NextEra Education, a new $42 million educational initiative in Egypt, aims to modernize the national education system. This platform will incorporate AI technologies and international partnerships to provide degrees in cybersecurity, AI, business, and more.
Egypt leads TikTok usage in Africa with approximately 32.94 million users, followed by Nigeria with 27.39 million. South Africa, Algeria, and Morocco also rank among the top five, reflecting the platform’s significant popularity across the continent.
SETTLE, an Egypt-based B2B payment platform, has raised $2 million in pre-seed funding to enhance digital financial operations. With this investment, SETTLE aims to revolutionize B2B payments by enabling real-time financial management and streamlining business processes.
Kenzz has launched Kenzz TV, integrating video shopping into its app to transform the e-commerce experience in Egypt. This feature offers dynamic video content like product reviews and brand stories, enhancing user engagement and helping customers make informed decisions.
SETTLE, an Egypt-based B2B payment platform, has raised $2 million in pre-seed funding to enhance business financial operations. The investment aims to expand SETTLE’s global footprint and integrate real-time financial data tools, revolutionizing how businesses manage payments and treasuries.
PayTabs Egypt partners with Souhoola to expand its BNPL offerings, enhancing e-commerce payment options and competitiveness. This strategic alliance aims to meet consumer demands for convenience and support Egypt’s progression towards a cashless society.
Brotinni, an innovative Egyptian startup, secures new funding to expand its unique ‘dark butchery’ model, enhancing meat and poultry distribution with advanced processing and delivery solutions.
Egypt and Kuwait sign a significant MoU to enhance scientific and technical cooperation, aiming to support development projects and infrastructure in Egypt, including the Sinai Peninsula Development Program.
Egypt’s Software Engineering Competence Center (SECC) hosted the 2nd Software Testing Day, emphasizing AI-driven trends in software testing to bolster the nation’s digital exports and industry leadership.
Fawry expands its digital payment services by acquiring a majority stake in Svreico’s administrative building, enhancing facilities and infrastructure to support its growth.
