Author: GAR STAFF
liwwa gains support from international and regional investors as smaller MENA markets see increasing activity.
MENA startups from across the region raised USD 378 million in August, a 260% increase in value, but the number of deals fell month-on-month. July saw investments of USD 105 million, the lowest amount in 2022.
Fintech accounts for 23% of VC investments in the region since 2020, according to the MENA Data Insight Report from GPCA.
Met63 will develop the plant to produce high-purity manganese sulphate monohydrate (HPMSM) samples that will be sent for testing.
The International Development Association (IDA) will fund the first Bus Rapid Transit (BRT) system and associated facilities in Mozambique’s Maputo Metropolitan Area (MMA).
Tanzania sends a delegation to Doha seeking investment in the tourism and hospitality sectors and co-operation between tourism and hospitality-related businesses.
CarLogik and 3atlana offer a range of services to vehicle owners in the UAE and Egypt respectively. The two auto-tech startups, have both announced successful funding rounds in the past two days.
“RIA” is intended to compete against large Gulf carriers and to support Saudi’s tourism and passenger transfer drive.
The Botswana Power Corporation has signed an agreement with Scatec to create a 50 MW solar power plant as part of the country’s shift to green power.
Jafza, the Jebel Ali Free Zone, generated over USD 123.8 billion in trade in 2021, a 19% increase.