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Monday, 23 January 2017

On the horizon

The specific date for IMF mission chief to Egypt Chris Jarvis’ visit to Cairo is not yet clear. We know it is scheduled for the end of February and will review and assess progress with the economic reform program. According to the fund’s schedule, the USD 1.25 bn second tranche of the USD 12 bn loan should be disbursed by 15 March, contingent on the results of the first review.

Applications to Flat6Labs Cairo are open to entrepreneurs now: Flat6Labs accelerator program selects up to 10 companies to join it each cycle, puts them on track to become a full-fledged scalable startup, and provides them with up to EGP 1 mn in funding. Companies that have successfully completed previous Flat6Labs cycles include Instabug and Pushbots. You can apply here.

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