Startups & Giants

Egypt

2 articles

Symbolic image of a golden arrow hitting a Bosta logo against an Egyptian sunset, representing a successful venture capital exit with high returns.
Funding

Beltone VC Citadel Fund exits Bosta with 75% IRR

Beltone Venture Capital and UAE-based Citadel International Holdings' joint fund recently completed its exit from Egyptian logistics player Bosta, securing a 75% internal rate of return (IRR).

Marcus Havel·May 11, 2026
Dynamic image showing the Egyptian Exchange building with digital financial data, symbolizing Egypt's new SPAC initiative boosting startup funding and public market access for local companies.
Startups

Egypt Launches SPAC Initiative to Boost National Startup Funding

Egypt's Financial Regulatory Authority has launched a new regulatory framework for Special Purpose Acquisition Companies (SPACs), establishing a new funding avenue for local companies seeking to go public. This initiative provides an alternative path to the public markets for Egyptian startups and growth-stage companies.

Marcus Havel·March 31, 2026