Wamda

Egypt

Efreshli closes seed round led by Algebra Ventures

Egypt-based interior design startup Efreshli has raised a Seed round at unknown value, led by Algebra Ventures, with participation from...

Efreshli E-commerce interior design

Egypt

Teradix wins $140,000 grant from TAQADAM to fuel Saudi expansion

Egypt-based e-procurement solutions provider Teradix has been awarded a $140,000 grant from TAQADAM Accelerator programme at King...

Teradix TAQADAM Accelerator SAAS

Egypt

T-Vencubator announces Tafweela as inaugural venture-building project

Egypt-based VC-incubator T-Vencubator has announced the Egyptian fintech, Tafweela, as its inaugural venture-building project. Founded...

T-Vencubator Tafweela

Egypt

Entlaq's new report highlights Egypt's agritech potential

Egypt’s agricultural exports are projected to hit $14 billion by 2030, according to Entlaq’s report titled “The...

Entlaq agritech

Egypt

South Africa’s Pargo expands to Egypt with $4 million fresh investment

South Africa-based e-commerce logistics startup Pargo has expanded into the Egyptian market after raising $4 million in investment, led...

Pargo Logistics E-commerce

Egypt

Sawari Ventures targets raising $200 million for second fund

The Egypt-based venture capital firm Sawari Ventures will launch its second fund in early 2025 with a target of $200...

Sawari Ventures

Egypt

Egypt's Viridia Tech wins 2024 Mega Green Accelerator grand prize

Egypt-based agritech Viridia Tech has been named the overall winner of the 2024 Mega Green Accelerator, awarded the $100,000 grand prize...

Viridia Tech 2024 Mega Green Accelerator Pepsico

Egypt

Rabbit Mobility raises $1.3 million to fuel expansion plans

Egypt-based micromobility platform Rabbit Mobility has closed a $1.3 million investment round, led by 500 Global and Untapped Global,...

Rabbit Mobility micromobility

Egypt

Egypt's WellPal relocates to Saudi Arabia with fresh funding in hand

Egyptian e-commerce platform for health products, WellPal, has relocated to Saudi Arabia after securing an undisclosed investment round...

WellPal E-commerce health and fitness

Egypt

Saudi q-commerce Nana acquires Rasseed app

Saudi Arabia-based dark store grocery delivery startup Nana has acquired Rasseed application for an undisclosed value. Founded in 2016...

Nana Raseedi

Egypt

Entlaq partners with Savannah to suppoert Sudanese entrepreneurs in Egypt

Entlaq, an Egypt-based entrepreneurial think tank, has partnered with Savannah, a Sudanese incubator, to support Sudanese migrants and...

Entlaq Savannah

Egypt

Bokra, CIC launch $207,000 fund to back entrepreneurial students

Egypt-based fintech Bokra and the Canadian International College (CIC) have jointly launched a $207,000 fund to back Egyptian students...

Bokra Academy Bokra CIC

Egypt

EdVentures selects eight Egyptian edtech startups to support

Egypt-based EdVentures, the VC arm of Nahdet Misr Group specialising in edtech, has invested in eight new edtech startups. The eight...

EdVentures EdTech

Egypt

Egypt's Entrepreneur Awards announces winners of 2024 edition

Egypt’s Entrepreneur Awards (EEA) has celebrated the closing of the fourth edition of its annual contest, where 15 Egyptian...

EEA Egypt's Entrepreneur Awards

Egypt

Egypt’s SETTLE secures $2 million pre-Seed

Egypt-based fintech SETTLE has raised a $2 million pre-Seed round, led by Shorooq Partners, with support from El Sewedy Capital Holding,...

SETTLE Fintech Shorooq Partners

Egypt

Egyptian edtech Farid secures $250,000 pre-Seed

Egypt-based edtech Farid has raised $250,000 in a pre-Seed funding round from Saudi businesswoman Amal bint Abdulaziz...

Farid EdTech

Egypt

Egyptian businessmen launch $42 million NextEra to transform educational landscape

A coalition between EYouth and a list of Egyptian businessmen, including Mohamed Farouk, Ahmed Tarek, Mustafa Abd Ellatif and Mokhtar...

NextEra Education EYouth Education

Egypt

Sultan Ventures acquires Acasia Group to extend foothold in MENA

US-based VC firm Sultan Ventures has acquired the Egyptian angel investment syndicate and incubator, Acasia Group, for an unknown...

Sultan Ventures Acasia Group

Egypt

Paymob secures an extra $22 million for Series B round

Egypt-based fintech Paymob has raised a $22 million Series B extension round, bringing the company’s total Series B funding to $72...

Paymob Fintech EBRD Venture Capital

Egypt

Athar Climate Action Accelerator empowers green entrepreneurs in Upper Egypt

Egypt-based Athar Accelerator has celebrated the graduation of the fifth cohort of its Climate Action Accelerator Programme. The demo...

Athar Climate Action Accelerator DFC Athar Accelerator

Egypt

Entlaq acquires a stake in Egypt’s Brotinni

Entlaq, an Egypt-based company supporting entrepreneurs, has acquired a stake in the Egyptian foodtech Brotinni for an undisclosed...

Brotinni Entlaq foodtech

Egypt

In collaboration with Wamda, Entlaq releases Egyptian Entrepreneurship Sector Diagnostics report H1 2024

Egypt-based think tank Entlaq has launched the results of its bi-annual report on the Egyptian entrepreneurship sector for the first...

Entlaq Egyptian Entrepreneurship Sector Diagnostics Report

Egypt

KBW Ventures debuts in Egypt by investing in NoorNation

Egypt-based climatetech NoorNation has received an undisclosed investment from KBW Ventures, founded by Saudi Prince Khaled bin...

NoorNation KBW Ventures Khaled bin Alwaleed

Egypt

Egyptian fintech Lucky ONE raises $3 million in convertible note

Egypt-based fintech Lucky ONE has raised $3 million in a convertible note from Lorax Capital Partners, KEM, DisrupTech Ventures and...

Lucky ONE Fintech Lorax Capital Partners

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