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Egypt-Based Fintech Waffarha Raises Seven-Figure Seed Round

With this funding, Waffarha aims to bolster its technological infrastructure, expand its team and broaden its reach into KSA.

Investment bank EFG Hermes said the share price was 6.46 Egyptian pounds ($0.3874) per share.

As part of this partnership, Valu will fully fund two full scholarships for exemplary students based on a mix of criteria.

This initiative, aimed at nurturing entrepreneurship and assisting startups in Upper Egypt, has successfully nurtured a total of 116 companies.

Egypt is the most represented on the list with 13 companies, followed by the UAE and Saudi Arabia with 11 companies each.

Finance Events

Seamless North Africa 02.07.2024

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