TechCrunch

DECEMBER 9, 2021

But in countries such as South Africa and Egypt, there is a newfound surge in demand for such services. For a week, it exclusively partnered with Tradeline, the largest reseller of the iPhone 13 in Egypt, so customers could only buy the phone online or offline via Sympl. Sympl’s launch in October was strategic. Saudi Arabia. . “It

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TechCrunch

JULY 25, 2022

Cartona , one of the major players digitizing the traditional trade market, including mom-and-pop stores, FMCG producers, wholesalers, and distributors in Egypt, has raised $12 million in Series A funding. We plan to cover all the cities in Egypt, focus a lot on technology and product.”. Jordan and U.S.-based Image Credits: Cartona.

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TechCrunch

SEPTEMBER 8, 2021

Over 70% of Egypt’s young and fast-growing population of over 100 million is financially underserved despite mobile penetration exceeding 90%. One such fintech is MNT-Halan , and today, the company which describes itself as “Egypt’s leading fintech ecosystem” is announcing that it has closed a $120 million investment.

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TechCrunch

DECEMBER 30, 2021

More experienced founders exist and specific markets, particularly in the Big Four (Nigeria, South Africa, Egypt and Kenya), show a mix of matured but still open-for-disruption traits. Nigeria became the unicorn capital; Egypt, a powerhouse. Egypt also has bragging rights in producing the first SPAC deal on the continent.

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TechCrunch

SEPTEMBER 4, 2023

The mistakes range from strange and innocuous — like claiming that the Golden Gate Bridge was transported across Egypt in 2016 — to highly problematic, even dangerous. Large language models (LLMs) like OpenAI’s ChatGPT all suffer from the same problem: they make stuff up.

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TechCrunch

AUGUST 22, 2021

Egypt and Dubai-based auto tech startup Odiggo is a platform addressing this problem. Over 50,000 car owners across three markets — Egypt, the UAE and Saudi Arabia — use Odiggo. Servicing one’s car personally is a time-consuming, expensive and painstaking process. We believe we are at a watershed moment.

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TechCrunch

MAY 17, 2021

Egypt has a population of over 100 million people. But despite its youthful population, two out of every three individuals are currently unbanked in Egypt. Before Telda, Sabbah was the co-founder and CTO of Egypt’s ride-hailing company Swvl , and Sholqamy, a former senior engineer in Uber’s infrastructure team.

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TechCrunch

MAY 10, 2022

Mylerz , a Cairo-based e-commerce fulfillment startup, plans to enter three new markets in North Africa and expand across Egypt over the next three months against the backdrop of the $9.6 Our immediate plan is expanding across Egypt, opening new markets and facilitating cross-border trade for our customers.

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TechCrunch

DECEMBER 4, 2023

million in pre-seed investment led by Egypt-focused venture capital firm Algebra Ventures. Egyptian online auto parts marketplace Mtor has raised $2.8 Other investors that participated in the round include Dutch Founders Fund (DFF), Aditum Ventures, LoftyInc Capital and other local and global angel investors, the startup said in a statement.

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TechCrunch

MAY 17, 2021

Egypt, one of the most active e-commerce countries in the region, is anticipated to grow 33% annually to reach $3 billion by 2022. Bosta is one such company in Egypt helping small businesses with logistics and last-mile delivery. Lynks, the first YC-backed company from Egypt, allows people in Egypt to buy brands from the U.S.,

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TechNode

JANUARY 17, 2025

Chinese automaker Geely has opened its first completely knocked down (CKD) factory in Africa and the Middle East, with plans to produce up to 30,000 vehicles annually within the next three years, according to local media outlet Egypt Today. Egypt Today, Xinhua, in Chinese] [ Egypt Today , Xinhua , in Chinese]

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TechCrunch

NOVEMBER 3, 2021

And Egypt, buoyed by a young and growing population, is a big market across both regions. Breadfast currently serves 170,000 households in Egypt with more than 2,500 supermarket items. Amin said the company is targeting to deliver 6 million orders in Egypt in the next 12 months. this past year.

