Egypt’s Bekia Raises $765K to Put a Paper Trail on Cairo’s Cash-Only Waste Trade

Cairo’s recycling economy works. Egyptian waste technology startup Bekia has closed $765,000 in seed funding to build out its enterprise software and digitise North Africa’s fragmented recycling supply chain. Madica, the Africa-focused venture programme affiliated with Flourish Ventures, led the round, with follow-on cheques from pan-African climate investor Catalyst Fund and Dakar-based Jambaar Capital.