Day: May 12, 2025

Egyptian Proptech Nawy Closes $52 Million Series A to Avance AI Infrastructure and Grow in MENA

May 12, 2025

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by

Fred Kennedy

in New Investments

Property technology company Nawy has successfully raised $52 million in a Series A equity round to support its strategic expansion across Egypt and the broader MENA region.
Safaricom Becomes First East African Firm to Cross $3 Billion Revenue Mark

May 12, 2025

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by

Fred Kennedy

in Key developments

Safaricom PLC has reached a major milestone, making history as the first East African business to earn over $3 billion (KES 388.7 billion) in annual revenue.