Flat6Labs Cairo Announces First Closing of EGP100m Fund To Support 100 Egyptian Startups

MENA’S Flat6Labs has closed EGP100m Cairo fund to support over 100 Egyptian early stage-startups over the upcoming five years by providing seed funding of up to EGP 1mn per startup, training, mentorship... Read more »

Accommodation reservation firm Booking.com pleased with its growth trajectory in Africa

Booking.com, the global online accommodation reservation engine run by the Priceline Group is growing steadily in Africa with over 23,700 unique stays despite travel advisories and the continent’s reliance on seasonal wildlife... Read more »

Careem, Egypt’s Uber competitor raises $500 million led by Rakuten & Saudi Telecom

Careem, the ride-hailing service in the Middle East and North Africa has raised $500 million, of which $350 million is co-led by Rakuten and Saudi Telecom Company (“STC”), the largest telecom operator... Read more »

Philips embarks on Cape Town to Cairo roadshow

Philips’ Cape Town to Cairo roadshow is back for the sixth consecutive year! This year too, the roadshow will continue to listen to the markets and focus on advancing healthcare and energy... Read more »

Vodafone Egypt Partners With Ericsson To Boost Network Quality In Cairo

In the drive to enhance and deliver network field maintenance services and improve network quality in Cairo, Egypt, Ericsson has for the first time signed a three year services agreement with Vodafone Egypt.... Read more »

Cairo’s Etsy, CIRQY.com Launches In The Middle East To Help Art Lovers Discover Fresh Local Designs

Founded in Cairo last year by Mostafa Talaat and Kareem El-Shaffei and armed with a $12k Seed funding, the Flat6labs alumni, CIRQY.com, a social marketplace for discovering freshly-made local design has launched... Read more »