In 2024, Egypt solidified its position as a leader in Africa’s startup ecosystem, capturing more than a third of the continent’s total venture capital funding. Despite a challenging investment climate globally, Egypt stood out, demonstrating its resilience and importance as a hub for innovation and economic growth. Egypt Dominates Africa’s Startup Funding According to Magnitt‘s […]
Currently, in its pre-launch phase, the startup has processed over EGP 50 million in transactions during testing. This success has fueled investor confidence, leading to a $2 million pre-seed funding round.
Hello Africa! Today, we bring you news from Egypt. Prominent consumer credit fintech company, Lucky ONE, based in Cairo, has announced that it has successfully raised $3 million in a convertible note. This development will help the company reach profitability by Q12025 and expand its credit lending services to a wider audience in Egypt. Existing […]
In one sentence, Minly offers an online celebrity engagement platform. It makes use of mobile and web technologies to provide the essentials for content creators and celebrities of all kinds to connect with audiences. Minly makes impossible connections possible. Minly is headquartered in Cairo, Al Qahirah, Egypt. Aimed at bridging the gap between celebrities and […]
Cartona is an Egyptian tech startup company, a B2B platform that connects retailers to manufacturers and wholesalers. Recognizing the potential to improve productivity and reduce resource waste, Mahmoud Talaat, along with Mahmoud Abdel-Fattah Moursy and Rafik Zaher, founded Cartona in August 2020. Cartona is a B2B e-commerce marketplace that focuses on solving supply chain and […]