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TechCrunch

MAY 18, 2021

Egypt’s Homzmart is one such, and today the company is announcing it has closed its $15 million Series A investment. The furniture industry in Egypt has been historically characterized by poor accessibility for consumers. Mohamed is also a Jumia alumnus and was part of the logistics development and expansion team in Egypt. .

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Futurism

FEBRUARY 20, 2025

As the BBC reports , the team discovered the tomb of King Thutmose II in the Western valleys of the Theban Necropolis, near Luxor, Egypt. "It It is an extraordinary moment for Egyptology and the broader understanding of our shared human story," said Egypt's minister of tourism and antiquities Sherif Fathy in a statement.

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TechCrunch

DECEMBER 5, 2022

The startup plans to use the funding to scale its operations in Egypt including increasing its warehouse footprint, and to explore growth opportunities within the Gulf Cooperation Council (GCC) region, and Africa. “We before settling in Egypt from 2008. We are exploring Saudi Arabia and expanding south into our continent.

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Beneblog: Technology Meets Society

NOVEMBER 16, 2005

A tech guy from Egypt was the standout moment for me so far. I was attending a session organized by the library association, IFLA, and he got up and talked about how Egypt does not have a culture of reading. His point was the 5 million Internet users in Egypt are the people who do read.

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TechCrunch

MAY 23, 2022

Egypt is home to one of Africa’s largest vehicle fleets, with over 6 million cars (80% are passenger cars) on its roads. But t he used cars market isn’t only enormous in Egypt; it is in almost every country with a large population globally. Popular car models in Egypt cost about $15,000 on average.

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TechCrunch

MARCH 31, 2022

In a country where 50% of its 100 million people are active smartphone users, two out of every three individuals have little or no access to formal financial services in Egypt. . Similar providers in Egypt include Telda and Sympl. “We Lendable, an emerging markets lender, provided the company’s debt financing.

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Amy Sample Ward

SEPTEMBER 19, 2011

The Revolutions Were Tweeted: Visualizing Prominent Information Flows during the Tunisia and Egypt Revolutions – This is a very cool visualization from danah boyd pulling together twitter accounts and displaying tweets, reactions, and much more.

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TechCrunch

OCTOBER 5, 2021

South Africa makes up a large bulk of it; without it, the continent is on a 1% to 2% rate even with other developed technology and financial markets like Kenya, Nigeria and Egypt. Founded by Shady El Tohfa , Omar Ezz El Din and Adham Nauman in 2020, Amenli addresses a $2 billion untapped insurance market in Egypt.

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TechCrunch

OCTOBER 19, 2021

And today, it is announcing the close of a $2 million funding round to scale across Egypt. According to Mohamed Emera, the company’s director of growth, ILLA is targeting the FMCG logistics head-on, which speaks to the company’s focus on disrupting the market in Egypt.

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TechCrunch

AUGUST 23, 2021

Last year, OPay expanded to Egypt, and according to the company, that’s an entry point to the Middle East market.

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TechCrunch

JULY 28, 2021

The trio started the company as a bus-hailing service in Egypt and other ride-sharing services in emerging markets with fragmented public transportation. After its Egypt launch, Swvl expanded to Kenya, Pakistan, Jordan and Saudi Arabia. The deal will see Swvl valued at roughly $1.5 The company will aptly trade under the ticker SWVL.

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TechCrunch

NOVEMBER 3, 2021

Appetito wants to tackle the inefficiencies in the FMCG supply chain in Egypt, CEO Shehab Mokhtar told TechCrunch in an interview. Egypt, home to more than 100 million people, has a retail FMCG market size of about $50 billion and, similar to other African countries, is highly fragmented and inefficient.

