In a landmark agreement, Orange Middle East and Africa (OMEA) and Mastercard have announced a strategic partnership aimed at enhancing financial accessibility across Sub-Saharan Africa. This significant collaboration will enable millions of Orange Money wallet holders to make digital payments with Mastercard’s extensive global network of merchants by 2025. The initiative is set to launch in seven countries initially: […]
October 29, 2024 – Vezeeta, the Middle East and Africa’s leading online doctor booking and clinic management platform, has announced the launch of “Vezeeta Lab,” a strategic creative hub designed to foster new opportunities, expand services, and boost regional growth across Egypt and Gulf nations, including Saudi Arabia and the UAE. This new hub will […]
Doha, Qatar – Pass, Qatar’s leading tech-driven logistics startup, has successfully raised more than 10 million Qatari riyals in its latest investment round, marking a significant milestone as it ramps up its regional expansion. The fresh funding will empower Pass to accelerate development of advanced logistics solutions and improve fast, reliable delivery services, ultimately enhancing the daily […]
Pargo Expands to Egypt, Launches ‘Collect and Return’ Service at Over 500 Points October 2024 — South Africa’s leading e-commerce logistics company, Pargo, has announced its expansion into Egypt with the official launch of its Collect and Return service, available across 500 Pargo Points. These collection points, established in partnership with local outlets like Fawry, […]
Zoho Corp Reports 33% Revenue Growth and Strengthens Partnership with Fawry to Drive Egypt’s Digital Economy October 24, 2024 – Cairo, Egypt: Zoho Corp., a leading global technology company, has announced a 33% increase in revenue and a 23% growth in its channel partner network in Egypt since 2023. The announcement was made during Zoholics […]
In a strategic move to enhance digital payment solutions across the Middle East, Turkey, and Africa (META), tpay Mobile has announced a groundbreaking partnership with Geidea, a leading payment solutions provider. This collaboration aims to bring a comprehensive range of payment options to merchants, further advancing financial accessibility in the region. The partnership integrates Direct Carrier Billing (DCB), […]
Dubai, UAE, 22 October 2024 – MultiBank.io, the cryptocurrency exchange arm of MultiBank Group, the world’s largest financial derivatives institution headquartered in Dubai, today announced the appointment of Ryan Kim as CEO of MultiBank.io. Kim will oversee the global expansion of the exchange, focusing on scaling its derivatives-driven operations. A former Wall Street FX options […]
October 22, 2024 — Cairo Kredit, a leading finance company focused on small and medium enterprises (SMEs) and affiliated with the GB Capital Group, has announced the successful acquisition of 100 million EGP in funding from Banque du Caire. This new injection of capital is set to fuel the growth of SMEs in Egypt, a […]
October 22, 2024 — Cairo, Egypt: Raya Foods, a leading player in Egypt’s food manufacturing industry, has announced a major investment of $40 million, led by Helios Investment Partners, one of Africa’s largest private equity firms with $3 billion in assets under management. This significant funding is part of Raya Foods’ broader strategy to bolster […]
In a significant move to strengthen its partnership base and support vital economic sectors, Suez Canal Bank has signed a credit facilities contract worth EGP 1.2 billion with Madkour Projects Company. This collaboration aims to provide innovative and flexible financing solutions to various institutions, enabling them to expand their operations and achieve strategic objectives. Signing […]