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Thursday, 2 June 2022

Insurance startup Amanleek wins Orange fintech competition

The formidable 13-year-old Egyptian-Hungarian violinist Mariam Abouzahra won the Golden Note — a televised classical music competition run by the Austrian Broadcasting Corporation. The young musician reached the finals with eight other performers between the age of 10 and 16, according to Ahram Online.

Ins. startup Amanleek has won Orange’s Fintech Startup Seed Challenge 2022, and is receiving USD 200k to invest in the growth of its business, the telecoms firm said in a press release. The competition was run by Orange Egypt and Orange Ventures, the VC arm of the global company.

Unicef and the Minya Water and Wastewater Company will provide zero-interest loans to low-income families to help them cover the EGP 2k it costs to connect houses to the water grid. (Unicef)

Emaar Misr is donating EGP 1 bn to the Decent Life Initiative (aka Hayah Karima) to help finance its sustainable development projects as part of a cooperation protocol. (Statement, pdf)

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