Huawei’s Eco-development department has launched the first edition of its program to support Startups in the Middle East and Africa region.
Algebra Ventures will aim to complete the first closure in the third quarter of 2021.
It clarified in a press release that this step aims to identify brilliant founders with brilliant ideas to expand and scale them locally, regionally and globally through their local accelerator.
This year, Akeyewaleis is preparing to participate in the third edition of the forum set to kick off on Dec.14 in Sharm el-Sheikh.
The Egyptian Startup Nawah Scientific won second place, rewarding $150,000 cash prize. Omar Sakr, founder and CEO of Nawah-Scientific pocketed the cash reward.
Hosting three main tracks, Tech to Scale, Female Leadership, and Creative Economies, the summit will bring international actors in the startup scene to the heart of Cairo.
Egypt’s flourishing entrepreneurship scene has been receiving support from governmental entities and private institutions which aid entrepreneurs to reach their maximum potential by offering fund opportunities and mentorship.
A total of seven Egyptian startups have been selected to represent the country in the 2019 Global Entrepreneurship Summit (GES) in The Hague, Netherlands, June 3-5.
In a trend this year, corporations have announced several investment funds and programs for entrepreneurs.
The gathering focuses on trending tech hub practices, local innovators and innovative solutions to relevant African issues.
The initiative was launched in 2014 in cooperation with the International Labor Organization to train and mentor entrepreneurs.
Ten petroleum and transport companies are planned to be offered for trade on the Egyptian Exchange (EGX) in the next three years.
The minister reviewed the 406 development projects in the free zone, at total capitals of $3.5 billion and investments of $9.9 billion.
Minister of Investment signed an agreement Tuesday with Flat6Labs and Egypt Entrepreneurship Company to invest LE 10 million in emerging companies
Ex-head of the Social Fund for Development, Neveen Gamea, was appointed Thursday as the acting executive director o the small- and medium-sized enterprises (SMEs) Association amid complaints it is lagging behind on its tasks
A new entrepreneurship company was established to promote direct and indirect investment in startups and small companies with a total capital of 451 million EGP ($24.9 million), Minister of Investment and International Cooperation Sahar Nasr announced Thu