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Tuesday, 31 August 2021

Raya FutureTECH joins Global Accelerator Network

Raya FutureTECH has joined the Global Accelerator Network (GAN), it announced in a statement (pdf). Operated by Raya Holdings subsidiary Raya Customer Experience and VC outfit Openner, the accelerator will organize a training camp in early September to select startups for the first phase of the program, which could see EGP 1 mn handed out to 10 startups. The first phase will kick off in October and runs for three months.

Other things we’re keeping an eye on this morning:

  • Egypt’s Trade Ministry is on course to build 317 small-scale industrial complexes across 17 villages nationwide, as part of the state’s Decent Life initiative, Minister Nevine Gamea told Sada El Balad TV (watch, runtime: 18:18).

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