Egypt: Seed-Stage Accelerator Flat6Labs Closes $13.2m Fund for Startups in Egypt

Wakanda News Details

Egypt: Seed-Stage Accelerator Flat6Labs Closes $13.2m Fund for Startups in Egypt

[TechCrunch] Investment activities in Egypt continue to gain steam, not for startups only but also the funds backing them. Today, seed accelerator Flat6Labs announced the second close of its Egypt fund to support early-stage startups and provide follow-up investment. The fund had a target for EGP50 million (~$3.2 million) but eventually closed at EGP207 million ($13.2 million).

Source: allAfrica.com

You may also like

Reid heads new National Education Trust board

Former banker, Norman Reid, has been named chairman of the National Education Trust (NET), an arm of the Ministry of Education, Youth and Information with responsibility to facilitate partnerships with donors for educational infrastructural

fave

Source: Jamaica Observer: Jamaican News Online – the Best of Jamaican Newspapers - JamaicaObserver.com

Activists Fight to Maintain A Community Treasure in Battle Over Proposed Crenshaw Mall Acquisition

For more than five decades, Baldwin Hills Crenshaw Plaza has been a Los Angeles cultural/business icon and the place where African Americans shopped, evolving from an open-air retail hub to an indoor shopping

fave

Source: La Focus Newspaper

VIHFA Hosts Development Block Grant Disaster Recovery and Mitigation Training

The training covered the responsibilities of a subrecipient and the federal reporting requirements mandated by HUD to include the application process, environmental review, financial management and record keeping.

fave

Source: St. Thomas Source | The trusted independent voice of the Virgin Islands community

Tunisia: Covid-19 - 54 Fatalities and 1,246 Infections Reported On May 22

[Tunis Afrique Presse] Tunis/Tunisia -- 54 COVID-19 fatalities had been reported on May 22, taking Tunisia's death toll to 12,236 since the outbreak of the pandemic, the Health Ministry said Sunday.

fave

Source: allAfrica.com

Tunisia: Road Accident in Beja Kills 4, Injures 5

[Tunis Afrique Presse] Tunis/Tunisia -- A road accident had occurred on Sunday night near the Errhayet locality at the national road No.6 linking Tunis to Beja, killing four members of the same family (a 35-year-old woman and her 7-year-old daughter in addition to her two sisters aged 16 and

fave

Source: allAfrica.com

ANC won't use pension funds to bail out state-owned enterprises - Godongwana | News24

ANC economic policy guru Enoch Godongwana said he wanted to debunk the notion that the ANC intended to use pension funds to bail out collapsing state-owned enterprises.

fave

Source: https://www.news24.com

Making the case for a strong Black economy in the 9th District - TSDMemphis.com

by Corey Strong While Memphis and Shelby County wrestles with how to economically respond to COVID-19 in the short term, I am more concerned with the long term impacts the pandemic will have on our economy. In the post-COVID world, technology is king and unskilled work forces are susceptible to

fave

Source: TSDMemphis.com - The New Tri-State Defender - TSDMemphis.com

Black Business Owner Says He Was Evicted By His White Landlord For Participating In BLM Protests

Jeremiah Johnson owns fashion/retail store Stylent Brands.

fave

Source: Celebrities, Music, News, Entertainment, TV Shows & Videos | BET

Job – Project Coordinator

The Digital Inclusion Working Group is hiring a Project Coordinator to lead their

fave

Source: http://theweeklychallenger.com

Beware Of ‘Karen’s Husband’: Social Media Spotlights White Men Who Also Love To Call The Police

Source: Alexander Spatari / Getty

fave

Source: NewsOne

Ministries explain Sh8.1b suspect allocations

The government has come out to explain suspect allocations of Sh8.1 billion in small amounts to infrastructure projects in the new budget that were flagged by the Parliamentary Budget Office

fave

Source: Daily Nation - Breaking News, Kenya, Africa, Politics, Business, Sports | HOME

Master Investor Ian Dunlap Shares How to Capitalize During the Crisis (Video) - Black Enterprise

Investment expert Ian Dunlap shares fundamental insight about investing in the stock market during the global COVID-19 pandemic.

fave

Source: Black Enterprise - The Premier Resource for Black Entrepreneurs and Career, Tech, and Money Content for Black People - Black Ent

Wells Fargo makes major investment in six Black-owned banks | New Pittsburgh Courier

BASED IN LOS ANGELES, Broadway Federal Bank is one of the several minority depository institutions that Wells Fargo is investing in. by Stacy M. Brown For New Pittsburgh Courier (NNPA)—Wells Fargo is observing Black History Month in a meaningful way. The banking giant has selected six African

fave

Source: New Pittsburgh Courier - Powered by Real Times Media

Rwanda: Desk Shields, Large Spaces - How Covid-19 May Affect the Future of Office Space

