Sawari Ventures to launch $150 million fund to back Egyptian startups
Egypt-based venture capital (VC) firm Sawari Ventures intends to launch a $150 million fund to back Egyptian startups. According to...
Source: wamda.com
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Three Egyptian startups win $10,000 grants from She's Next competition
Three Egyptian startups have each been awarded $10,000 after ranking in the top positions in the second edition of She’s Next...
Source: wamda.com
Norrsken22's debut fund closes at $205M to back growth-stage startups in Africa
Norrsken22 receives support from unicorn founders and institutional investors to address gap in growth-stage tech funding in Africa.
Source: techcrunch.com
Shorooq announces strategic foray into semiconductor sector
Shorooq Partners, a leading tech investor in the region, has announced its foray into the world of semiconductor innovation with a strategic investment in Egypt-based Pearl Semiconductor, a specialist in Timing Integrated Circuits and Reference Clocks.
Source: tradearabia.com
Saudi Arabia's magnetic pull: should Egypt be concerned about startup migration?
Last month, Egyptian business tycoon Samih Sawiris announced that he would halt all new investments in Egypt and will instead shift his...
Source: wamda.com