Egypt’s Flextock closes $3.25M in the largest pre-seed yet in MENA – TechCrunch

Flextock, one of the 10 African startups from the recent Y Combinator winter batch, has bagged an impressive pre-seed round just two months after graduation.  The five-month-old company, which helps consumers and businesses manage e-commerce and fulfillment operations —  from warehousing and logistics to delivery and cash collection — has closed a $3.25 million pre-seed…

5G for industry – coal miners could ‘wear suits and ties at work’, says Huawei chief

Huawei in February opened the Intelligent Mining Innovation Lab in Shanxi province Huawei CEO Ren Zhengfei, speaking at the opening of the company’s Intelligent Mining Innovation Lab in China’s Shanxi province, discussed how the “main goal” of 5G is enabling the digital transformation of vertical industries, including transportation hubs, ports, mines and manufacturing. The point…