[New Times] The Covid-19 pandemic has led to extraordinary human challenges in different aspects of life, and the workplace has not been spared.

fave

Source: allAfrica.com

Tunisia: Al Joumhouri Denounces Ongoing Wage Levies

Tunis/Tunisia — Al Joumhouri party denounced on Thursday the ongoing mandatory levies on wages and retirement pensions since 2018, with no prior agreement, describing this measure as "abusive" as it violates the rights of wage-earners and

fave

Source: allAfrica.com

Making the case for a strong Black economy in the 9th District

However, the most important point made is that Black Lives Matter, especially as it pertains to the work force of Memphis and the 9th

fave

Source: TSDMemphis.com - The New Tri-State Defender - TSDMemphis.com

Serial Entrepreneur Terron Tidwell Leads His Clients to Financial Success

Having to understand the business aspects as well as putting in the work to make things happen is typical for most successful business

fave

Source: Black Enterprise - The Premier Resource for Black Entrepreneurs and Career, Tech, and Money Content for Black People - Black Ent

Tunisia: Factbox-Latest On Worldwide Spread of Coronavirus

[Tunis Afrique Presse] Tokyo/Japan -- Hospitals in Japan's second largest city buckled under a new wave of COVID-19 infections, even as the country opened two mass vaccination sites to inoculate most of its elderly population ahead of the Tokyo Olympics.

fave

Source: allAfrica.com

3 Places to Find Funding For Your Business

In the U.S., Black-owned businesses increased 34.5% between 2007 and 2012 totaling 2.6 million firms. Yet, they still typically face greater challenges in securing capital compared to white-owned businesses. The […] The post 3 Places to Find Funding For Your Business appeared first on Essence.

fave

Source: Black Women's Lifestyle Guide, Black Love & Beauty Trends - Essence

SA Postbank ready to be the country's 'future state bank' | News24

The SA Postbank says it's ready to be the country's future state bank.

fave

Source: https://www.news24.com

Egypt: Housing Minister Visits Julius Nyerere Hydropower Plant & Dam in Tanzania

[Egypt Online] President Abdel Fattah El Sisi issued his directives to follow up work progress in Julius Nyerere Hydropower plant and dam in Tanzania, said Housing Minister Assem el Gazzar, adding that a report on the plant work progress is prepared monthly.

fave

Source: allAfrica.com

Beware Of Karens Husband: Social Media Spotlights White Men Who Also Love To Call The Police

Viral videos show that gender doesn't matter when it comes to racial profiling.

fave

Source: NewsOne

Don't underestimate the power of a good financial planner | New Pittsburgh Courier

(NewsUSA) - In the wake of the ongoing Covid-19 pandemic, many people are looking to cut costs and better manage expenses. Some may view financial planners as an unnecessary expense, but in reality, a smart relationship with an experienced financial planner will save you money in the short- and

fave

Source: New Pittsburgh Courier - Powered by Real Times Media

White Man Loses Office Lease After Calling Police On Black Entrepreneurs Using Gym

The exchange, which was caught on video and posted by Top Figure to Instagram, shows Austin questioning the three men about their office location before pulling out his phone to call the

fave

Source: Black America Web

Are We Palestinians’ Keepers?

Are We Palestinians’ Keepers? Rev. Dr. Jennifer Leath, 5th District Today, the world seems to be asking itself, “arewePalestinians’ keepers?” (i.e., should we care for [...]

fave

Source: The Christian Recorder

Nigeria: Investment One Targets Nigeria's Creative Industry for Growth

[This Day] The need to contribute its quota to the development of the creative industry in Nigeria has warranted the establishment of Africa Photography Organisation (AFPHOR), a channel through which Investment One Financial Services Limited seeks to identify endowed creative persons to empower

fave

Source: allAfrica.com

Man Calls Police on Young Black Men Using a Gym in His Building in Minneapolis

Minneapolis, MN — A group of young Black entrepreneurs from Minneapolis say that they were racially profiled when Tom Austin, who is white, confronted them for using a shared private gym in a building where they rent office

fave

Source: http://www.blacknews.com

Tunisia: 'Zarzis Smart Centre' to Start Operation in September 2020, Generate 400 Jobs

Tunis/Tunisia — The Zarzis Park of Economic Activities will shortly be reinforced by the entry into operation of the new technological centre specialised in new information and communication technologies "Zarzis Smart Centre," due in September 2020 and is expected to offer 400

fave

Source: allAfrica.com

U.S. Bank donates $5 million to local communities as part of Rebuild and Transform Fund | The Florida Star | The Georgia Star

