Cairo wants to pay companies to design semiconductors and embedded systems in Egypt, betting that a young engineering workforce can finally shake off the country's outsourcing stereotype.
Most of these companies raised their defining early rounds during a narrow window when African tech attracted serious institutional capital for the first time.
The company, which bills itself as the country's first fully licensed ride-hailing app, will use the fresh capital to expand its driver network and upgrade its technical infrastructure.
The Meltwater-backed tech school is hunting for early-stage AI founders in Ghana, Nigeria, Senegal and Kenya, blending months of training with a route to its investment portfolio.
A South African high court has rejected a final attempt by Africa Founders Ventures and its business rescue practitioner to overturn a winding-up order.
Cairo wants to pay companies to design semiconductors and embedded systems in Egypt, betting that a young engineering workforce can finally shake off the country's outsourcing stereotype.
Most of these companies raised their defining early rounds during a narrow window when African tech attracted serious institutional capital for the first time.