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TechCrunch

FEBRUARY 15, 2022

The new payment option is set to encourage shoppers to transact online because Egypt is currently a predominantly cash-on-delivery market, which El-Said said is a “costly operation for merchants.”. Contact is said to be among the first financial services platforms to introduce advanced credit scoring and collection mechanisms in Egypt. “We

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TechCrunch

MARCH 8, 2021

Koinz is one such startup in Egypt. Founded in 2018 by Hussein Momtaz , Ahmed Said , and Abdullah Al Khalidi , Koinz set out to solve two major problems in Egypt’s food aggregation industry. Since launching in Egypt, Koinz has expanded to Saudi Arabia and the UAE. million seed round.

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TechCrunch

SEPTEMBER 15, 2022

The plan to grow its reach follows the launch of a new hub in Egypt that MVP Match will use to tap talent in Africa — with the aim of creating more networks in the region. We see entering Egypt as the first step in our exciting journey to bring the entire continent into the global talent pool.

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TechCrunch

OCTOBER 12, 2022

Its first market, Egypt, is one of the highest consumer spending markets in Africa. When Sabbah spoke with TechCrunch last year, he said Telda had obtained a license from Egypt’s apex bank, the Central Bank of Egypt (CBE) under its new regulations, allowing the company to issue cards and onboard customers digitally.

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TechCrunch

SEPTEMBER 10, 2022

Other companies include OPay Egypt, elmenus, ExpandCart and Brimore. Before Capiter, Mahmoud was the co-founder and COO of Egypt-born and Dubai-based ride-hailing company SWVL (the company, which went public via a SPAC deal last year, laid off 32% of its staff this May).

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TechCrunch

FEBRUARY 8, 2022

Nigeria and South Africa are in the top two; Egypt and Kenya switch. The publication didn’t give specific numbers this time, but it said Nigeria, South Africa, Kenya, and Egypt received the most investments in that order. Partech : Its 2020 report had Nigeria on top, with Kenya, Egypt and South Africa rounding up the top four.

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TechCrunch

OCTOBER 19, 2022

Last year, MaxAB , the food and grocery B2B e-commerce and distribution platform serving a network of traditional retailers across Egypt and Morocco, raised its $55 million Series A in two tranches ; the latter accompanied its acquisition of the Morocco-based and YC-backed WaysToCap. For MaxAB, that’s its sweet spot.

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TechCrunch

NOVEMBER 15, 2021

Founded in late 2019, the startup has expanded from Jordan into Egypt and Pakistan. ” Its competitors include offline tutoring centers as well as Noon Academy (a Saudi-based social learning platform); EdKasa (a Pakistan-based test prep app); and Ashtar (an Egypt-based learning app).

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TechCrunch

SEPTEMBER 13, 2021

Many of the manufacturers in Egypt today do not have the right infrastructure of the supply chain in place to reach merchants. Capiter partners with local banks in Egypt and the Central Bank to perform this. “We want to serve every single SME in the MENA region and expanding inside Egypt and globally.”

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Beth's Blog: How Nonprofits Can Use Social Media

JANUARY 29, 2011

From Crisis Mapping Egypt: Collection of Maps. The New York Times reported on the use of social media and protests suggesting that Egypt’s government was afraid of the power of social networking tools. The #jan25 Twitter hashtag also has examples of the State Department’s Arab Twitter Diplomacy.

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TechCrunch

MARCH 3, 2021

Today, Flextock , one such company providing this service to businesses and consumers in Egypt, is announcing that it is part of Y Combinator’s Winter 2021 batch. Flextock doesn’t own any delivery vehicles, so to achieve this, the company partners with existing logistics companies in Egypt. Image Credits: Flextock.

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TechCrunch

FEBRUARY 11, 2021

Egypt came third with its startups raising $269 million, while $259 million flowed into South African startups. million; Egypt came a close fourth with $141.4 The countries remained unchanged on Partech’s top five as Nigeria remained the VC’s top destination with $307 million. Funding raised by Kenyan startups reached $191.4

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TechCrunch

APRIL 12, 2022

Pylon currently operates in Egypt and the Philippines. In 2016, he found a gap in the market for solutions tailored to the needs of water and electricity distributors in Egypt and other emerging markets. They serve more than 1 million metering endpoints across 26 separate meter models in Egypt and the Philippines. government.

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