egypt

Latest report puts new number to Egypt’s record year of startup deals in 2019

Egypt topped the Middle East and North Africa (MENA) region last year when it came to the number of investments concluded by tech startups,…

Egypt’s Vezeeta raises $40m in Series-D round

Egyptian healthtech Vezeeta has secured $40-million in a Series-D round led by Gulf Capital, one of the Middle East’s largest alternative asset management firms….

Egyptian on demand pet care startup Vetwork raises six-figure seed round

Egyptian on-demand pet-care startup Vetwork has raised a six-figure seed round from Cairo Angels, Misk 500 Startups, Khalid Al Tawil, Saleh Waheed in its…

Startupbootcamp FinTech Cairo applications close next month

Fintech accelerator Startupbootcamp FinTech Cairo has called on Egyptian early-stage startups to apply to join its next cohort. Applications for Startupbootcamp FinTech Cairo’s second…

Get ready for Egypt’s first insurtech hackathon which kicks off next week in Cairo

Are you ready for it? Egypt’s first insurtech hackathon, InsurHack, is set to kick off next Thursday (28 November) at the American University in…

Andela launches in Egypt, signs agreement with Itida to hire 200 software engineers

US tech firm Andela has launched in Egypt and signed an agreement with the country’s Information Technology Industry Development Agency (Itida) to hire 200…

Egyptian ride-hailing startup Hive that serves children nets $400k from investor

A Cairo-based ride-hailing startup Hive, which focuses on transporting children, has secured a $400 000 investment from an investor who was one of the…

Egyptian logistics startup Sprint to use six-figure seed round to expand hubs network

Cairo-based logistics service provider Sprint says it will use its first ever round of funding to expand its hubs networks as well as grow…

Newly launched Med Angels aims to tackle region’s gap in seed funding

A newly launched angel investor network aims to tackle the gap in seed funding in the Mediterranean region, which encompasses North Africa. So, says…

Egyptian online print shop PrintX raises $150k from a Saudi angel investor

PrintX, a Cairo-based online print shop, has raised $150 000 from Saudi angel investor Mohamed Elbazz. Tech publication MenaBytes reported in an article yesterday…

Egypt’s Career 180 raises $100k in seed funding from EdVentures

Cairo-based career advising platform Career 180 has raised a $100 000 seed funding round from EdVentures, the venture capital (VC) arm of Egypt’s Nahdet Misr Publishing…

‘Egypt’s central bank to launch over $50m fintech fund’

The Central Bank of Egypt (CBE) is reportedly planning to launch a $50-million to $100-million fintech fund by early next year. So, says Egypt’s…

Here are the 10 startups that graduated from Changelabs Egypt’s first cohort

The 10 early-stage startups that participated in Changelabs Egypt‘s first cohort have graduated. This follows a demo day that the impact-centred accelerator held in…

Egyptian grocery delivery platform Trolley secures $200k

Trolley, a Cairo-based grocery delivery platform founded last year, has secured a $200 000 seed investment. Tech publication MenaBytes reported in an article yesterday (27…

Cairo-based edtech startup Colnn raises $100k seed round

Cairo-based edtech startup Colnn has raised a $100 000 seed round from EdVentures, the venture capital (VC) arm of Egypt’s Nahdet Misr Publishing Group….

Egyptian edtech Orcas lands $500k from Algebra Ventures, NFX Capital

Egyptian startup Orcas has raised $500 000 in a pre-Series A funding round led by Egyptian venture capital (VC) fund Algebra Ventures, with participation from…

How founder of Egypt’s Xpay bagged $250k after meeting angels at social event

The founder of startup XPay — which was reported last week to have raised $250 000 from two angel investors — says he closed the…

UK’s StatsBomb acquires Egyptian football data analytics startup ArqamFC

Egyptian football data analytics startup ArqamFC has been acquired by British competitor StatsBomb. This, according to an article published earlier this week by tech publication Menabytes. ArqamFC…

World Bank to invest $50m to help scale Egyptian early-stage investment network

The World Bank, as part of a $200-million project that aims to support small businesses and job creation for women and youth in Egypt, will…

Up to $175k in total prize money up for grabs in 2019 Bell Labs Prize

Three innovators from around the world stand to win a share of $175 000 in the 2019 Bell Labs Prize. The competition is aimed at proposals that “change the game” in the ICT sector by a factor of 10.

Egyptian gaming community GBarena lands seed funding from Cairo investor

Egyptian esports and gaming community GBarena has raised seed funding from Cairo-based investor HIMangel, the startup has revealed. The startup made the announcement in…

African tech startups raised over $1.2bn in funding in 2018 – Partech report

A report by French venture capital (VC) firm Partech Africa has found that 146 African tech startups raised $1.163-billion in equity funding last year…

Cairo-based GoodsMart announces second investment from Algebra Ventures

Cairo-based household shopping app GoodsMart today announced that it has secured its second investment from Egyptian venture capital (VC) firm Algebra Ventures. The deal…

MTN delays launch of 5G network to end of June

SA’s Pineapple, Tautona.AI make Sønr and Insurance Post’s Insurtech 100 list

Covid-19 and African tech startups roundup [05/06/2020]

UNOPS Global Innovation Challenge seeking solutions to address SDGs

New EA games and EA Access to launch on Steam

Huawei P40 Pro review: steadily built on compromise

Samsung Access turns the smartphone into a subscription service

BMW’s new 4 Series design is potentially divisive

Isuzu’s MU-X SUV gets upgraded safety features, design tweaks

The new BMW 5 Series is now a high-performance hybrid