AMEA Power, one of the fastest-growing renewable energy companies in the Middle East, announced that it has achieved a financial close to delivering 1 Gigawatt (GW) of Wind and Solar Energy projects in Egypt.

Fawry, Egypt’s e-payment and Fintech service provider, launched its new HQ “Fawry Quantum Building” locates in Smart Village in a grand ceremony

These startups are helping to transform the financial sector in the country, making it more accessible and inclusive. Here are five of the most disruptive startups in the space.

Egypt’s Ministry of Foreign Affairs and Cisco announced the company’s role as IT Services Provider of the 27th United Nations Climate Change Conference (COP27). Cisco, among others, will provide professional and technical services to design, implement and support the wireless network infrastructure at COP27 to enable highly secure connectivity for all attendees and the host nation. 

Money Fellows, an Egyptian fintech business, announced that it has received $31 million to extend its service offerings and grow across Africa and Asia. Led by Germany’s CommerzVentures, Middle East Venture Partners and Kuwait’s Arzan Venture Capital, this was the company’s fourth funding round since 2018.