Fawry Microfinance was founded in 2018 to give small businesses and entrepreneurs in Egypt with financial solutions that are both accessible and affordable, leveraging an end-to-end digital infrastructure to dispense loans and collect payments. Fawry Microfinance’s activities have materially aided the national objectives of achieving financial inclusion and promoting the digitization of financial services. Fawry Microfinance’s portfolio achieved rapid growth over the course of 2021, despite the lingering effects of the COVID-19 pandemic on the Egyptian and global economies, including supply chain disruptions and heightened inflation....

The deal will see MedNet subscribed members download Yodawy app and with a one-time-only registration, set up an account with their monthly medications ready to be ordered. Also, members can upload a doctor’s prescription and get approvals in a few minutes. Members will no longer need to visit the pharmacy or worry about waiting in line for approvals. “2020 has been a challenging year for everyone, to say the least....

The round was led by Algebra Ventures and Disruptech Ventures, with participation from EFG-EV, and a group of reputable angel investors to help Mozare3, a platform that serves more than 20 million underserved, unbankable smallholder farmers and their families in Egypt, to expand. According to Hussein Abou Bakr, founder and CEO of Mozare3, “Egyptian smallholder farmers have limited access to financing and no direct access to markets. We believe that an agri-fintech platform focused on those farmers, like Mozare3, would revolutionize the way farmers plan, farm and sell their crops....

Gahez is an online marketplace that launched around the end of 2021 with the goal of transforming the wholesale distribution platform by streamlining the process between retailers and manufacturers, resulting in a better online trading cycle. Gahez has successfully unburdened fashion retailers from current procurement inefficiency and obstacles by using a data-driven approach that has facilitated their selection of products and sourcing options. Gahez also offers credit to retailers, making the collection process easier while handling payment settlement with suppliers through third-party aggregators....

The new capital will be used to grow the company’s product line, strengthen its position in the Egyptian market, and expand into other countries in the Middle East and Africa. PayPal Ventures, the global corporate venture arm of PayPal, New-York-based venture capital Kora Capital, and London-based Clay Point led the round. Helios Digital Ventures, British International Investment (formerly the CDC Group), and Nclude, the startup fund launched by Global Ventures and three Egyptian banks, are among the new investors....

Tawfeer Market, which launched at the end of 2019, allows consumers to search for and purchase groceries via an app, which are then delivered by the company’s fulfillment arm. So far, the fast commerce software has been downloaded over 100,000 times, with tens of thousands of orders increasing at a consistent two-digit rate month after month. Tawfeer Market has closed a US$500,000 seed round with investments from the Alexandria Business Angels Network to assist it continue to grow and expand outside Alexandria....

It has produced films that have garnered worldwide appreciation due to creativity, story, and acting performances by the aces. But the music is the aspect that has fans in every nook and corner transcending the language and geographical barriers. So today we are here to discuss one such gem that this industry gave to the lovers of music and poetry. It is none other than Ek Pyar Ka Nagma Hai song....

The Group’s recovery and resilience strategy saw the Group’s profit after tax grew by 36 per cent to Kshs 24.4 billion up from Kshs 17.9 billion for the comparative half-year results of the previous year. “Covid-19 acted as a tailwind to our efforts of digitising our business,” said Dr James Mwangi, Group Managing Director and CEO while releasing the results. “The business transformation has supported recovery and built resilience in the business....

John Wilson, a Swedish national, spent a total of 14 years at the World Bank, where he worked at the IFC (private sector arm of the World Bank Group with over USD 90 Billion in assets) for 11 years and another 3 years at the International Bank of Reconstruction and Development, IBRD (the public sector arm of the World Bank Group). At IFC, John served as the Global Head of Banking and Chief Banking specialist as well as the Manager in charge of Financial institutions Group for East and Southern Africa....

It is not new that the cryptocurrency market made people lose a lot of money, but they are also very confident that they will make it over again. But, if you do not think the same, perhaps the cryptocurrency market is not the right thing for you to go into today. On the contrary, if you have planned to enter the cryptocurrency market and make millions of dollars in the coming years, you should know about the essential things first....

