Egypt

YC-backed Amenli raises $2.3M to provide insurance to Egyptian consumers

The average penetration rate for insurance in Africa is between 3% to 5%. South Africa makes up a large bulk…

3 years ago

Flat6Labs closes $10M seed fund for Tunisian startups

Regional seed and early-stage venture capital firm, Flat6Labs, has finished raising $10 million for its seed fund targeted at Tunisian…

3 years ago

Egyptian startup Capiter raises $33M to expand B2B e-commerce platform across MENA

Funding startups that help manufacturers and sellers distribute products and merchants access them on a single platform keeps increasing across…

3 years ago

Egyptian fintech MNT-Halan lands $120M from Apis Partners, DisrupTech and others

More than 70% of Egypt’s young and fast-growing population of over 100 million is financially underserved, despite mobile penetration exceeding…

3 years ago

UNESCO awards International Literacy Prizes to Innovative Projects Boosting Literacy in Covid Times

The awards will be presented during a virtual International Conference entitled “Literacy for a human-centred recovery: Narrowing the digital divide…

3 years ago

MaxAB extends Series A to $55M, largest ever by an Egyptian startup

MaxAB, an Egyptian eCommerce platform that serves food and grocery retailers, has raised an additional $15M from existing investors bringing…

3 years ago

Egyptian entrepreneurs join global Endeavor network

Mounir Nakhla, co-founder of Egyptian ride-hailing startup Halan, and the three co-founders of mass transit system Swvl have been chosen…

6 years ago