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ValU, the biggest financial technology services firm in the Middle East and North Africa, and Karm Solar, a multi-utility company that generates and distributes renewable energy, signed a new collaboration agreement.

Egypt-Based ValU Collaborate with Karm Solar

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A seven-figure pre-seed investment deal was secured by Qardy, a digital lending marketplace that allows financial institutions to support MSMEs (Micro, Small, and Medium Enterprises) in Egypt and the MENA region.

[FUNDING NEWS] Egypt-Based Qardy has Secured $7-Figure Pre-Seed Round Funding

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Egypt-based edtech Educatly raised $2.5 million from TLcom Capital and Plus VC. Egypt Venture and HBAN (Ireland) participated in the round. Mohamed ElSonbaty, Abdelrahman Ayman, and Joan Manuel founded Educatly in 2020 to democratise higher education.

[FUNDING NEWS] Egypt-Based Educatly has Raised $2.5 Million in New Round...

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Turkish commercial financing business Tam Finans has been bought by Egyptian fintech MNT-Halan. No transaction terms were disclosed. The transaction's terms were kept a secret.

Egypt-Based MNT-Halan Acquired with Tam Finans

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Egypt's MNT-Halan raised $157.5 million, including $40 million from the International Finance Corporation, and the rest from DPI, Lorax Capital Partners, Apis Partners LLP funds, Lunate, and GB Corp.

[FUNDING NEWS] Egypt-Based MNT-Halan has Secured $157.5 Million in Funding

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Egypt-based furniture e-commerce ventured into Saudi Arabia after an undisclosed fundraising round.

[FUNDING NEWS] Egypt-Based E-Commerce Kemitt Secures Undisclosed Funding

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The signing of four agreements by Egypt's sovereign fund with European developers to spend $33 billion in green ammonia projects is a big milestone for the country's renewable energy sector.

[FUNDING NEWS] Egypt Gets $33 Billion To Fund Projects Using Green...

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Egypt's foremost podcast production firm, Potcast Productions (TPP), is happy to announce the successful completion of its pre-seed funding round with significant investments from Innovative Media Productions (IMP) and famous investor Ahmed Tarek Khalil.

[FUNDING NEWS] Egypt-Based Podcast Production Company (TPP) Secures Pre-Seed Funding

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A USD 100 million private lending platform designed specifically for Egyptian export champions is introduced by Beltone Investment Holding, a well-known financial institution in the Middle East and North Africa and a subsidiary of Beltone Holding.

Beltone Holding Launch USD 100 Million private credit platform tailored...

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Beltone Holding, announces that CI Venture Capital, a wholly-owned subsidiary of Citadel International Holdings, a well-known investment management company with its headquarters in Abu Dhabi, and Beltone Venture Capital have entered into a partnership to manage a $30 million fund.

Egypt-Based Beltone Venture Capital Partners with CI Venture Capital

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