EU and Egypt to Launch Platform to Mobilize USD 5.8B for Green Projects
The European Union and Egypt are launching a new joint platform aimed at mobilizing €5.3 billion (approximately USD $5.8 billion) in investments for green projects within Egypt, strengthening bilateral cooperation on climate and energy transition. Key Details The new EU-Egypt Green Hydrogen Platform was announced following discussions between European Commission President Ursula von der Leyen […]
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menaraisingstars
- June 21, 2025
Egyptian Proptech Nawy Secures $23 Million in Debt Financing to Scale Operations
Egyptian proptech platform Nawy has successfully raised $23 million in debt financing, a move aimed at significantly boosting its operational capacity and market reach. Key Details The substantial $23 million debt facility was secured by Nawy to fuel its expansion plans. This funding will be primarily utilized to enhance its technology platform, expand its team, […]
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menaraisingstars
- June 21, 2025
Swypex Launches Egypt’s First Approval-Based Corporate Card to Accelerate Cashless Business Payments
Egyptian fintech startup Swypex has announced the launch of what it claims is Egypt’s first approval-based corporate card, aiming to empower businesses to move away from traditional cash and manual processes for managing expenses. Key Details The newly launched corporate card from Swypex is designed to streamline business spending by integrating directly into a company’s […]
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menaraisingstars
- June 21, 2025
