IFC Invests $15m into Egyptian Venture Capital Firm
3 min read
The International Finance Corporation (IFC) has announced that it will, for the second time, invest $15m into venture capital firm…
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Egyptian Start-Ups Should Not Stand Alone
4 min read
OneOrder, a B2B logistics start-up based in Egypt, raised $1 million in funding right after its early launch. The investment’s major…
IT Strategy | News | Startups
US-Based Therapy Provider Acquires DilenyTech, an Egyptian HealthTech Startup
2 min read
Astute Imaging LLC, a US-based imaging-guided therapy provider , has acquired DilenyTech, a Cairo-based HealthTech and AI-powered deep technology screening…
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Kuwaiti Food Delivery Startup Opens Offices in Cairo to Drive Growth in Africa
2 min read
Kuwaiti food ordering and delivery startup, Talabat, has inaugurated its new 10,000 sqM headquarters in Cairo, Egypt. The company owned…
Egypt’s Solar Power Production Reached 4,500 GWh in 2021
3 min read
Egypt produced roughly 4,500 gigawatt-hours (GWh) of power from solar energy, making up about 32 per cent of Egypt’s renewable…
ITIDA & Visa Gunning For Egypt’s SMBs
3 min read
Egypt’s Information Technology Industry Development Agency (ITIDA) and Visa teamed up over the holidays to release a business skills EdTech…
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Egyptian Startup Secures $25 Million in Series A Round Funding
2 min read
Egypt’s largest social commerce platform, Brimore, has raised $ 25 million in a Series A round funding led by the…
Egyptian FinTech Sympl Raises $6m 2 Months After Soft Launch
3 min read
Sympl, an Egyptian fintech startup, managed to raise $6 million funds only two months after its soft launch. The majority…
Egypt’s e-Commerce Transactions Amount To $5b In 2021
3 min read
According to Sherif Makhlouf, CEO of consulting firm BOOST and Egyptian Junior Businessmen Association (EJB) member, Egypt’s e-commerce transactions reached…
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Cairo ICT 2021: An Overview Of A Technology Showcase
3 min read
The Egyptian president Abdel-Fattah El-Sisi inaugurated Cairo ICT 2021 on 7 November in the presence of other officials and dignitaries….
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