• Tuesday, 20 October 2020

    How anticipating Egypt’s needs led Fawry to success

    Fawry was fintech before “fintech” was even a word: Fawry founder and CEO Ashraf Sabry is our guest on this week’s episode of Making It, our podcast on how to build a great business here in Egypt. Ashraf tells us...
  • Monday, 19 October 2020

    How anticipating Egypt’s needs led Fawry to success

    Fawry was fintech before “fintech” was even a word: Fawry founder and CEO Ashraf Sabry is our guest on this week’s episode of Making It, our podcast on how to build a great business here in Egypt. Ashraf tells us...
  • Monday, 19 October 2020

    How anticipating Egypt’s needs led Fawry to success

    Fawry was fintech before “fintech” was even a word: Fawry founder and CEO Ashraf Sabry is our guest on this week’s episode of Making It, our podcast on how to build a great business here in Egypt. Ashraf tells us...
  • Sunday, 4 October 2020

    Mobile operators are bidding to become Africa’s bankers

    Africa’s mobile network operators are using the pandemic as a chance to (literally) bank on the continent’s huge growth potential. Despite mobile operators’ revenues shrinking since the onset of the coronavirus, companies are looking to a new source of income...
  • Sunday, 20 September 2020

    Relaxed regs key to driving e-payments growth, says CIB boss

    Relaxed regs are the key to driving e-payments growth, says CIB boss: The growth of digital accounts, such as mobile wallets, in Egypt will only be achieved through the continued deregulation of the system, CIB Chairman Hisham Ezz Al Arab...
  • Sunday, 13 September 2020

    New rules on mandatory cashless payments — gov’t is getting serious about taking commerce online

    LEGISLATION WATCH- New rules on mandatory cashless payments — gov’t is getting serious about taking commerce online: Private sector companies and government bodies have been given six months to install electronic payment terminals on-site after the Madbouly Cabinet recently approved...
  • Thursday, 10 September 2020

    Ahmed Moussa interviews CBE governor Tarek Amer on last night’s talk shows

    CBE governor Tarek Amer gave a marathon interview to Ala Mas’ouleety’s Ahmed Moussa last night, sitting down for over two hours to talk about everything econ you can think of (watch, runtime: 2:19:42). Here are the highlights: More reform is...
  • Wednesday, 9 September 2020

    Bloomberg wonders whether Fawry shares are overvalued

    Bloomberg wonders whether Fawry shares are overvalued, asking whether there’s still gas in the tank after a 300% appreciation that has left the stock looking expensive when you consider “the Egyptian firm’s trailing 12-month price-to-sales ratio is 20, about the...
  • Monday, 22 June 2020

    Egyptian fintech startup MoneyFellows raises USD 4 mn in series A round

    STARTUP WATCH- Egyptian fintech startup MoneyFellows has raised USD 4 mn in series A funding from Sawari Ventures and Partech, according to an emailed statement (pdf). MoneyFellows plans to use the funds to finance its expansion in Africa, as well...

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