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Middle East and Africa
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FMO has committed $10 million to Algebra Fund II
Algebra Ventures, an Egyptian venture capital firm, and FMO, a Dutch bank for the development of entrepreneurship, announced the signing...
Read moreThe Africa Women Innovation and Entrepreneurship (AWIEF) Forum will be held in Cairo in September of this year
On September 26-27, the Africa Women Innovation and Entrepreneurship Forum (AWIEF) will hold its annual conference and awards ceremony for...
Read moreBloom, a fintech startup in Sudan, has raised a $6.5 million seed round
Bloom, a Sudanese fintech startup, has raised $6.5 million in seed funding from Visa, Y Combinator, Global Founders Capital (GFC),...
Read moreMNT-Halan, the Egyptian fintech super app, has closed a $150 million securitized bond offering.
The largest private sector bank in Egypt, Commercial International Bank (CIB), has announced that Tasaheel, a wholly-owned subsidiary of Egyptian...
Read moreThe Moroccan Central Bank is currently working on a bill to regulate cryptocurrencies
Currently, the Moroccan central bank is working on a bill to provide a framework for regulating cryptocurrencies. Abdellatif Jouahri, the...
Read moreMNT-Halan acquires Talabeyah, an Egyptian B2B e-commerce startup
For an undisclosed sum, fintech firm MNT-Halan has acquired the Egyptian B2B e-commerce platform Talabeyah. Late last year, the startup...
Read moreJobop, a Moroccan startup, has secured a $1 million seed round
Jobop, a Moroccan startup with an on-demand platform for temporary hiring, has closed a US$1 million seed round of funding...
Read moreKhazenly, Egypt’s on-demand digital warehousing platform, has received a $2.5 million seed funding
Khazenly, a Cairo-based on-demand digital warehousing and fulfillment network, has received $2.5 million in seed funding. Leading regional venture capitalists...
Read moreIndoor Robotics has raised $15 million in a Series A round to revolutionize building monitoring and security
Indoor Robotics, a company that specializes in indoor drone technology and just introduced the TandoTM drone, has raised $15 million...
Read moreDXwand, an Egyptian AI startup, has raised $1 million in a pre-Series A round of funding
DXwand, an Egyptian company that offers conversational artificial intelligence (AI) solutions, has raised $1 million in a pre-series A round....
Read moreGOMYCODE has raised $8 million in a Series A round of funding
GOMYCODE, a Tunisian ed-tech firm, recently closed an $8 million Series A investment led by AfricInvest and Proparco through the...
Read moreWafR, a Moroccan retail tech startup, has raised $1 million in a seed round
WafR, a Moroccan retail tech startup that allows companies to broadcast smart promotions to grocers in order to boost market...
Read moreThe Big 5
