The Food Lab, an Egyptian cloud kitchen provider, raises $4.5M pre-seed for expansion

08:05 19.04.2022
Per reports, Egyptians spend about 30% of their income on food in a $17 billion restaurant industry, one of the largest in Africa and the Middle East. Yet restaurants in this North African nation operate on thin margins due to several factors, ranging from large initial investments and high cost of rent to increasing operating expenses […]...
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