Investment
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Nawy raises Seven-Figure investment led by Sawiris family
Cairo-based PropTech startup Nawy has raised an oversubscribed seven-figure Seed round led by the Sawiris family office. Also participating in…
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Tribal Credit Raises $34.3 Million to Support SMEs in Emerging Markets
Tribal Credit, a payment fintech specially designed for small and medium-sized businesses in emerging markets, announced today closing a combined…
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Access Bridge Ventures: Exclusive Interview
Access Bridge Ventures is a leading early stage venture capital fund supporting budding entrepreneurs across MENA region & Pakistan. With…
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Egyptian Fintech Dayra Joins Y Combinator, Secures US $3M in Pre-Seed
Dayra is a Cairo-based fintech startup providing unbanked gig-workers and micro-businesses with financial services. The company has joined Y Combinator’s…
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Egypt’s financial wellness startup NowPay signs MoU with Export Development Bank of Egypt
Egyptian fintech startup NowPay signed a Memorandum of Understanding with Export Development Bank of Egypt (EBE) for a credit facility…
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OPEC Fund extends $50m for poverty reduction in Tanzania
The OPEC Fund for International Development (the OPEC Fund) has signed a US$50 million loan with Tanzania to finance the ‘Fourth…
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XPLOR Secures $3M Seed funding from Ayana Holding
XPLOR, the 3D tech, digital twin, and master planning software, has raised a seed fund of US $3 million from…
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Financial Identities’ Cassbana Raises 6 Digits USD
Cassbana, a financial identities’ startup, announced raising a pre-seed round of 6 digits USD to revolutionize the financial service industry in…
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LCP Fund II acquires significant minority stake in Dsquares & Lucky
As its first investment in the market, Lorax Capital Partners Fund II has announced today that it has acquired a…
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Foundation Ventures powers up with 4 new investments
Cairo – Foundation Ventures (FV) is a regional venture capital firm founded in 2019 and is managed by Mazen Nadim,…
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NowPay Raises US$2.1 Million in Seed Investment
Cairo-based FinTech startup NowPay, a financial-wellness platform for employees in emerging markets, has announced today that the company has raised…
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Cairo-based Last-mile Delivery Startup ‘dreevo’ Raises 6 Digits USD Figure
dreevo, a last-mile delivery-focused startup has raised 6 digits USD figure in a bootstrap, pre-seed fund from EF Logistics, a…
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Amber Solutions Secures $5.5 Million in Series B
Amber Solutions, a technology innovator creating a modern hyper-intelligent electrical architecture, announced the completion of a $5.5-million Series B and…
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