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News - Middle East And North Africa
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Opontia raises $20 million in a seed round to acquire and expand Middle Eastern and African e-commerce brands.
In a seed round, Opontia, a Dubai-based business that acquires and expands e-commerce companies, raised $20 million in debt and...
Read moreArabic e-learning Platform, Almentor Raises $6.5 Million in series B funding
Almentor, an online video learning platform based in the United Arab Emirates, has raised $6.5 million in series B funding,...
Read moreMozare3, an Egyptian agtech startup, has raised over $1 million in seed funding to help small farmers gain access to markets and loans
Mozare3, an Egyptian agricultural technology firm, has secured over $1 million in a pre-seed round led by Algebra Ventures and...
Read moreEgypt leads the Middle East and North Africa region in the Kearney Global Services Location Index 2021, ranks 15th globally
In the latest Kearney report, dubbed "Global Services Location Index 2021," (GSLI) Egypt scored 5.62 % to retain its leading...
Read moreFlat6Labs Accelerator has closed a $13.2 million fund to fund early-stage startups
Flat6Labs Accelerator, a regional Seed accelerator, has announced the second close of its Egypt fund, which has increased from $3.1...
Read moreHomzmart, an Egypt-based marketplace platform, has raised $15 million in a Series A funding round to help it expand
Homzmart, a furniture and home goods marketplace platform in the Middle East, has closed a US$15 million Series A funding round...
Read moreBosta, an Egyptian eCommerce delivery company, has raised $6.7 million in a Series A round
Bosta, an Egyptian logistics and last-mile delivery company, has raised a US$6.7 million Series A funding round to boost its...
Read moreTelda, an Egyptian-based digital banking app, has received a $5 million pre-seed investment
Sequoia Capital led a $5 million Pre-Seed funding round for Telda, a Cairo-based digital banking app, with participation from Global...
Read moreGoMyCode, a Tunisian edtech startup, has expanded into more African markets
GoMyCode, a Tunisian edtech company, has expanded its operations to Algeria, Morocco, Nigeria, Ivory Coast, and Egypt, as well as...
Read moreOrange is expanding its solar projects in Africa and the Middle East to reduce its carbon footprint
Orange is installing creative solar systems and the next generation batteries with energy partners in some of its subsidiaries. To...
Read moreFlextock, an Egyptian logistics startup, has secured $3.25 million in pre-seed funding to expand across the Middle East and North Africa region
Flextock is a Middle East-based tech-enabled e-commerce fulfillment company that tracks, packages, and ships goods for retailers looking to start...
Read moreGIZ Egypt has launched a USD120 million funding program for venture capital funds that are just getting started
GIZ Egypt has unveiled a USD120 million funding program called "VC University," in collaboration with the Egyptian Micro, Small and...
Read moreThe Big 5
