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Egypt’s Cartona raises $8.1M even as investors pull back from B2B e-commerce in Africa

Cartona, which digitizes Egypt’s traditional trade market from mom-and-pop stores to restaurants, gets an extension after significant growth.

When Egyptian B2B e-commerce platform Cartona last raised money in 2022, global and local investors were eager to invest in African startups solving the supply chain and operational challenges for… The U.S. Commerce Department today issued a report in support of “open-weight” generative AI models like Meta’s Llama 3.1, but recommended the government develop “new capabilities” to monitor these models… Shared micromobility giant Lime is piloting two new vehicles designed to appeal to women and older folks who might appreciate a lower step-through frame, smaller wheels and an upgrade from…

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