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Dispute between founders and board leaves Capiter in arrears to employees and creditors

The statements from Capiter’s Board and founders entail a lot of finger-pointing instead of finding a solution to pay employee salaries. ....

Saudi Arabia , Abu Dhabi , Ahmed Nouh , Majid El Ghazouli , El Ghazouli , Mahmoud Nouh , Capiter Technologies Holding Ltd , Capiter Egypt , Quona Capital , Capiter Technologies Holding ,

Top 10 most funded mobility-tech startups in MENA region

CAIRO: The shared mobility technology landscape, which includes ride-sharing, car-renting and taxi-ordering models, has been on the rise in the Middle East and North African region ever since global players such as Uber and Lyft rode a wave of success in the business. After producing several unicorns, the shared mobility market in the region is set to expand with a compound ....

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What are the repercussions of Capiter's downfall?

There was a surge in startup activity during the pandemic that saw record-breaking investment channeled to some of the region’s most. ....

Ahmed Nouh , Kareem Hemdan , Mahmoud Nouh , Majid El Gazouli , Waleed Rashad , Foundation Ventures , Shorooq Partners , Mohammed Abu Rayah ,

👨🏿‍🚀TechCabal Daily - For Queen and crypto

Since her death was announced, Coin Telegraph reports that over 40 coins and hundreds of NFTs named after Queen Elizabeth II have flooded the net. The Elizabeth token, for example, saw over $2.7 million in trade volume under 12 hours. More in #TCDaily. ....

New York , United States , South Africa , South African , Emma Sadlier , Jacquelinec Romero , Mahmoud Nouh , Cyril Ramaphosa , Babatunde Teddy Adesanya , Ahmed Nouh , Chidozie Collins Obasi , Akinpelu Abbass , Majid El Ghazouli , Us Federal Bureau Of Investigation , Paystack Storefront , Poor Joe , President Cyril Ramaphosa , Cybercrimes Act , Whatsapp Groups , App Groups , Disrupt Africa ,

Founders of Egyptian start up FIRED for funds mismanagement

Egyptian B2B e-commerce start-up Capiter, last year raised a $33 million series A round to the excitement of its board members when it was only one-year old. But this year the founders have been fired by the same board for funds mismanagement and aloofness. The board members unanimously fired the… ....

Ahmed Nouh , Majid El Ghazouli , Mahmoud Nouh ,