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Blessed Frank

Exploring Africa's Tech Frontier | Unearthing Startup Gold 💰 | Decoding Crypto & Web3 | Your Guide to Emerging Markets #TechJournalist

Insta is Working on New Feature to Protect Users from Unsolicited Nude Photos via DM

image-based abuses

Insta is Working on New Feature to Protect Users from Unsolicited Nude Photos via DM

Insta, (Instagram) the photo, and video sharing social networking service platform is experimenting with a new method to filter out unsolicited nude messages sent via direct messages. After app researcher Alessandro Paluzzi published an early image of the tool earlier this week, Instagram’s parent company, Meta, confirmed to The

Mastercard Expands Advisors Client Services Hub in Egypt to Support the Region’s Digital Transformation

Advisors Client Services Hub

Mastercard Expands Advisors Client Services Hub in Egypt to Support the Region’s Digital Transformation

Mastercard, a global payments technology company, has announced the expansion of its Advisors Client Services Hub from Egypt to serve regional and global markets. The expert team facilitates innovative financial and payment solutions spanning cutting-edge financial trends such as Buy-Now-Pay-Later (BNPL), open banking, cybersecurity, and data monetization, to establish Egypt

Rechi, a Taiwanese Manufacturer, Partners With El-Araby Group to Build a $33M AC Factory in Egypt

Rechi, a Taiwanese Manufacturer, Partners With El-Araby Group to Build a $33M AC Factory in Egypt

Rechi, a Taiwanese manufacturer, is partnering with El-Araby Group, an Egyptian-based home appliances dealer, to build a $33 million air-conditioning compressor factory with a production capacity of 6 million compressors annually, with operations expected to begin in 2024, according to a statement from Egypt’s Ministry of Trade and Industry.

Lucky and City Edge Partner to Provide Customers with Digital Payments Options

Lucky and City Edge Partner to Provide Customers with Digital Payments Options

Lucky Egypt, a fintech startup that offers financial services, credit products, offers, and cashback rewards to Egyptians and indeed the entire Middle East region through its App has today signed a cooperation partnership with an Egyptian real estate developer, City Edge. Under this partnership, City Edge’s customers will be

Egypt Gradually Becoming the Preferred Offshoring Hub for BPO and ITO

business and technology services

Egypt Gradually Becoming the Preferred Offshoring Hub for BPO and ITO

Egypt with a population of about 102 million people has invariably positioned itself to become a major hub of business and technology services to Western companies. Hence, the North African country has become one of the leading business process outsourcing (BPO) and information technology outsourcing (ITO) destinations in the global

Exits.me, Egypt’s Fintech Investment Banking Marketplace Raises $1M Pre-Seed Round

Baseeta Investments Holding

Exits.me, Egypt’s Fintech Investment Banking Marketplace Raises $1M Pre-Seed Round

Exits.me, Egypt’s fintech investment banking marketplace, has raised $1 million in a pre-seed round of funding. The round is funded by Exits.me in the United Kingdom, a group of notable Egyptian angel investors (including Omar Amer, Abdulmuguid Amer, Omar Wagdy, Adham Wagdy, and Ayman Essawy), Baseeta Investments

Chefaa and Neqabty Partner to allow their Customers to Seamlessly Order all their Medicine and pharmacy Needs

Chefaa and Neqabty Partner to allow their Customers to Seamlessly Order all their Medicine and pharmacy Needs

Chefaa, an Egyptian-based healthtech startup, has announced a strategic partnership with Neqabty, a Fintech community-based solution aimed at bridging the gap between syndicates and their members by automating their services and empowering them with various payment solutions via an accessible platform. The partnership provides NEQABTY users with a new way

Amazon to Expand Across Egypt

Amazon to Expand Across Egypt

Amazon Egypt, the Egyptian branch of the world’s leading e-commerce company, Amazon, is ramping up plans to expand its operations throughout Egypt. The plan was revealed during a meeting between Mohamed Abdel Wahab, CEO of the General Authority for Investment and Free Zones (GAFI), and Omar Al-Sahy, Director-General of

Villgro Africa Invites African Health Techs with Innovative Solutions to Apply for $20K Reward, Support

Health Tech Startups

Villgro Africa Invites African Health Techs with Innovative Solutions to Apply for $20K Reward, Support

Villgro Innovations Foundation, an early-stage business incubator and impact investor that provides mentorship, funding, and network access to startups in the healthcare and life sciences sectors across Africa, is inviting health tech startups to apply for funding and support totaling $20,000. With the launch of Villgro Kenya in 2017,

Cameroonian Startup, Mungenow Launches a Verified Guest House-Booking Platform

Cameroonian Startup, Mungenow Launches a Verified Guest House-Booking Platform

Mungenow Technologies, a Cameroonian-based startup, has launched a guest house-booking platform with listings across the Cameroonian cities of Buea, Limbe, Douala, Yaounde, and Kribi, to connect travelers across Cameroon’s major cities and eventually the rest of Africa to find verified, affordable and reliable accommodation during their trip, as well

GroDesto, Algerian Logistics Platform, Raises $1.4M via a Public Offering to Scale

GroDesto, Algerian Logistics Platform, Raises $1.4M via a Public Offering to Scale

GroDesto, an Algerian-based logistics platform has announced its successful raising of $1.4 million through a public offering from 106 frugal subscribers spread throughout the country to become a joint stock company. The startup will use the funds to finance its logistics distribution platform, which consists of a mobile application

