Egypt

Egypt's investor landscape has a fair mix of local, regional, and international investors ploughing funds into the ecosystem.

MNT-Halan offers loans, buy-now-pay-later (BNPL) options, e-commerce, and more through its payment-processing software Halan Neuron, as well as its digital cards and wallets.

Once economic woes coupled with a devalued currency regime environment is present, it has an inevitable knock-on effect on a country's startup ecosystem.

These modern-day dynasties are creating solutions that don't just serve Egypt, but reverberate across continents.

Egypt is the MENA's most populous country, Africa's third most populous market, and the world's 15th most populous nation, being home to over 110 million inhabitants.

The company's consolidated financial and operational results for the period ending March 31, 2024 revealed remarkable growth.

Ulter has the highest credit limit in the country, and offers flexible repayment plans spanning up to 60 months with no down payment, subject to the financed amount.

With the introduction of this optimized digital onboarding process for investment portfolios up to EGP5 million, investors can now seamlessly register accounts on EFG Hermes ONE to trade on the Egyptian Stock Exchange.

Revenue growth reported by the three verticals underpinned the group's net profit after tax and minority interest, up 39% y-o-y to reach EGP2.5 billion.

NoorNation's flagship product is LifeBox- a solar-powered mobile solution that offers clean electricity and safe water simultaneously for farming businesses.

The merger will support the two partners' members to expand their network, build new relationships, and uncover new business opportunities.

The group's new slogan "Realize More" reflects its growth from one of Egypt's first pure-play, independent investment banks to a financial group that now serves people of all income levels and companies of all sizes across 12 markets through the expertise of over 7,100 employees.

By digitizing the concept of money circles, the startup aims to create opportunities within a largely untapped space in the fintech sector.

Armed with lessons learnt through a successful career spanning more than 25 years, this communications-pro-turned-entrepreneur is now authoring her own book.

Mazaya was founded in December 2021 with a mission to empower retailers and merchants of electronic goods and home appliances by enabling them to efficiently procure inventory for their stores through the Mazaya app.

"Some people don't understand that just because we want to give back to the community does not mean that we don't want to be a successful business!"

"Every few years, some crisis will happen, but it is how you handle them, and how you adjust to new circumstances that matters."

Dresscode is a direct-to-consumer fast fashion e-commerce platform, primarily offering high-end brands and statement pieces at affordable prices.

Tara Emad will share tips on growing her self-confidence and resilience in the next edition of the Against All Odds webinar series, helmed by Entrepreneur Middle East Managing Editor Tamara Pupic.

Yalla Fel Sekka co-founders shares how they dealt with economic instability, local competition for talent, and the fact that Egypt doesn't have postal codes.

By leveraging technology and data, FreshSource aims to bring about a shift in how fresh food is sourced, moved and sold in Egypt.