Egyptian AI-powered ed-tech startup, Sprints, has announced raising $3 million bridge round of funding to help it scale up its platform with the aim of “redefining...
Over the past week, there were many important stories from around the African continent, and we served you some of the most topical ones. Here is...
Egyptian digital healthcare marketplace, Pharmacy Marts, has announced raising a six-figure US dollar bridge round from early-stage venture capital firm, Acasia Ventures, to enable it boost...
Egypt’s minister of finance, Mohamed Mait, said that the country’s 2024–2025 budget will include $2.66 billion for wheat subsidies and $3.13 billion for petroleum product subsidies....
The World Bank Group on Monday announced that it planned to give Egypt, which has been suffering from a foreign exchange crisis that has delayed economic...
Following Washington’s objection to a military incursion into the southern Gaza city of Rafah on its border with Egypt, Egypt’s foreign minister argued on Monday that...
Egypt’s finance minister has revealed that the country has made significant progress in reducing its budget deficit by agreeing to an IMF support package and selling...
After a protracted break, foreign investors have started buying Egyptian Treasury bills again, according to three bankers. The central bank’s data revealed that local currency one-year...
Hours after the central bank unhinged its currency and raised interest rates by 600 basis points in an effort to stabilise the economy, Egypt struck a...
The International Monetary Fund (IMF) has reported that talks to expand Egypt’s loan programme are going well. The IMF stated that Egypt needed a “very comprehensive...