CAIRO (BUSINESS WIRE) Mylerz, an Egyptian last-mile delivery and fulfillment innovation company, today announced the closing of a $9.6 million round led by Lorax Capital Partners to scale and expand their operations in Egypt and North Africa. Fawry, Egypt’s leading payment company who also participated in the round, will help bolster Mylerz’s…
Samer Gharaibeh, an ex-Aramex executive who left the international logistics firm after 23 years, founded Mylerz in 2019 to tap the growing e-commerce sector.
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CAIRO The price of groceries was going up everywhere Souad Amer checked, so it was with nervous hope that she waded into a government-subsidized market in her Cairo.