Business

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Egyptian food-tech startup Mumm raises pre-Series A funding from Alex Angels

Egyptian food-tech startup Mumm has closed a pre-Series A bridge funding round from Alexandria Angels to maintain its growth during…

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Alex Angels launches ~$6 million early-stage fund to back Egyptian startups

Alexandria Angels (more commonly known as Alex Angels), the angel network from Egypt, has launched Alex Angels Fund, a $6.3…

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Working from home safely and securely: Cyber security

With more people working from home now than at any other time in recent history, cybersecurity threats are increasing. Cybersecurity…

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Nigerian fintech Okra nets $1m investment from TLcom

Nigerian fintech platform Okra has secured a $1-million pre-seed investment from Nairobi and London based venture capital (VC) firm TLcom Capital. Okra, which…

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Daily Digest Monday, Apr. 27, 2020

Funding in other emerging markets Facebook Invests US$5.7 Billion In Indian Telecoms Company Tech companies have an interesting relationship with…

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Egypt lender buys Mayfair Bank stake for Sh3.7bn

Egypt lender buys Mayfair Bank stake for Sh3.7bn Egypt’s largest private lender, Commercial International Bank (CIB), will inject Sh3.7 billion…

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Transmara Sugar plans Sh4.7 billion electricity plant

Transmara Sugar Company plans to produce 25 megawatt (MW) of electricity at its Kilgoris factory for which it is negotiating…

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Facebook Invests US$5.7 Billion In Indian Telecoms Company

Tech companies have an interesting relationship with India. The country’s cheap data has meant that for smartphone manufacturers – getting…

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Jimi Ogbobine: Profile

Who is Jimi? Jimi Ogbobine is the Head of Consulting in Agusto Consulting and also heads the Research of Agusto…

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Guest Writer: Pandemic Lockdown Unlocks Mobile and e-Banking Opportunities – The Case for FinTechs

It is quite ironic that the lockdown of several parts of the country aimed at controlling the spread of the…

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