Egypt: Beltone Venture Capital fuels expansion plans across Africa via investment in LNKO
Beltone Venture Capital, a subsidiary of Beltone Holding, announced a strategic equity investment in LNKO, a trendsetting omni-channel D2C eyewear startup, according to a press release.
This investment aligns with Beltone Venture Capital's expansion strategy across Africa.
Ali Mokhtar, CEO of Beltone Venture Capital, said: 'This equity investment in LNKO marks a key milestone in our African expansion strategy.'
'By partnering with LNKO, we're backing a visionary company with immense growth potential. Their innovative approach to eyewear and commitment to community empowerment align perfectly with our mission to support transformative businesses across the region,' Mokhtar added.
Maha Bennani, CEO and Founder of LNKO, noted: 'We are confident that this collaboration will accelerate our vision of making high-quality, stylish eyewear accessible to even more people across the continent.'
LNKO has become a leader in the eyewear market within four years, providing stylish and affordably priced eyewear through a fully digitized value chain.
The startup has more than 100,000 customers, 10 points of sale in Morocco, and a robust online presence across 24 countries, which enables it to reshape the eyewear industry.
© 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Gulf Today
3 hours ago
- Gulf Today
Etihad, Ethiopian Airlines launch partnership
Etihad and Ethiopian Airlines activated their codeshare agreement, strengthening connectivity between Africa and Asia, Australia, and the Middle East. This bilateral partnership enhances global travel opportunities for guests, with seats available to book now. Ethiopian will start services from Addis Ababa Bole International Airport (ADD) to Zayed International Airport in Abu Dhabi (AUH) on July 15th, and Etihad Airways introducing daily flights to Addis Ababa starting 8th October. This is the first step ahead of the implementation of the groundbreaking Joint Venture agreed between Etihad and Ethiopian in March 2025 unlocking greater travel opportunities for passengers across both networks. The codeshare lets guests simplify their journeys by making a single booking with one check-in process at the start and the added convenience of having their baggage transferred to their final destination. Arik De, Etihad's Chief Revenue and Commercial Officer, said, 'By leveraging our combined networks, we are unlocking seamless travel opportunities between Africa and Asia, Australia, and the Middle East. Easy connections via Abu Dhabi and Addis Ababa, will enhance flexibility, boosting trade and tourism, and delivering unparalleled travel experiences to guests of both airlines.' Under this partnership, Etihad passengers will gain access to Ethiopian Airlines' extensive African network, with connections via Addis Ababa to 55 destinations across 33 countries, including Entebbe, Kinshasa, Kigali, Lusaka, Harare and Victoria Falls expanding their travel options across the continent. At the same time, Ethiopian Airlines passengers can book itineraries connecting to Etihad-operated flights through Abu Dhabi, with onward service to 20 key destinations across Asia, Australia, and the Middle East including Sydney, Krabi, Colombo and Phnom Penh. WAM
Al Etihad
6 hours ago
- Al Etihad
Etihad, Ethiopian Airlines start strategic codeshare partnership
9 June 2025 13:49 Abu Dhabi (Aletihad)Etihad and Ethiopian Airlines activated their codeshare agreement, strengthening connectivity between Africa and Asia, Australia, and the Middle East. This bilateral partnership enhances global travel opportunities for guests, with seats available to book will start services from Addis Ababa Bole International Airport (ADD) to Zayed International Airport in Abu Dhabi (AUH) on July 15, and Etihad Airways introducing daily flights to Addis Ababa starting October is the first step ahead of implementation of the groundbreaking Joint Venture agreed between Etihad and Ethiopian in March 2025 unlocking greater travel opportunities for passengers across both codeshare lets guests simplify their journeys by making a single booking with one check-in process at the start and the added convenience of having their baggage transferred to their final De, Etihad's Chief Revenue and Commercial Officer said: 'By leveraging our combined networks, we are unlocking seamless travel opportunities between Africa and Asia, Australia, and the Middle East. Easy connections via Abu Dhabi and Addis Ababa, will enhance flexibility, boosting trade and tourism, and delivering unparalleled travel experiences to guests of both airlines."Under this partnership, Etihad passengers will gain access to Ethiopian Airlines' extensive African network, with connections via Addis Ababa to 55 destinations across 33 countries, including Entebbe, Kinshasa, Kigali, Lusaka, Harare and Victoria Falls expanding their travel options across the continent. At the same time, Ethiopian Airlines passengers can book itineraries connecting to Etihad-operated flights through Abu Dhabi, with onward service to 20 key destinations across Asia, Australia, and the Middle East including Sydney, Krabi, Colombo and Phnom Penh. As part of its commitment to Africa's growing demand for air travel, Etihad is significantly expanding its network in 2025, introducing new destinations and increased frequencies to strengthen links across the continent.
Tourism Breaking News
7 hours ago
- Tourism Breaking News
Etihad and Ethiopian Airlines start strategic codeshare partnership
Post Views: 16 Etihad and Ethiopian Airlines activated their codeshare agreement, strengthening connectivity between Africa and Asia, Australia, and the Middle East. This bilateral partnership enhances global travel opportunities for guests, with seats available to book now. Ethiopian will start services from Addis Ababa Bole International Airport (ADD) to Zayed International Airport in Abu Dhabi (AUH) on 15 July, and Etihad Airways introducing daily flights to Addis Ababa starting 8 October. This is the first step ahead of implementation of the groundbreaking Joint Venture agreed between Etihad and Ethiopian in March 2025 unlocking greater travel opportunities for passengers across both networks. The codeshare lets guests simplify their journeys by making a single booking with one check-in process at the start and the added convenience of having their baggage transferred to their final destination. Arik De, Etihad's Chief Revenue and Commercial Officer said: 'By leveraging our combined networks, we are unlocking seamless travel opportunities between Africa and Asia, Australia, and the Middle East. Easy connections via Abu Dhabi and Addis Ababa, will enhance flexibility, boosting trade and tourism, and delivering unparalleled travel experiences to guests of both airlines.' Under this partnership, Etihad passengers will gain access to Ethiopian Airlines' extensive African network, with connections via Addis Ababa to 55 destinations across 33 countries, including Entebbe, Kinshasa, Kigali, Lusaka, Harare and Victoria Falls expanding their travel options across the continent. At the same time, Ethiopian Airlines passengers can book itineraries connecting to Etihad-operated flights through Abu Dhabi, with onward service to 20 key destinations across Asia, Australia, and the Middle East including Sydney, Krabi, Colombo and Phnom Penh. As part of its commitment to Africa's growing demand for air travel, Etihad is significantly expanding its network in 2025, introducing new destinations and increased frequencies to strengthen links across the continent.
