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BirdNest closes pre-Series A funding round

BirdNest

Egypt: Egyptian proptech startup BirdNest has closed an undisclosed – but “significant” – pre-Series A funding round as it sets its sights on further international expansion.  

OYO plans expansion into Egypt

Egypt

Egypt: OYO Hotels & Homes has set its sight on the Egyptian market, following expansions into the UAE and Saudi Arabia. OYO has reportedly been speaking with local hospitality professionals to determine their final steps. The company is aiming to take advantage of the Egyptian market during a period of post-pandemic freeze for hospitality. It […]

Airbnb targeting key growth markets in Africa for sustainable tourism strategy

Africa

Africa: Africa is becoming a key cornerstone of Airbnb’s sustainable tourism strategy with the continent containing three of its top growth markets, according to an official of the home-sharing service. More than 3.5 million customers have stayed with Airbnb hosts across the continent since the company began operating there, with roughly half of those coming […]