Author: GAR STAFF
AFEX: Impressive growth, expansion and efforts to support trade have been recognized in prestigious listing.
Indian startups will benefit from the trade pact between India and the UAE, as the UAE serves as a stepping stone to expand further into the Middle East and North Africa.
Egyptian VC firm Acasia Ventures leads the pre-seed investment round in Balad, a remittance-focused fintech startup in Cairo.
Tarabut Gateway, a leading open banking platform, raises USD 32 million in funding to drive financial innovation in Saudi Arabia
Quro Medical has developed a cost-effective and accessible hospital-at-home solution that integrates cutting-edge hardware and software.
Carta’s investment in Raise will provide the Kenyan fundraising platform with the resources to expand its offerings and grow its user base.
The deal aims to facilitate trade finance for African banks and their SME clients to allow them to participate in trade.
The Dangote refinery in Nigeria, Africa’s largest oil refinery, is set to be commissioned in two weeks’ time.
DisrupTech Ventures, an Egyptian early-stage venture capital fund, raises USD 5 million from Proparco to support Egypt’s fintech sector.
Nomba secures funding through Base10 Partners and Shopify to expand its reach in the African payment industry.