This latest cohort of startups joins a growing number of Algerian businesses that have benefited from the government’s initiative to connect local entrepreneurs with global tech giants and renowned universities.
The new product is part of Fawry’s broader strategy to build an integrated financial ecosystem, bringing a fully digital medical insurance solution to individuals and families across Egypt.
Currently, only 2.5% of Pakistan’s population has access to formal credit sources, creating a gap for financial solutions that can alleviate immediate financial pressures for workers.
For founders considering a European expansion strategy, southern France — often overlooked in favor of Paris or Berlin — may now be worth a serious look.
The startup says the funding will accelerate product development and customer acquisition as it prepares to meet growing demand for flexible, decentralised energy infrastructure.
