F5.5G Leap-forward Development of Broadband in Africa The Africa Broadband Forum 2024 (BBAF 2024) was successfully held in Cape Town, South Africa recently, under…
Sanwari Ventures secures $63-million fund to invest in Egypt tech businesses
Cairo-based venture capital and private equity company Sawari Ventures has closed an Egypt-based fund of Egyptian pound 440-million with investment from Misr Insurance Group,…
Egypt’s Swvl raises $42-million on a reported $156m valuation [Updated]
UPDATE (20 August 2019): Swvl‘s $42-million raise was based on a valuation of the Egyptian startup of $156.86-million. The valuation was calculated from a disclosure…
Sawari Ventures announces $35m first closing of $70m North Africa fund
Egyptian venture capital firm Sawari Ventures yesterday (9 December) announced a $35-million first closing of its $70-million Sawari Ventures North Africa Fund I (SVNFI)….
Egypt’s Swvl closes BECO Capital led Series-B round in the ‘tens of millions’
Cairo-based transportation startup Swvl has raised an undisclosed amount in a Series-B funding round led by Dubai-based venture capital (VC) firm BECO Capital. The startup…
