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Veon Group Invests $15 Million in Mobilink Bank for Growth and Tech Advancements in Pakistan
The capital aims to bolster Mobilink Bank’s efforts in expanding its services in Micro, Small, and Medium Enterprise (MSME) financing.
- Categories
- Investing
- Region
- North Africa & Near East
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Pakistani Grocery Delivery Startup Krave Mart Gets Funding From This Cab Booking Platform Available in India
This funding marks a strategic move for the multinational ride-hailing startup to explore opportunities in emerging markets.
- Categories
- Transportation
- Region
- North Africa & Near East
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Moroccan Shared Mobility Startup Enakl Gets $1.4 Million in PreSeed Round Led by Catalyst Fund
Enakl’s is a mobility startup that tries to address the problem of urban commuting by leveraging its technology to ensure that commuters are sharing rides in a sustainable way.
- Categories
- Transportation
- Region
- North Africa & Near East
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Arab African International Bank, IFC, EBRD, and BII Launch US$500 Million Sustainability Bond to Support Climate Finance and Boost Micro, Small, and Medium-Sized Enterprises
The sustainability bond is the first in Egypt - and the largest issued by a private bank in Africa - and will support green and sustainable projects in Egypt.
- Categories
- Investing
- Region
- North Africa & Near East
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Engie and Morocco’s OCP Renewables Deal Worth Billions, Says Source
The renewable energy plans are expected to materialise in 2026, while the desalination and green hydrogen projects are forecast in 2028 and 2032 respectively, the source told Reuters.
- Categories
- Energy
- Region
- North Africa & Near East
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Analysis: How Careem Went From Pakistan’s Ride-Hailing Leader to Stuck on the Sidelines
After falling from dominance, Careem is experimenting — from corporate rides to price bidding — to maintain its presence in Pakistan.
- Categories
- Technology, Transportation
- Region
- North Africa & Near East
- Tags
- gig economy, startups
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Morocco’s Automotive Industry Shifts Gears to Prep for Electric Vehicle Era
More than 250 companies that manufacture cars or their components currently operate in Morocco, where the auto industry now accounts for 22% of gross domestic product and $14 billion in exports.
- Categories
- Transportation
- Region
- North Africa & Near East
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Press Release: Mediterrania Capital Partners Completes Exit Process from TGCC as it Approaches €1 Billion Capitalisation Milestone
Mediterrania Capital Partners (MCP), a Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, announces it has completed its exit process from TGCC, a leading construction and civil engineering company based in Morocco.
- Categories
- Investing
- Region
- North Africa & Near East
- Tags
- housing, infrastructure
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