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ValU Cleared for EGX Listing in Milestone for Egyptβs Fintech Sector
Tech In Africa - May 30, 2025
ValU CEO Walid Hassouna describes the upcoming EGX debut as a significant milestone for the company. ValU received provisional approval to list on the Egyptian Exchange under ticker VALU.CA.

Egyptβs First SPAC Deal Signals New Era for Fintech Growth and Public Markets
Tech In Africa - May 26, 2025
Catalyst Partners Middle East finalized Egypt's first SPAC merger by acquiring Qardy. The transaction is valued at EGP 1.16 billion (approximately $23.15 million).

Catalyst Partners seals Egyptβs first fintech SPAC deal in $23m Qardy buyout
Techpoint Africa - May 19, 2025
Catalyst Partners Middle East (CPME) completes Egyptβs first fintech SPAC merger by acquiring Qardy for $23 million. The acquisition of Qardy is executed through a share swap, aligning with CPMEβs strategic expansion in digital lending.
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