According to the Climate Policy Initiative, just 3% of global climate finance flowed to Africa in 2023, and less than 0.5% of that targeted early-stage tech ventures.
The Cairo-based startup is sacrificing recurring revenue and betting on a free platform to capture the MENA region's vast market of small businesses and social sellers.
The Spanish delivery giant has agreed to cap commissions, scrap exclusivity clauses, and pay a fine to end a year-long investigation into anti-competitive practices.
For local tech talent and those who saw crypto as a hedge against inflation or a tool for financial inclusion, the message is clear: innovate elsewhere.
According to the Climate Policy Initiative, just 3% of global climate finance flowed to Africa in 2023, and less than 0.5% of that targeted early-stage tech ventures.
Dr. Islam Azzam, a former managing director of a national fund targeting startups, takes the helm of the Egyptian Exchange amid a flurry of pro-tech market reforms.
