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Beltone Venture Capital fuels expansion plans across Africa via investment in LNKO

Beltone Venture Capital, a subsidiary of Beltone Holding, announced a strategic equity investment in LNKO, a trendsetting omni-channel D2C eyewear startup

Updated 2/5/2025 3:00:00 AM
IFC considers $6M investment in Flat6Labs Africa

The International Finance Corporation (IFC) is considering an equity investment of up to $6 million in Africa Seed Fund Co?peratief U.A. (Flat6Labs Africa) through its Startup Catalyst Program.

Updated 2/2/2025 9:45:00 AM
El-Khatib, Jeune Afrique discuss holding Africa Finance and Investment Forum

Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib and a delegation from the Jeune Afrique Media Group reviewed the arrangements for holding the Africa Finance and Investment Forum

Updated 1/29/2025 11:50:00 AM
Madbouly pushes for balanced trade deals with Africa to boost exports

Egyptian Prime Minister Mostafa Madbouly has directed the formation of a task force to implement a proposal for balanced trade deals with African countries.

Updated 12/18/2024 1:13:00 AM
Autotech 2024 concludes with over 11,000 participants, 300 exhibitors

Autotech 2024, Africa's leading auto aftermarket exhibition, took place at the Cairo International Exhibition Center from November 17th to 19th.

Updated 12/10/2024 3:14:00 PM
Investment Minister takes part in 9th Food Africa, Fresh Africa, PacProcess exhibitions

Minister of Investment and Foreign Trade Hassan El-Khatib has attended the opening of the 9th Food Africa, Fresh Africa, and PacProcess exhibitions, held from December 3rd to 5th at the Egypt International Exhibition Center.

Updated 12/3/2024 12:40:00 PM
Oriental Weavers, Gemini Africa collaborate to launch “Weavers of Tomorrow” Program

Oriental Weavers has joined forces with Gemini Africa to launch the “Weavers of Tomorrow” program.

Updated 11/7/2024 3:04:00 PM
Badawi takes part in APPO ministerial meeting in Cameroon

The Egyptian Minister of Petroleum and Mineral Resources has attended the 46th African Petroleum Producers Organization (APPO) Council of Ministers meeting in Yaoundé, Cameroon.

Updated 11/3/2024 3:49:00 AM
MSMEDA expands SME export opportunities to African markets

The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) is working to open new markets for micro, small, and medium-sized enterprises (MSMEs) in Africa as part of the presidential initiative, “A New Beginning for Human Building."

Updated 9/19/2024 12:57:00 PM
Egypt explores establishing free zone for African Investors

The Egyptian government is exploring the establishment of a dedicated free zone for African investors, as part of its broader strategy to boost trade relations with African markets, Al Borsa News reported, citing unnamed sources familiar with the matter.

Updated 9/3/2024 9:06:00 AM
Africa’s Top FDI Recipients in 2023

Updated 6/25/2024 8:11:00 AM
Visa shortlists 22 African startups to participate its 2nd Africa Fintech Accelerator program

Visa has shortlisted 22 startups from across Africa to take part in the second cohort of its Africa Fintech Accelerator program.

Updated 5/30/2024 11:07:00 AM
TLcom Capital raises $154M for tech investment across Africa

TLcom Capital, the Africa-focused venture capital firm, has closed its second fund for technology in Africa, TIDE Africa Fund II, at an impressive $154 million.

Updated 4/23/2024 8:13:00 AM
Health Ministry, EGAAD cooperate in medical tourism field

Egypt’s Ministry of Health and Population has inked a cooperation protocol with the Egyptian African Arab Company for Development (EGAAD) in the field of medical tourism.

Updated 4/21/2024 2:24:00 AM
Beltone Holding, BOA Group forge multidimensional collaboration agreement

Beltone Holding has entered into a multidimensional collaboration agreement with BOA Group, the holding company overseeing Bank of Africa - BMCE Group's operations in Sub-Saharan Africa.

Updated 2/21/2024 10:34:00 AM
Beko Egypt’s Umit Gunel takes on expanded role as Regional Director for North West Africa

Beko Egypt has extended the responsibilities of its General Manager Umit Gunel to serve as the Regional Director for Beko in North West Africa.

Updated 1/30/2024 12:24:00 PM
Honeywell names Khaled Hashem as President of MEA region

Honeywell has appointed Khaled Hashem as President of the recently consolidated Middle East and Africa (MEA) region for the company.

Updated 1/26/2024 11:08:00 AM
Egypt seeks to boost intra-trade with Africa by 20% in 5 years: Official

Egypt is targeting to increase its intra-trade with Africa by 20% to $7.4 billion within five years, the Egyptian Commercial Service’s (ECS) Chairman Yahya Elwathik Bellah said.

Updated 1/8/2024 9:39:00 AM