Plug and Play Africa, a global company focused on supporting startups and investing in innovation, has just launched the seventh batch of its Cairo program! They're doing this in partnership with the Information Technology Industry Development Agency (ITIDA) and the National Bank of Egypt. This exciting new group includes 25 Egyptian startups working in hot sectors like FinTech, Artificial Intelligence, Digital Transformation, and Enterprise Solutions. The whole idea is to boost the growth of these promising companies and really strengthen Egypt's entrepreneurship ecosystem. The program's launch event saw the founders of these participating startups gather at the "Creativa" innovation centers inside Cairo's Sultan Hussein Kamel Palace. It was their first time meeting, kicking off a new journey aimed at fostering growth, developing their businesses, and creating opportunities for collaboration and partnerships among the participating companies.
Tags
Related editorial
Bait Al Manshaat Ventures Fund Invests $500,000 to Fuel 5 Saudi Tech Startups
Bait Al Manshaat Ventures Fund has just injected $500,000 into five promising Saudi tech startups. These crucial pre-seed investments were made using SAFE agreements, a straightforward way to give investors future equity, helping these innovative companies kickstart their journey.
How Injaz Egypt's 'Mishwarha' Program Empowers Women for the Job Market
Injaz Egypt's 'Mishwarha' initiative is doing amazing work, focusing on preparing women for the job market in a really holistic way. It's not just about professional skills; it also builds their confidence, mental well-being, and financial smarts, making sure they're ready for success.
REVYN Launches UAE's First Resale Platform with No Seller Fees
Get ready for REVYN, a new platform now live in the UAE on iOS and Android! It lets users easily buy and sell pre-owned items directly. What's really cool is that sellers pay absolutely no commission, making it the first model of its kind in the UAE market and a big win for sustainable living.
Saudi Arabia's Digital App Market Thrives with Government Services and AI Leading the Charge by 2025
A new report, 'Saudi Internet 2025,' reveals that communication and government service apps are incredibly popular in the Kingdom. What's really exciting is the significant rise of AI applications, which are quickly becoming some of the most downloaded in Saudi Arabia.