Author: GAR STAFF

Eni has announced the discovery of a “significant” offshore natural gas field off the coast of Egypt.

Astra Tech, a UAE-based technology group, has fully acquired BOTIM, the MENA region’s leading VoIP platform.

InvestSky aims to make investing “inclusive, intuitive, and informed”. Following a successful pre-seed round, the UAE company is launching its platform.

KarmSolar is an Egypt-based cleantech specializing in solar power solutions. The new project targets the agricultural sector.

African startups face a range of challenges as the global tech industry endures an ongoing slump and the funding pool is reduced.

Millesima Technologies, a Tunisian startup, has raised the funds to develop its video-on-demand solution.

MENA startups raised USD 125 million in the last month of 2022, taking the year’s total investment to approximately USD 3.6 billion.

African startups from Nigeria, Kenya, Egypt and South Africa accounted for 75% of the continent’s startup funding in 2022.

Many African startups, like those of the MENA region, had a challenging year, however, Ventures Africa has identified five key trends seen over the year.

AD Ports Group reports an increased global presence and new agreements with port authorities and global partners.