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 two delegations of 30 startups each will embark on an intensive 15-day learning journey. During this trip, they will make 18 strategic stops at leading technology hubs.
For Sara Menker, who is now representing herself in court, these legal battles represent a stark contrast to the heights she once achieved as a leader of a tech unicorn.
NoorNation, founded in 2021 by Ragy Ramadan, has developed a groundbreaking product called LifeBox. This innovative solution delivers clean energy and safe water to rural communities, farms, and tourism businesses, offering a much-needed alternative to traditional, often unreliable, energy sources.
In this latest round of funding, Orange Corners Innovation Fund is expanding its reach to Algeria and Egypt, partnering with the Algerian Startup Fund (ASF) and a collaboration between Falak Startups and Athar Accelerator, respectively.
In June, the bank issued a directive requiring banks and IMTOs to pay all diaspora remittances in Naira and match them with corresponding foreign currency inflows.
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.
