IT-Telecom News
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Vodafone agrees to transfer its 55% interest in Vodafone Egypt to Vodacom
The remaining 20% of the Purchase Consideration (€473 million) will be settled in cash.
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Egypt launches site for investors to apply for ‘golden license’
Two types of businesses are eligible, those who contribute to sustainable development and those who establish partner up public and private sectors.
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Dentacarts dental platform aims to close a $10m funding round in 2023
DentaCarts is considered the first Egyptian platform specialised in e-commerce for the sale of medical devices and tools in the field of dentistry.
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Restaurant management platform OneOrder secures $3 million seed round
Today’s announcement brings the company’s total investment to $10.5M, following an initial $1M pre-Seed investment.
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Cloud4C sets up new in-country cloud data center in Egypt
The new in-country cloud data center in the Arab Republic of Egypt in collaboration with Telecom Egypt, the country's primary telecom provider.
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Brito, Egyptian cloud kitchen, raises $1.25 million to scale across Egypt
Brito Cloud Kitchens owns and operates a series of smartly distributed, and fully operated Cloud Kitchens all over Egypt.
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Egypt’s SideUp raises $1.2M to grow its e-commerce support platform
Egypt’s Voo has rebranded to SideUp and transformed its strategy to offer a complete spectrum of e-commerce support services.
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Middle East startups on a fund-raising spree
The UAE-based fintech startup Qashio raised $10 million in a seed funding round using equity and non-equity investments.
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ECEA will increase investments in the AI and IT industries in Egypt
Maait referred to the ECEA as a brand-new forum for a productive and long-lasting relationship between the Chinese and Egyptian business communities.
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CBE grants preliminary approval to launch prepaid card Takka
Receiving CBE’s preliminary approval to launch Takka reflects confidence in ADIB-Egypt and ADI-Consumer Finance’s compelling brand portfolio.
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Submarine cable damage brings internet pain to Asia, Africa
The cable is 20,000km in length and can carry 12.2Tb per fibre pair – of which there are four from Egypt to France and three for the rest of the span.
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500 Global COO Courtney Powell views Egypt as strong market for new start-ups
The global investor has joined up with Egyptian government to start programmes that will support about 200 start-ups and 60 accelerators.
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OutSystems introduces AI Mentor System
This enhanced solution gives a comprehensive set of AI-based development, security, and quality analysis tools that provide expert-level assistance.
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TotalEnergies Marketing Egypt and valU partner
Customers will benefit from valU payment solutions, on all the products and services offered at TotalEnergies’ stations in Egypt.
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Vodacom to roll out Alibaba Super App to new Egypt market
The Johannesburg-based company has received approvals to buy the Egypt business from its parent, Vodafone Group, for $2.7 billion.
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Ride-hailing app MOVE launched in Egypt
MOVE also offers a tech setup for school bus transportation that can be used by parents and school management.
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The Nordic market holds big opportunities for Egypt’s IT sector
How Northern Europe leverages the largest, youngest talent pool in the Middle East to tackle the pressing tech skills gap.
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Vodafone contributing to Egypt’s 2030 Sustainable Development vision
Vodafone is also supporting the agricultural sector to save 18 billion cubic meters of water using technology: Essam
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Egyptian fintech Money Fellows raises $31 million
Money Fellows classifies its users as borrowers, savers or planners depending on their position in a ROSCA cycle and when they receive a payout.
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Kenzz - Egypt’s mass ecommerce solution raises $3.5 million
Kenzz’s model benefits local manufacturers and SMEs too - by giving them access to data, insights, and access to potential hard-to-reach end users.