MVP Match, a Tech Talent Marketplace, Secures $5M Seed Funding to Build New Hubs in Africa and Europe

MVP Match, a Tech Talent Marketplace, Secures $5M Seed Funding to Build New Hubs in Africa and Europe

MVP Match, a German-based tech talent marketplace, has secured $5 million in seed funding from Stage 2 Capital to expand its strategy of connecting companies with talent from around the world. The startup will use the funds to establish new hubs in Africa and Europe, expand its team, and re-launch

ECC Group Acquires Majority Stake in Source Beauty, Egypt’s Leading Beauty E-Commerce Startup

beauty and personal care startups

ECC Group Acquires Majority Stake in Source Beauty, Egypt’s Leading Beauty E-Commerce Startup

ECC Group, Egypt’s leading beauty and personal care manufacturer, has acquired a majority stake in Source Beauty, Egypt’s foremost beauty startup. The deal provides a significant opportunity for Source Beauty’s clients to benefit from enhanced services such as new product innovation and manufacturing know-how, among other things.

Nigerian Biola Alabi Joins Cairo Angels Syndicate Fund as Venture Partner

Nigerian Biola Alabi Joins Cairo Angels Syndicate Fund as Venture Partner

Biola Alabi, a Nigerian angel investor is joining Cairo Angels Syndicate Fund (CASF), a micro venture capital fund that invests in early-stage startups in the Middle East and Africa, as a Venture Partner. Biola will join the team effective immediately and take the lead on origination, investments, portfolio management, and

OPPO to Establish $20M Mobile Phone Manufacturing Plant in Egypt

OPPO to Establish $20M Mobile Phone Manufacturing Plant in Egypt

OPPO, a leading Chinese mobile phone manufacturer, has signed a Memorandum of Understanding with the Egyptian Information Technology Industry Development Agency (ITIDA) to establish a $20 million mobile phone plant in Egypt. The MoU, which was signed in the presence of Egyptian Prime Minister, Moustafa Madbouly, stated that the plant’

North African Startups Narrowly Missed Out on the Organon and Flat6Labs’ Femtech Accelerator Awards

Femtech Accelerator Program

North African Startups Narrowly Missed Out on the Organon and Flat6Labs’ Femtech Accelerator Awards

The Femtech Accelerator Program, launched in October 2021 during Expo 2020 by Flat6Labs and Organon, a global healthcare company, aims to support female-founded digital health startups across MENA to address unmet women’s healthcare needs has today announced Greece and Lebanese-based Omgyno, Lebanese-based Siira and UAE’S Maternally as the

Huawei-Algeria and Algeria Venture Launch “Huawei Spark” To Support Startups In Algeria

Algeria Venture

Huawei-Algeria and Algeria Venture Launch “Huawei Spark” To Support Startups In Algeria

Huawei-Algeria, a leading Chinese telecommunications company, and Algeria Venture, a public start-up accelerator, have announced the launch of an international program, “Huawei Spark” in Algiers on Monday, September 12, 2022. The program aims to promote and develop start-ups in the North African country. Yacine El-Mahdi Oualid, Minister of Knowledge Economy,

Capiter Founders Calls Sacked "Fake Propaganda" as the E-Commerce Website Remains Shut

Capiter Founders Calls Sacked "Fake Propaganda" as the E-Commerce Website Remains Shut

Capiter, an Egyptian e-commerce startup specializing in retail and FMCG, has dominated discussion since the board recently fired its founders for “inability to fulfill their fiduciary duties over the past week and not reporting to representatives of the Board and shareholders during on-site in-person due diligence meetings for a potential

Egyptian Medical Training Platform, 5 Quarters Raises Undisclosed Seed Funding

Egyptian Medical Training Platform, 5 Quarters Raises Undisclosed Seed Funding

5 Quarters, an Egyptian medical training startup, has announced an undisclosed Seed investment from a Saudi angel investor to fuel its growth in both directions: horizontal growth by expanding its practice into Saudi Arabia, and vertical growth by adding new services to medical professionals, clinics, and hospitals. Mohamed Salah and

Nexford University Receives $8M in Series A Round from Future Africa, Others to Expand

Nexford University Receives $8M in Series A Round from Future Africa, Others to Expand

Nexford University, a next-generation online university platform, has announced a Series A funding round of $8 million to expand into new markets, broaden the Company’s academic offerings, including career pathway programs, and improve its technology infrastructure. The Series A round which comes just a few months after the three-year-old

British International Investment, to Inject $100M into the Egyptian Startups Ecosystem

British International Investment

British International Investment, to Inject $100M into the Egyptian Startups Ecosystem

British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has announced plans to invest $100 million in Egyptian startups throughout its current strategy. The DFI, formerly known as CDC Group, also reaffirmed its commitment to strengthening its partnership with Egypt and increasing climate finance to

Google Shortlist 60 African Tech Startups for its Black Founders Fund cohort II

Black Founders Fund cohort II

Google Shortlist 60 African Tech Startups for its Black Founders Fund cohort II

Google has shortlisted 60 eligible black-founded startups across Africa for its second cohort of Google for Startups Black Founders Fund (BFF) for Africa. The participating startups will receive a total of $4 million in funding and support to help them to scale up their ongoing work. Each of the selected