AFRICAN STARTUPS MORNING WIRE
ISSUE OF
The overnight wire, every weekday morning — the raises, launches and exits the desk judged in.
MNT-Halan shares rose 18% on their Egyptian Exchange debut following a $150 million IPO, while Tactful AI secured funding from Hatem
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MNT-Halan shares jump 18% on Egyptian stock market debut after $150m IPO
MNT-Halan shares rose 18% on their Egyptian Exchange debut after a $150 million IPO drew heavy demand, valuing its listed Egyptian business at about $745 million.
Why it matters: The 18% debut rise signals strong investor appetite for fintech listings in Egypt, valuing the listed business at approximately $745 million.
thecondia.com · 20 October
Egypt’s Tactful AI gets backing from former e& CEO Hatem Dowidar
The backing from former e& CEO Hatem Dowidar validates the agentic AI customer experience sector and provides capital for Tactful AI's expansion.
disruptafrica.com · United States · 20 October