King mohammed_vi_at the elysee

US to support Morocco’s vaccination campaign with $2.5 million

The US will donate $2.5 million to Morocco in support of its sustained vaccination campaign, the largest in Africa and one of the top 10 most successful in the world. A spokesperson for the US embassy in Rabat said that USAID has given Morocco 10.7 million dollars in support of its coronavirus response. It is […]

U.S aid to Egypt Tied to Reforms

The U.S.A has released a quarter of a billion dollar in economic aid to Egypt and has pledged more if Egypt implements economic and political reforms.U.S. Secretary of State John Kerry described the gesture as a “good-faith effort.” After holding meetings in Cairo during the weekend, Kerry said the United States would provide the first $190 million […]

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 […]