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
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
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
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
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
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.
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
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
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,
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
Endure Capital, an Egyptian-based early-stage investment fund, has completed the first close of its new $50 million fund from British International Investment (BII) – the UK’s Development Finance Institution and
Egypt is launching a new “pre-IPO” fund to provide financial support to businesses in their quest to get listed on the Egyptian stock exchange. This was revealed by the Minister
