Egyptian e-Commerce Startup, el-dokan Secures $550,000 Pre-seed Round

Egyptian e-Commerce Startup, el-dokan Secures $550,000 Pre-seed Round

A collection of local and regional investors, including EFG EV and Flat6Labs, 500 Global, and Hala Ventures, led a $550,000 pre-Seed round of funding for the Egypt-based enterprise e-commerce solutions startup el-dokan. Every retailer’s business strategy today includes e-commerce, and platforms and technology providers are vying to offer merchants the finest tools possible to help…

UN Makes Open Call for Climate Tech Innovators in MENA

UN Makes Open Call for Climate Tech Innovators in MENA

Young innovators in the Middle East and North Africa (MENA) who are developing climate technology solutions have been invited by the Youth Climate Innovation Labs to participate in a three-day launchpad. The top projects will receive a 6–8 week Climate Innovation Academy Programme to help them develop their businesses. The Youth Climate Innovation Lab is…

Eksab receives $3 million to expand its fantasy football platform across MENA and Africa.

Eksab receives $3 million to expand its fantasy football platform across MENA and Africa.

Football, or soccer as it is known in the United States, is the most popular and watched sport in the world, with over five billion football fans, according to FIFA, the sport’s governing body. While the World Cup, football’s pinnacle event and arguably the world’s most popular sporting event, displays the sport’s popularity in full…

Egypt among top three in MENA regions with highest startup investment rates
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Egypt among top three in MENA regions with highest startup investment rates

MAGNiTT has announced the launch of its first quarter of 2021 reports, which shows Egypt among the top three in MENA regions with the highest startup investment rates. MAGNiTT has announced the launch of its first quarter of 2021 reports, which cuts across the eCommerce, food and beverage, fintech, delivery and logistics, and healthcare sectors….