The partnership enables Ethiopian to offer seamless transport service to passengers throughout their journeys. According to Ethiopian Airlines Group CEO Mr. Tewolde GebreMariam, “We are very glad to partner with CarTrawler which enables our passengers to book car rental and transfer services at their destinations. As a customer centric airline, we always look for opportunities to maximize passengers’ comfort through end-to-end services which augment their travel experience. We have integrated the service digitally so that passengers can make their bookings through our website and mobile app from anywhere....

Why are prototypes of a digital product created? The answer should be very simple and basically logical: to test the product. In fact, there is much more to it. You can prototype a product that is just about to be created, as well as new elements of an existing product, and we do this mainly to find out whether, for example, the website or application we create will be affordable for the customer....

All Galaxy S23 variants are expected to come equipped with Qualcomm’s Snapdragon 8 Gen 2 CPU in 2023, which is one of the greatest changes we anticipate from Samsung. Samsung has historically employed both Qualcomm’s Snapdragon CPUs and their own Exynos processors in various locations, which has resulted in performance differences. Samsung hopes to avoid the problems associated with the Exynos 2200 in the S22 by choosing the Snapdragon CPU for the S23....

The startup will join Facebook Reality Labs, a division of the social media company that is working to develop augmented-reality smart glasses. Andrew “Boz” Bosworth, Facebook’s head of augmented reality and virtual reality, officially made the announcement about the acquisition on Facebook (Obviously) and revealed the startup will be joining the Facebook Reality Labs team in hopes of accelerating its development and availability to consumers. CNBC got information from sources familiar with the matter that the deal was worth somewhere between $500 million and $1 billion, although a Facebook spokesperson claimed it was actually less than a billion....

The social media site is doing away with the public, closed or secret settings. Alternatively, Groups will include two clear options “private” or “public.” Facebook claims this will simplify who can find a Group and see its members and posts. Jordan Davis, product manager for Facebook Groups on the Facebook newsroom blog said, “Having two privacy settings — public and private — will help make it clearer about who can find the group and see the members and posts that are part of it....

The Yalla Xtech program, which will initially focus on Egyptian and Jordanian tech start-ups, aims to help entrepreneurs and tech startups expand beyond their borders, contributing to startup ecosystems and, in particular, to efforts in the host countries to achieve the Sustainable Development Goals through innovation, competition, and employment (SDGs). The program will foster cross-border inclusion and knowledge sharing, as well as provide startups with the tools, resources, and network contacts they need to successfully expand into Jordan or Egypt....

Finding a trustworthy broker that individuals can entrust with their investments is the best way to do this, though. If you read this review, you can determine whether Fivoro is your ideal broker. Fivoro Features The following step is to explore all that Fivoro offers in more detail. Traders should educate themselves on the account’s key characteristics and how they may advance any trading business before registering an account....

The official retail price of these phones have not been released yet for the Kenyan market, but be on the lookout for their launch in Kenya in the next few months. The Samsung Galaxy A30 and A50 are already officially launched in some markets and the reviews seem to be pretty exciting for budget smartphones. The Galaxy A50 and A30, boast of flagship features such as the A50’s on-screen fingerprint sensor while the A30 comes with a rear fingerprint sensor and face unlock; nearly bezeless screen and multiple cameras....

They say that behind every social media account a human being is behind it, a father or mother, a child or sibling to someone else. Behind Kilimani mums uncensored was a 41-year-old woman who resided in the United States. Unfortunately, the late Leah Wangari was in a tragic road accident in South Carolina on Saturday, August 1st. There’s a reason you’re urged not to drink and drive but this advice is sometimes taken lightly and it’s also what led to Wangari’s death....

Through a matching-funds model, DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH provides grant financing for startups that have achieved a proof of concept and are ready to scale. With the support of impact investment specialist Seedstars and business incubator NaiLab, the DeveloPPP Ventures programme is aimed at young entrepreneurs who are making innovative contributions to sustainable development in their developing economies as well as improving living conditions of locals. The programme is open to startups with their head office or a branch registered in Kenya....