Egypt
Fawry Secures $10.8 Million Financing to Expand Digital Lending for Small Businesses Across Egypt
Egyptian fintech giant Fawry has secured a financing facility worth USD 10.8 million (EGP 550 million) for its wholly owned subsidiary, Fawry MSME Finance,...
Egyptian Mobility Startup Tawsela Joins FasterCapital to Strengthen Passenger Experience, Driver Operations
Egyptian transportation technology startup Tawsela has taken a significant step toward strengthening its growth ambitions after joining the EquityPilot programme operated by global venture...
Egypt Launches Child SIM Services to Protect Children from Harmful Online Content
The Egyptian government has introduced two new child-focused mobile SIM services aimed at making internet access significantly safer for children. This marks another milestone...
Egypt’s Startup BrainsMingle Secures $400k to Transform Global Knowledge Sharing
Egyptian startup BrainsMingle, an artificial intelligence-powered, video-first professional networking platform, has secured US$400,000 in strategic seed funding from BasharSoft Group. This marks a significant...
Beltone Backs Egyptian Consumer Brands ariika and Lychee as They Expand into Saudi Arabia
Egyptian investment firm, Beltone Venture Capital (BVC), is deepening its commitment to homegrown consumer brands by increasing its investment in home furnishings company, ariika,...
Majid Al Futtaim Bets Big on Egypt with $3.1 Billion New Cairo Development
Majid Al Futtaim has announced its first major entry into the Egypt'’s residential real estate market through a strategic partnership with MIDAR for Investment...
Egyptian Ed-Tech Giant eYouth Partners Syrian Startup Doroob to Equip Youth With Job-Ready Skills
Egyptian education technology company, eYouth, has entered into a strategic partnership with Syrian startup Doroob to expand access to market-driven training programmes across Syria. The...
Mastercard Foundation, EdVentures Select 13 Egyptian Startups to Advance Education Innovation Across Africa
The Mastercard Foundation and EdVentures have selected 13 education technology (EdTech) startups for the third cohort of the Mastercard Foundation EdTech Fellowship in Egypt,...
Beltone and Telda Partners to Expand Digital Investing and Democratise Investment Access in Egypt
Egyptian investment bank and asset manager, Beltone Asset Management has partnered with fintech platform, Telda to distribute its investment products through the Telda mobile...
MNT-Halan Reaches $1.4b Valuation After Strategic Backing from Egypt’s Largest Bank for Operational Expansion
Egypt's fintech unicorn MNT-Halan has secured a fresh equity investment from Al Ahly Capital, the investment arm of the National Bank of Egypt (NBE),...
Egypt’s Blnk Raises $37.1M to Expand Financial Inclusion, Targeting Millions of Underserved Consumers
Cairo-based fintech startup Blnk has secured a combined US$37.1 million in fresh funding to accelerate its mission of expanding access to credit for millions...
FABMISR Partners Network International to Accelerate Digital Payments and Financial Inclusion in EgyptÂ
First Abu Dhabi Bank Misr (FABMISR) has entered into a partnership with Network International to deploy a comprehensive payments processing infrastructure, in a move...
