Tag: funding

Kenya, Egypt top Africa in startup funding volume in H1 2023

Startups in Kenya and Egypt were the top recipients of equity funding

Daily News Egypt Daily News Egypt

Non-banking financial firms offer EGP 145bn worth of funding in 1Q 2023

Growth of non-bank financing companies comes as result of high demand from

Fatma Salah Fatma Salah

African, European youths feel there should be more funding for alternative sources of energy, particularly renewables: EIB

Africans and Europeans raised climate change and its consequences, such as food

Daily News Egypt Daily News Egypt

Visa Foundation supports Egyptian micro, small businesses with $250k in funding

Micro, small businesses account for more than 90% of global businesses, and

Shaimaa Raafat Shaimaa Raafat

10 Egyptian startups raise $55.3m in 2021

Four other Egyptian startups have obtained financing of less than $1m, with

Mohamed Alaa El-Din Mohamed Alaa El-Din

Egypt’s FRA allows investment fund management companies to manage margin purchases funding

Total of 64 companies have obtained licence to practice investment funds management

Alyaa Stohy Alyaa Stohy

MSMEDA provides EGP 3.7bn in funding to youth projects during 11M 2020

The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) provided EGP 3.7bn

Hossam Mounir Hossam Mounir

NowPay fintech startup raises $2.1m in seed funding round

The new funds will be deployed to deepen the platform’s capabilities, expand

Daily News Egypt Daily News Egypt

FRA adds funding insurance premiums to consumer finance activities

Decision also includes membership fees for sports clubs

Daily News Egypt Daily News Egypt

Glamera secures 6-figure seed funding

Plans include expansion in Saudi market and further related services on offer

Shaimaa Al-Aees Shaimaa Al-Aees