Minneapolis, MN, September 23, 2020 – U.S. Bank announces $5 million in donations to local communities as part of its $15 million U.S. Bank Foundation Rebuild and Transform Fund, addressing rebuilding in corridors impacted by social unrest and systemic racial inequities in small business, housing

fave

Source: The Florida Star

The New Market Tax Credit: An Effective Source Of Equity For Black Business

The what, where, when, and how of the New Market Tax Credit (NMTC) Program for Black businesses, created to boost low-cost equity capital.

fave

Source: Black Enterprise - The Premier Resource for Black Entrepreneurs and Career, Tech, and Money Content for Black People - Black Ent

More from allAfrica.com

South Africa: Mchunu Reiterates Commitment to Deliver Water to Communities

South Africa: Campbell Voted Out As Mayor of Ekurhuleni

South Africa: President Ramaphosa Attends Lesotho PM Inauguration

Malawi: Bogus Fertilizer Transaction Scam Is Wake Up Call for Chakwera to Scrutinize Deep-Rooted Corruption in Government Agencies

Nigeria: UK Insists On Terror Alert As Major Mall Shuts Operation

Nigeria: Tinubu Donates N20 Million As Church Marks 100 Years Anniversary

Ghana: President to Address Nation On Economic Challenges Sunday

Ghana: Our Waterbodies Should Be Clean By March 2023 - Mireku Duker

Ghana: STEM Education Critical in Meeting the Needs of the World - President Akufo-Addo

Nigeria: Policy Framework, Incentives Key to Growing LPG Market - NNPC

Nigeria: Abuja Terror Alert - Nigerian Government Should Not Downplay the Threat

Nigeria: Floods - 4 Ways They Affect Food Security

South Africa: The Tears of a King

Nigeria: Naira Redesign - We Followed Due Process, CBN Tells Finance Minister

Nigeria: News About Imminent Terrorist Attack Sponsored to Create Fear - Police PRO

Malawi Police Arrest 33 in Anti-Government Violence

Nigeria: IMF Urges Caution On CBN's Plan to Replace Naira

South Africa: All Roads Lead to Moses Mabhida Stadium

Nigeria: U.S. Embarks On Evacuating Families From Abuja Over Terror Alert

South Africa: President Cyril Ramaphosa - Handover Ceremony of the Certificate of Recognition to His Majesty King Misizulu Ka-Zwelethini

Tanzania: Zero Malaria in Zanzibar By 2027, Realistic?

Tanzania: Zanzibar Economy - What Diplomats Can Do Attract Investment

Kenyan Youth Urged to Exploit Opportunities in Solar Energy

Ethiopia: Tigray Running Out of Medical Supplies, WHO Warns

Tanzania: Drought Weighs On Tanzania's Dar es Salaam

Ethiopia: UN Rights Experts Warn Atrocities Will Grow in Ethiopia's Tigray Without Peace

Africa: Time Ripe to Invest in Africa's Financial Literacy

Africa: The African Diaspora Can Help Chart a Solid Economic Growth Path

Africa: Weed for Export - Raising African Economies High On Medical Marijuana

Africa: Turkey Deepens Its Defense Diplomacy in Africa

Africa: What Do Protests Say About UN Peacekeeping in Africa?

Nigeria: Atiku in U.S. for a Week-Long High-Level Engagement - Ibe - allAfrica.com

Nigeria: Finance Minister Opposes CBN's Plan to Redesign Naira

Nigeria: Atiku Meets U.S. Chamber of Commerce, Nigeria Diaspora

South Africa: Halala! King Misuzulu Coronated

Nigeria: Terror Threat - Atiku Meets U.S. Officials in Washington

Congo-Kinshasa: Govt Expels Rwandan Envoy After M23 Rebel Gains

Africa: Vaccines Could Be a Game-Changer in the Fight Against Malaria in Africa

South Africa: President Ramaphosa Commits Government to Working With Zulu King

South Africa: Archbishop Makgoba Calls for 'Justice & Accountability' At Coronation of King Misuzulu kaZwelithini

South Africa Cements New Zulu King's Rule

Kenya: Raila Revives Vote-Rigging Claims, Says His Win and That of Allies 'Stolen'

Somalia: At Least 100 Killed in Mogadishu Bombing, President Says

Somalia: Mogadishu Hit By Two Car Bombs

Zimbabwe: Media Ban Sparks Fury in Zimbabwe

South Africa: Emergency Services in South Africa Are Overwhelmed - How One Community Created Its Own

Nigeria: Analysis - How Flooding May Affect Nigeria's 2023 Elections

Kenya: Police Barred From Storming Places of Worship to Effect Arrests - Rigathi

Sudan: Nine Arrested, Art Confiscated and Destroyed in Sudan Exhibition Raid

Congo-Kinshasa: Endangered Elephants 'Eavesdrop' On Poachers in DRC

Blackfacts BETA RELEASE 11.5.3
(Production Environment)