egypt

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…

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…

Egyptian healthtech Vezeeta does it again with $1-million raise from the IFC [Updated]

Egyptian healthtech startup Vezeeta has raised a new, $1-million investment from the International Finance Corporation (IFC), a member of World Bank Group — less than…

Egyptian ride-hailing app Halan raises ‘multi-million’ dollar Series-A round

Egyptian startup Halan — Egypt and Sudan’s first motorcycle and tuktuk ride-hailing app — has announced that it landed an undisclosed Series A funding round from round co-led…

Productivity On A Large Screen

Everlytic Launches Cutting-Edge AI Studio with WhatsApp Chatbots for Smarter Communication

Everlytic’s new API Communicator feature enhances customer engagement across multiple channels

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Microsoft launches new Surface devices in new AI era

Honor Magic V3 launches, four things to know

Honor Magic V3, a Guinness world record attempt

Renault got design right in 2024

Nio Firefly brings Galaxy design to compact EVs

Google Cast and other Christmas goodies for Rivian