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Payments through Klickit exceed EGP 100 million to more than 120 educational entities Education Payment Hub is a web-based solution tailored specifically for the education sector’s payments management needs whether large or small, such as tuition or activity fees. The online solution – which is the first of its kind in the market – is […]
...And Increases Cash Offering For Startups Flat6Labs, a regional Seed Program and Fund, announced today the second close and increase of its Egypt fund from EGP50 million to EGP207 million, to support Egyptian early-stage startups. Flat6Labs has also announced that it’s raising its cash seed offering for its Cairo Seed Program to up to EGP1.5M, […]
...Sawari Ventures announced the closing of the Egypt based fund with total commitments of USD 30 Million from Misr Insurance Group, Ekuity, National Bank of Egypt, Banque Misr, Banque du Caire, and Suez Canal Bank. The fund previously closed USD 41 million of raised investments from European Investment Bank, CDC , Proparco, Dutch Good Growth […]
...With EGP 30 million in investments, over USD 100 million in customer sales across the GCC and Egypt, saving restaurants USD 15 million worth of commissions. Zyda, the rising e-commerce platform provider, has announced its expansion into the Egyptian market. With investments of over USD 2 million, equating to over EGP 30 million, Zyda is […]
...Emirati independent power producer (IPP) Amea Power is to increase the capacity of the Kom Ombo solar photovoltaic power plant by 300 MWp. The facility, to be built by Abydos Solar Power Company (ASPC) in the governorate of Aswan, Egypt, was originally planned to have a capacity of 200 MWp. It will eventually be a […]
...Sub-Saharan Africa has an infrastructure gap of more than $40 billion. As noted by U.S. President Barack Obama in the announcement of his Power Africa project recently, this gap is most notable in the power sector. The power sector accounts for nearly 60 percent of the spending deficit, and more than half of sub-Saharan Africa’s population […]
...Nourhan Refaat Maayouf has always had a penchant for storytelling through art. At a young age, she started expressing herself through drawing, before developing a passion for photography. As her love for taking photos grew, the 26-year-old Egyptian artist taught herself the craft, placing special focus on staged photography and storytelling. Since pursuing a career […]
...The Venice Biennale is undoubtedly a major international event in the world of contemporary art. The event is organized by artists, with artists and for artists. The 57th exhibition runs until November 22nd, with the participation of over 120 artists to be discovered all over the world, with 103 artists having never been showcased in Venice, including ambassadors of […]
...Historically, thoughts of Egypt conjure up images of the Ancient World – from the Pharaohs and pyramids, to the north-flowing Nile. The allure is securely steeped in its rich culture and history. It’s the reason why, for decades, thousands have trekked to the North African country. It’s also why Lonely Planet included it in their list of where […]
...To meet its soaring demand for energy, Egypt is turning to renewable sources. Its targets, if accomplished, will see it become a pioneer in the African energy landscape. But are the plans realistic? Egypt’s population has now passed 100 million. As one of the most populous and fastest-growing nations on the African continent, providing electricity […]
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