African tech giants - Wasoko and MaxAB - complete landmark merger
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Wasoko, a Kenyan-based e-commerce company, and Egypt’s MaxAB have finally sealed their much-anticipated merger. This merger, which was first announced in December…
Egyptian HRTech startup - bluworks - raises $1m to streamline blue-collar workforce management
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Bluworks, an Egypt-based human resources technology (HRTech) startup, has secured $1 million in its pre-seed funding round. The investment was led by…
Egyptian edTech startup - Sprints - raises $3m to expand its offerings
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Sprints, an Egyptian edtech company leveraging AI to bridge the tech talent gap, has secured $3 million in a bridge funding round…
Understanding the Dynamics: Why Africa's Largest GDP Markets Garner More Investment
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Investment trends across African markets often highlight a notable phenomenon: countries with larger Gross Domestic Products (GDPs), namely Nigeria, Kenya, Egypt, and…
Egyptian fintech - Flash - secures $6 million to expand cashless payments
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Flash, an Egypt-based fintech startup, has raised $6 million in its seed funding round, led by Addition, a venture capital firm headed…
Egyptian fintech startup, Money Fellows, raises $31 million in series B funding
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Mellow Fellows, a fintech company based in Egypt, has completed the first stage of its series B funding round, raising $31 million….
Egypt's MaxAB raises $40 million in its pre-series B funding round
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Egyptian B2B e-commerce and distribution platform, MaxAB, has raised $40 million in its pre-series B funding round. MaxAB said there are about…
Egyptian startup - Flapkap - raises $3.6 million; plans financing for small businesses
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Flapkap, a fintech startup based in Egypt, has raised $3.6 million in seed funding from investors such as QED, Nclude, A15, and…
Egypt's SubsBase raises $2.4 million in its seed funding round
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SubsBase, an Egypt-based startup that help businesses manage their books and business operations (such as invoicing, payments, and notifications), has raised $2.4…