Morni invests $10 million in Egypt to acquire mobility startups

Morni invests $10 million in Egypt to acquire mobility startups

Press release 

Egypt-based fintech investment platform Exits.me finalised a new buy-side mandate with KSA-based Morni Holding earlier this month in Dubai, UAE, in the presences of Exits.me CEO and co-founder Mohamed Abu El Naga and Salman Al-Suhaibaney founder and Chief Commercial Officer of Morni Holding. With a cascade of promising opportunities, the Egyptian market provides an attractive investment ground for new and existing value chains. This lucrative market has driven multiple global and regional investors to increase their investment in Egypt. In light of their expansion plans across the region, Morni plans to invest $10 million in Egypt from now until 2030