Egypt has laid the foundation stone for two logistic and commercial zones in the governorate of Kafr El-Sheikh with investments...

Egypt fashion e-commerce platform, TFK acquires OPIO, a direct-to-consumer (D2C) fashion brand, aiming at boosting local branding through an all-in-one new fashion...

Global angel investment group Acasia Angels joined the US$750,000 seed investment round in London-based micro-sensor startup Precision Cardiovascular (‘Precision’), aiming...

The Morocco-based logistics startup Colis.ma announced it secured US$50,000 from Kenya accelerator The Baobab Network, an African tech accelerator, according to...

The UAE’s AD Ports Group announced it will invest US$501 million to manage and operate a multipurpose port in Congo after it won a 30-year concession,...

Investment and impact platform Acasia Group announced the new appointment of Ranya Saadawi as its CEO to oversee the operations and activities of the...

InstaShop, a leading online marketplace for supermarkets, pharmacies, and pet shops in the Middle East, announced its acquisition of GroCart, a B2B wholesale marketplace service. The...

Saudi Venture Capital (SVC) announced an investment worth US$30 million in Bedaya, an early-stage venture capital. Bedaya Fund II, managed by Shorooq...

Egypt has recently announced a tax exemption for startups for five years. President Abdul Fattah El Sisi announced the statement...

Egypt-based private equity firm B Investments Holding’s (BINV) board of directors approved acquiring a minimum of 51 per cent and up to a...