Author: GAR STAFF

EchoVC, a Lagos-based VC firm, has launched EchoVC Chain, an 8 USD million “pilot” blockchain-focused seed fund.

Impact Investing Ghana begins the setup of its Ci-Gaba fund of funds as it aims to make USD 75 million available through local and international funding for Ghanaian capital providers.

Baims is an ed-tech startup that seeks to offer a range of courses and services to students across MENA.

MENA startups raised USD 760 million in February, according to a report by Wamda and Digital Digest.

YMO is a Guinean fintech in the mobile payment sector that aims to improve financial inclusion. The company aims to use the funds to expand across West Africa.

Kenyan incubator and impact investor Villgro Africa plans to launch a Biotech Innovation as part of its regional expansion plans.

Emkan Capital, a Saudi VC firm focused on early-stage tech startups across the MENAP region and the GCC, has closed its inaugural USD 31 million fund.

We take a look at some of the most notable funding announcements among MENA-region startups in February.

Amwal, a Saudi fintech that seeks to improve how money is authenticated, gains USD 2.5 million in investments.

Tanzania and the UAE have held talks around strengthening trade and investment relations between the two countries.