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Egypt’s bluworks closes $1 million pre-Seed

bluworks, an Egypt-based startup developing blue-collar HRTech SaaS solutions, has raised a $1 million pre-Seed investment round.

The country’s GDP for FY2024/2025, which begins in July, is estimated to be EGP 17 trillion.

With this funding, Waffarha aims to bolster its technological infrastructure, expand its team and broaden its reach into KSA.

The joint financing forum will provide a space for participants to discuss joint financing opportunities, the best practices, and common issues.

Speaking at a press conference, El-Said detailed Egypt’s ambitious target of $1.5 billion from its public offering program by the end of 2024.

Finance Events

Seamless North Africa 02.07.2024

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