Tuesday, Apr 20, 21

Sawari Ventures and Algebra Ventures stake $150m on North African startups

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Sawari Ventures and Algebra Ventures stake $150m on North African startups

One billion Egyptian pounds. That is how much Sawari Ventures raised for its Egypt-based fund. The fund has plans to ramp up investments in startups across the North Africa region. Depending on the prevailing conversion rate, Sawari’s raise is at least $63 million or up to $71 million. Either way, it is a giant leap
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