Egypt
Finance
Path to profitability key in Egyptian VC Beltone's deployment strategy
Egypt-based Beltone Venture Capital (BVC), which is a subsidiary of Beltone Holding and is currently deploying capital from two investment ......
TMT
MENA Digest: Egyptian startup OneOrder, Saudi SaaS firm Merit lead funding
Dealmaking in the Middle East and North Africa region during the week was propelled by high-value, growth-stage fundraises by tech-led ......
TMT
Egyptian investment bank EFG Hermes buys minority stake in fintech platform
EFG Hermes, the investment banking arm of Egypt’s largest financial institution EFG Holdings, acquired a minority stake in a Danish ......
Finance
MENA Digest: Egyptian startups lead funding activity
Egyptian fintech startups Swypex and MNZL led funding activities in the Middle East and North Africa region,, even as overall ......
People
PE firm Admaius Capital expands leadership team with focus on Egypt
Admaius Capital Partners, a Rwanda-based private equity firm with a pan-Africa focus, expanded its leadership team by appointing a fourth ......
Economy
Egypt's net foreign assets deficit declines for second month in a row
Egypt's net foreign assets (NFAs) deficit shrank $17.8 billion in March, its second month of decline, central bank data showed, ......
TMT
MENA Digest: DXWand, Crysp Farms, Karty, Crealo secure funding
Egyptian artificial intelligence startup DXWand led dealmaking in the Middle East and North Africa region this week. It raised growth ......
Healthcare
Egyptian PE firm Ezdehar strikes second bet in a week
Egyptian mid-market focussed private equity firm Ezdehar, which hit the final close of its latest vehicle in 2022 with an ......
Consumer
Egyptian PE firm Ezdehar strikes control deal for apparel retailer
Egyptian private equity firm Ezdehar, which invests in mid-market businesses, has acquired a majority stake in a Cairo-based apparel company, ......
TMT
Flashback 2023: How startup dealmaking panned out across the MENA region
The Middle East and North Africa (MENA) region has recorded a surge in startup activity over the last few years ......
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