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Egyptian Fintech Firm Telda secures $20 million in seed funding

Cairo-based fintech startup, Telda, has landed $20 million in seeding funding from several investors including Jack Dorsey, former Twitter Chief Executive Officer, Bloomberg reports. The seed fund will serve the expansion into new markets. Telda also plans to use the money to build its product offering. “In Egypt dealing with money is still a complicated […]

Morocco fights coronavirus with containment, high technology and financial support –German media

Morocco’s impressive management of the coronavirus health crisis, which stands as a model, in the view of several observers, is still attracting the attention of international media. The strategy adopted by Morocco to fight the COVID-19 pandemic is based on containment, high technology and financial support for the most needy, German weekly Die Zeit commented […]

Libya: Dbeibah reaffirms need to hold accountable parties behind oil shutdown

Libyan Prime Minister Abdul Hamid Dbeibah underscored the urgent need to hold accountable those responsible for the closure of the country’s oil fields during a meeting with Stephanie Koury, the Acting Head of the United Nations Support Mission in Libya. During their talks, on Wednesday, Dbeibah and Koury reviewed recent political developments in Libya and […]