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Uber announces new rates in Egypt

The increases in Uber services also included the Uber X Saver Service, so that the cost of the start of the trip became nine LE instead of LE7.80.

This marks its first investment in the Gulf Cooperation Council (GCC) but second in the MENA region after Egyptian fintech Paymob.

The initiative’s harvest report for the year 2022, that the initiative provided more than 2,000 job opportunities.

The list of the top VC destinations includes Nigeria, South Africa, Egypt and Kenya respectively. The four account for 70% of African VC market.

Baillie Gifford disclosed ownership of 18.75 million shares in Jumia, representing 9.39% of the company.

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