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Economy 2 min read

Simplex expands with $50 million factory opening, eyes regional growth

Egyptian CNC manufacturer Simplex inaugurates its second factory, bolstering its production capacity and regional presence with new partnerships in Jordan and Kuwait.

Startups 2 min read

Kuadra secures funding to launch Egypt's first AI-driven construction platform

Egyptian startup Kuadra raises capital to introduce an AI-powered platform aimed at transforming the construction sector, enhancing efficiency and decision-making.

Wamda · 30 Jul 2026 2 min read
Startups 2 min read

Anara Impact Capital backs Reme-D with $1.45 million for diagnostic expansion in Africa

Egypt's Reme-D secures $1.45 million in funding to enhance its diagnostic capabilities and regional reach, addressing critical health challenges in underserved markets.

Wamda · 30 Jul 2026 2 min read
Egypt and Nigeria Dominate African Tech Funding Landscape in 2026 Amid Early-Stage Decline
Venture Capital 2 min read

Egypt and Nigeria Dominate African Tech Funding Landscape in 2026 Amid Early-Stage Decline

Egypt and Nigeria captured the lion's share of African tech funding in the first half of 2026, even as early-stage deals wane, indicating a shift in investor focus towards establis...

Fintech News ME · 30 Jul 2026 2 min read
AI 2 min read

NVIDIA SIGNALS Launches in Egypt to Empower Local AI Founders

NVIDIA SIGNALS debuts in Egypt, connecting local AI startups with global resources and expertise to foster innovation.

Wamda · 30 Jul 2026 2 min read
Startups 2 min read

Mylerz Secures $2 Million to Enhance Logistics in Egypt's E-Commerce Landscape

Egyptian logistics startup Mylerz has raised over $2 million to expand its infrastructure and support the growing e-commerce sector. This funding underscores the increasing investo...

Wamda · 30 Jul 2026 2 min read
MENA Startup Investment Plummets in June but Shows Signs of Recovery
Startups 2 min read

MENA Startup Investment Plummets in June but Shows Signs of Recovery

Despite a sharp month-on-month decline in funding, MENA's startup ecosystem demonstrates resilience with increased deal activity and a notable shift in capital distribution across...

Wamda · 30 Jul 2026 2 min read