The Egypt-based online platform 'Masr Afdal' has already made its way into advancing and exporting Egyptian-made products to the worldwide market along with other plans. The founder and Egyptian business visionary Hamed El Ghool plans on putting Egypt on the worldwide online business map by interfacing with the local...
Gazal was founded and established back in 2020 with a goal to help innovate, improve and redesign the entire future of transportation in GCC and the KSA region. Their aim is to use it for short-distance travel and innovate the use of sustainable and healthier alternatives for the transportation...
Only as a side project of the Milken-Motsepe Innovation Prize program, a multi-year procedure to channel enterprising personalities and financial backers towards creating various innovative solutions with a focus on Africa, the agri-tech prize is currently accepting applications. The Milken-Motsepe Prize is a worldwide competitive program for providing solutions...
Sprout FZCO, is a company founded by biochemist Oz Erbas and marketing technologist Katerina Papatryfon, the major aim is to usher in a new age of kids' food production focused on science and health improvement. Sprout foods are made entirely of whole plants and heavily rely on locally sourced...
Egypt-based Contactcars, the lead automotive marketplace has announced their acquisition of Sa4ar Technology Solutions which is known for providing car valuation technology and a dealer-specific auction platform.
Contactcars.com is a subsidiary of Contact Financial Holing and they’ve been constantly evolving and looking for new opportunities to arise which will provide...
Sawari Ventures has closed their startups in their Egyptian-focused fund with about new commitments of $28M which roughly 440M in EGP. The commitments were from Kuwait Investment Authority’s Ekuity, Banque Misr, Suez Canal Bank, Misr Insurance Group, National Bank of Egypt, and Banque du Caire. In the previous round,...
It was announced by the popular Pakistan-based Sarmayacar VC that it has helped dispatch their shipping marketplace center TruckSher. The VC firm didn't unveil the size of capital it has infused into the startup. It didn't share the specific insights concerning how much stake it possesses in TruckSher however...
The AFD also known as the French Agency for Development has managed to secure roughly about EUR 50 million which is roughly a $58.7M credit line for MSMEDA also known as Micro, Small, and Medium Enterprises Development Agency. Their aim is to promote women’s entrepreneurship across Egypt and that’s...
KSA’s DIGGIPACKS was founded by Amin Al-Atrash and Hasan Jabarti back in 2020. Amin Al-Atrash is already popular for several things with experience in logistics for 20 years along with last-mile, cold-chain, and even fulfillment sectors. He’s been having a goal to make a footprint within the same industry...
Saudi Arabia-based insurance as a help (IaaS) stage that Eltizam has raised SAR2.5M which is roughly $666K through the crowdfunding platform ‘scopeer’. Established by Hani Al Malki (CEO) and Khaled Al Ahmadi (CTO), Eltizam hopes to digitize the nearby insurance business industry AI innovation. It offers insurance-related items crossing...
