Software News
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Mena startups raised $35.6 million in June, pushing half year total to $1.6 billion
Startups in Mena raised $35.6 million in June 2023 across 45 deals, pushing the half year funding total to $1.6 billion.
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Egypt 2nd in software developers in Africa
There are an estimated 690,000 professional software programmers in Africa. Over half of these are from South Africa, Egypt, and Nigeria.
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Egypt’s fibre optic expansions prompt digital transformation
The initiative was launched to improve the standard of living, with up to E£5.8bn ($342.6m) investment committed to developing telecoms infrastructure
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Increasing competition among startups as 'El Forsa with Lamees El-Hadidi' expands to Egypt's governorates
The second season of “El Forsa" program commenced from Alexandria Governorate in the first week of June.
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Tax breaks for innovation: President El-Sisi empowers egyptian startups
President Abdel Fattah El-Sisi has taken significant steps to support and boost startups in Egypt with a a 5-year tax exemption.
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What else can AI do?
AI can do even more, and it is taking over more and more tasks. But beware, how long can it be controlled?
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President Sisi Boosts Startups with 5-year Tax Exemption
The government spends between $24 billion to $30 billion annually to bring production requirements for about 150 producers.
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What is happening with AI apps?
ChatGPT as an app? Are there Android apps spying on you? and are there still fears of AI and its development? learn more in this article.
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Egypt’s CardoO raises $600,00 round and launches IoT-enabled smartwatch
Egypt-based startup CardoO has launched its Internet of Things (IoT)-enabled smartwatch after securing $660,000 in funding.
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Aladdin launched Super App, first Egyptian-made multi-service app in Egypt and Middle East
Aladdin provides over 1 million job opportunists and 500,000 service provider over a year