December 2023","format":false,"excerpt":"The merged entity will sell to more than 450k merchants in eight African countries","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1517.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":640572,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/28\/egypts-maxab-and-kenyas-wasoko-complete-africas-largest-ever-tech-merger\/","url_meta":{"origin":633512,"position":1},"title":"Egypt\u2019s MaxAB and Kenya\u2019s Wasoko complete Africa's largest-ever tech merger","author":"enterpriseam admin","date":"28 August 2024","format":false,"excerpt":"The merger establishes a Pan-African platform serving Africa's USD 600 bn informal retail sector","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/2393.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":665544,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/maxab-wasoko-acquires-fatura\/","url_meta":{"origin":633512,"position":2},"title":"MaxAB-Wasoko acquires Fatura","author":"enterpriseam admin","date":"20 May 2025","format":false,"excerpt":"EFG Finance will become a significant shareholder in MaxAB-Wasoko","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1610.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":654329,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/31\/newly-merged-wasoko-and-maxab-tap-new-technical-advisor\/","url_meta":{"origin":633512,"position":3},"title":"Newly-merged Wasoko and MaxAB tap new technical advisor","author":"enterpriseam admin","date":"31 October 2024","format":false,"excerpt":"El Shenawy currently serves as president and CTO of driverless car maker Cruise","rel":"","context":"In "Moves"","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2633.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595455,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/26\/egyptian-e-commerce-startup-maxab-raises-usd-6-2-mn-in-seed-investment\/","url_meta":{"origin":633512,"position":4},"title":"Egyptian e-commerce startup MaxAB raises USD 6.2 mn in seed investment","author":"enterpriseam admin","date":"26 September 2019","format":false,"excerpt":"STARTUP WATCH- Cairo-based e-commerce startup MaxAB has raised USD 6.2 mn in one of the MENA region\u2019s largest-ever seed rounds, it said ina statement (pdf). The round was co-led by Beco Capital, 4DX Ventures, and Endure Capital, while 500 Startups, Outlierz Ventures, and other local investors participated. The company expects\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/9\/2576.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":633548,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/16\/this-evening-egypt-will-pay-usd-3-2-bn-to-clear-iocs-arrears-before-the-end-of-fy-2024-25\/","url_meta":{"origin":633512,"position":5},"title":"THIS EVENING: Egypt will pay USD 3.2 bn to clear IOC\u2019s arrears before the end of FY 2024-25","author":"enterpriseam admin","date":"16 July 2024","format":false,"excerpt":"Good afternoon, ladies and gentlemen, and happy hump day. We are racing to reach the weekend for a respite after this full business week. THE BIG STORY TODAY- Egypt to pay USD 3.2 bn to clear IOC\u2019s arrears before the end of FY 2024-25: The government is set to clear\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/138.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\/633512","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=633512"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/633512\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/633500"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/633513"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=633512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=633512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=633512"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=633512"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=633512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}