egypt

IBM Broadens Global Software Reach on AWS Marketplace

IBM has dramatically expanded the availability of its software portfolio on AWS Marketplace to 92 countries, the company announced on 6th May. This expansion…

AfricArena’s Cairo summit ignites North African start-ups

With North Africa quietly transforming into a hotbed for tech start-ups, it comes as no surprise that the upcoming AfricArena Cairo Growth Stage Summit…

Fawry and Syrve partner to enhance F&B payments in Egypt

Fawry, the leading e-payments solutions and banking services provider in Egypt, has partnered with Syrve, an all-in-one restaurant management system, to introduce a seamless…

Egypt’s fintech titan Fawry partners with Classera

Egyptian payment start-up Fawry has partnered with Classera, a distance learning technology provider, to enhance e-payment services and integrate digital payment solutions of both…

ECEA to grow AI and tech industries investments in Egypt

The newly launched Egyptian-Chinese Entrepreneurs Association (ECEA) will target the expansion of AI an tech industry investments in Egypt, confirmed Amre Moussa, the former…

Egyptian food delivery start-up seeks $10m in seed funding

Billed as the first mobile app in the country’s food-tech industry to specialise in table and meal reservations, the Egyptian start-up Bonbell has closed…

Egypt fintech, Lucky, raises $25M in Series A

Lucky, the leading app in Egypt for credit products, offers and cashback rewards, has raised $25 million in a Series A funding round. The…

Egyptian ecommerce platform, Wasla, raises $9M in funding

Wasla, the Egyptian e-commerce mobile web browser and desktop extension, has raised $9 million in funding from Contact Financial Holding. With the tie-up, Contact…

Egypt proptech startup, Nawy, raises $5M in seed funding

Egyptian proptech startup, Nawy, has concluded its seed funding round securing $5 million in investment led by the Sawiris family office. Nawy is an…

Egyptian investment startup, Thndr, secures $20M in Series A

Thndr, the Egyptian digital investment platform, has secured $20 million in a Series A investment round co-led by Tiger Global, BECO Capital and Prosus…

African global business services sector to grow to $19.8 billion by 2023 – research

A new report by market researcher Knowledge Executive shows Africa’s Global Business Services (GBS) is expected to grow to nearly $20 billion by 2023….

Drosos Foundation and Startup Guide publish Egypt guidebook

The Drosos Foundation has partnered with publishing company Startup Guide to release an entrepreneurship guidebook for Egypt. The partners announced the book, titled Startup Guide…

Orange Digital Ventures launches seed challenge to invest €500k in seven startups

Seven startups from Africa and the Middle East will be able to land investment of between €50 000 and €150 000 through a new…

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…

Broadband Africa Forum 2024

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