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PlayReplay Raises $12M in Latest Round, Eyes Middle East Growth
PlayReplay, an AI-powered intelligent court system for racquet sports, announced an investment from Alfvén & Didrikson (A&D). Leading this fundraise, A&D invests a total of USD 12 million alongside other investors, including…
Modon partners with Montage Hotels & Resorts to bring ultra-luxury hospitality brand to Egypt’s…
Abu Dhabi-based Modon Holding and Montage Hotels & Resorts have announced Montage Ras El Hekma, which will introduce the first branded
African Startup News (May 15, 2026)
African startups are making significant progress. In this context, the digital economy platform FollowICT highlights the top startup news across Africa over the past week.
- MAX Secures USD 8 M Debt Funding To Scale Electric Mobility In…
Microsoft AI Diffusion Report Highlights Egypt’s Growing AI Momentum
Microsoft's AI Diffusion Report for Q1 2026, published by the Microsoft AI Economy Institute, places Egypt among markets demonstrating continued progress in generative AI adoption. According to the report, 14.8% of Egypt's working-age…
Thndr Becomes the First Egyptian Company to Top the Financial Times Ranking of Africa’s…
Thndr, Egypt's leading retail investment platform, has ranked #1 on the Financial Times Africa’s Fastest-Growing Companies 2026, becoming the first Egyptian company in the ranking’s five-year history to claim the top spot.…
Rayz Developments launches its first mixed-use project BRX in New Cairo, backed by Al-Shams’ 40-year…
Rayz Developments, the real estate arm of Al Shams Contracting and Engineering Works Company, announced the launch of its first multi-use project "BRX"
Hyde Park Developments Launches “Water Residences” A New Phase in Hyde Park Central in East Cairo
Hyde Park Developments, one of Egypt’s leading integrated community developers, has announced the launch of “Water Residences,”
Byit Expands into the UAE, Launches AI Powered Solutions to Drive Cross Border Real Estate…
Byit, an Egypt-born proptech startup, has announced its expansion into the UAE alongside the launch of a new suite of AI powered solutions. These tools are designed to empower real estate brokers and enable more efficient cross-border…
Ezz Group, Dubai Developments unveil new integrated urban development in West Cairo
Ezz Group for Development and Constructions has entered into a strategic partnership with Dubai Developments to launch La Courbe New Korba
100% Egyptian Hands: Egrobots Unveils the First Autonomous Harvesting Robot in Egypt and the Arab…
Egrobots, a leading specialist in DeepTech and intelligent robotics, has officially announced the launch of the first autonomous agricultural harvesting robot fully developed by Egyptian engineers. This milestone represents a pioneering…