With over $38M raised last year, Egypt's Swvl expands to Kenya

With over $38M raised last year, Egypt's Swvl expands to Kenya

    Expansion
    Ride Hailing

Last year saw Africa's early stage and technology companies raise over $686.4 million in total funding, according to the Digest Africa Index. Egypt, with $68 million, was among the top five most funded countries. But, the most significant chunk of that came from bus-sharing startup - Swvl, which is estimated to have raised over $38 million through two different funding rounds. Now, it seems that it is the right time for them to start deploying the cash. Towards the end of 2018, Swvl's co-founder and CEO, Mustafa Kandil, }

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