Entrepreneurs hailing from Nigeria, Kenya and Egypt were in the top three following the final pitching session in the Grand Finale of the Africa Business Heroes (ABH) Prize contest. The grant recipients contribute to the [c]
payments fintech company Cellulant has announced that it has obtained the initial approval as a Payment Service Provider and Payment Facilitator in Egypt. Adding these licences strengthens Cellulant’s operations in Africa, where it has the [c]
The PR initiative resulted in two successful press briefings with over 100 media attendees and over 1,650 article pickups, achieving a PR value of over 30 million. [c]
Autochek, the automotive technology company making car ownership more accessible and affordable across Africa, has announced the acquisition of a majority stake in AutoTager, an Egyptian automotive technology company that makes it easier to find and [c]
The acquisition enables Liquid, the London-based group with operations in Africa, UK, the US and Latin America, to bring some of the best global cloud and cyber security products to the Egyptian market. [c]
The Egyptian Banking Institute (EBI), the training arm of the Central Bank of Egypt, has successfully launched the first round of “EBI Executive Program” for the African banking sector. The program, part of the framework [c]
OneOrder, the Egyptian fintech-enabled restaurant management platform which provides food supplies to hotels, restaurants and cafes, has announced the close of a $3 million Seed round. Led by Nclude, this round also sees follow-on investment [c]
Blnk, a fintech startup that enables instant consumer credit in Egypt, has raised $23.7 million in equity and debt funding, and $8.3 million in securitized bond issuance to accelerate financial inclusion within underserved communities across the [c]
MaxAB, the food and grocery B2B e-commerce and distribution platform, serving a network of traditional retailers in Egypt and Morocco, has today announced the close of a $40 million pre-series B equity round to fuel [c]
Rosatom engineering division (Atomstroyexport JSC) and Korea Hydro and Nuclear Power Co. Ltd. (KHNP) have concluded a contract for the construction of turbine islands under the El-Dabaa NPP project in Egypt. According to the agreement, [c]
Alexey Likhachev, Rosatom Director General, and Mohamed Shaker, the Egyptian Minister of Electricity and Renewable Energy gave the green light to the pouring of the “first concrete” for the El-Dabaa Nuclear Power Plant Unit 1 [c]
Cairo-headquartered daily fantasy football platform, Eksab has secured a $3 million Seed funding round, led by 4DX Ventures with participation from Darwazah Capital, Golden Palm Investments, P1 Ventures, and a number of strategic angel investors [c]
In a move that will see enhanced financial services for people in Egypt, Mastercard and Egyptian fintech Kashat have signed a five-year agreement that will digitize the onboarding, disbursement, and collection processes for MENA’s first [c]
Mastercard has partnered with Schoolvoice, a school-parents communication platform based in the UAE, to digitize the education experience for schools in the Middle East and North Africa (MENA) region. The collaboration will help simplify communications [c]
South African-born SweepSouth, which currently operates in Kenya, South Africa and Nigeria, is excited to announce its acquisition of Egyptian start-up, Filkhedma. Filkhedma is Egypt’s leading home services marketplace operating across three regions on the [c]
Breadfast, Egypt’s leading grocery delivery platform, has secured $26 million in a Series A round, co-led by Vostok New Ventures and Endure Capital. The round included participation from JAM Fund, led by Justin Mateen, Co-Founder [c]
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