Streameast, the most popular and largest illicit live sports streaming network, was shut down following a coordinated law enforcement action conducted by Egyptian authorities last month, an antipiracy coalition of entertainment companies announced Wednesday. Egyptian authorities seized infrastructure powering Streameast and arrested two operators at their residences in El-Sheik Zaid, Egypt, a spokesperson for the…
Category: Egypt
Africa, Egypt, Global Security News, Nawy, PropTech, Real estate
Egypt’s Nawy, the largest proptech in Africa, raises $52M to take on MENA
For decades, buying property in Egypt meant navigating a fragmented real estate market, relying on personal networks, dealing with commission-driven brokers, and facing developers more focused on selling than serving customer needs. In 2019, Mostafa El Beltagy co-founded Nawy to bring transparency and efficiency to the market. Now positioning itself as Africa’s largest proptech platform,…
Africa, Egypt, Global Security News, Nawy, PropTech, Real estate
Egypt’s Nawy, the largest proptech in Africa, lands a $52M Series A to take on MENA
For decades, buying property in Egypt meant navigating a fragmented real estate market, relying on personal networks, dealing with commission-driven brokers, and facing developers more focused on selling than serving customer needs. In 2019, Mostafa El Beltagy, Abdel-Azim Osman, Ahmed Rafea, Mohamed Abou Ghanima, and Aly Rafea founded Nawy to bring transparency and efficiency to…
Africa, Egypt, Fintech, Global IT News, Global Security News, MENA, MoneyHash, payment orchestration
MoneyHash, which provides single access to payment services in MENA, banks $5.2M
When merchants or companies launch online, they typically start by partnering with one or two payment processors. But as they grow and expand into new regions, they often need to onboard additional payment partners to meet different customer (and sometimes regulatory) needs, a process that comes with some hurdles. That’s given rise to companies to…