The Cairo-based firm has quietly returned more than ten times invested capital to its first fund. Its method - rooted in infrastructure built two decades ago for mobile telecoms - is worth examining.
The application window for the first cohort of the Regulatory Sandbox is now open and will close on September 30, 2024. You have 30 days to submit your application.
“These appointments align with the focus of accelerating growth, completing the structural separations, and bringing in value-adding strategic partners into the shareholder bases of these businesses over the medium-term.”
The challenges Karen inherits are substantial. The resignation of her predecessors and the recent financial struggles within DOB Equity’s portfolio have prompted questions about the firm’s future direction.
“These visits will offer startups a global perspective, allowing them to draw inspiration from international best practices,” said Sidali Zerrouki, CEO of Algeria Venture.
The SEC’s licensing follows a comprehensive amendment to its rules in June 2023, which addressed digital asset issuance, offering platforms, exchange, and custody.
This strategic move marks Logidoo’s expansion into the digital commerce space, offering a one-stop solution for businesses of all sizes looking to establish or expand their presence in the booming African e-commerce market.
The Cairo-based firm has quietly returned more than ten times invested capital to its first fund. Its method - rooted in infrastructure built two decades ago for mobile telecoms - is worth examining.
Disruptions to tanker traffic through the Strait of Hormuz — which typically handles 20% of global oil flows — have slashed exports through the corridor from 20 million barrels per day to 3.8 million during peak disruptions.
