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Middle East and Africa
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Egypt leads the Middle East and North Africa region in the Kearney Global Services Location Index 2021, ranks 15th globally
In the latest Kearney report, dubbed "Global Services Location Index 2021," (GSLI) Egypt scored 5.62 % to retain its leading...
Read moreHomzmart, an Egypt-based marketplace platform, has raised $15 million in a Series A funding round to help it expand
Homzmart, a furniture and home goods marketplace platform in the Middle East, has closed a US$15 million Series A funding round...
Read moreThomson Reuters and Adapt IT have expanded their relationship to prioritize technological agility in Sub-Saharan Africa
Thomson Reuters, a provider of business information services, and Adapt IT, a service provider of specialized software and digitally-led business...
Read moreChangelabs partners with an European Investment Fund to launch Egypt’s first “green” scale-up accelerator
One of the top 10 accelerators in the Middle East, Changelabs, has announced the launch of its leading "Scale Up...
Read moreEgypt’s ITIDA and Webhelp have agreed to invest $12.7 million in the outsourcing industry in Egypt
Egypt's Information Technology Industry Development Agency, ITIDA and Webhelp, a global BPO provider, have agreed to invest EGP 200 million...
Read moreMastercard and Uber Expand Their Partnership throughout the Middle East and Africa to Boost Payment Digitization and Advance Financial Inclusion
Uber has announced that it will expand its long-term relationship with Mastercard in order to accelerate payment digitization and financial...
Read moreMubadala and Abu Dhabi Catalyst Partners invest $150 million in Telegram
Mubadala Investment Company and Abu Dhabi Catalyst Partners invest $150 million in Telegram, a social media platform, in 5-year pre-IPO...
Read morezVendo, Egypt-based e-commerce platform has raised a six-figure seed investment
Egypt-based e-commerce platform zVendo has raised a six-figure Seed funding round from EFG EV Fintech and unidentified angel investors, paving...
Read moreUAE would test cloud busting drones in order to increase rainfall
Cloud busting drones that fly into clouds and shock them with electricity to "cajole" them into generating rain are about...
Read moreEgypt teams up with Thales to develop Artificial Intelligence Applications
Egypt has partnered with the French technology firm Thales to develop artificial intelligence applications in the region. The collaboration with...
Read moreDayra, an Egyptian FinTech firm, receives a $3 million investment, joins Y Combinator’s Winter 2021 batch
Dayra, a Cairo-based fintech company, has entered Y Combinator's Winter 2021 batch and raised the region's largest debt and equity...
Read moreFor 11 million young Africans, the African Publishing Innovation Fund would improve access to education, books, and literacy skills.
The African Publishing Innovation Fund (APIF), a grant initiative co-led by Dubai Cares, a global philanthropic organization headquartered in the...
Read moreThe Big 5
