Author: GAR STAFF

Tawseel, a Yemeni food delivery startup, has secured funding from Dubai’s Numu Capital and will scale its operations within Yemen.

Google for Startups will host a 12-week program starting in March to support selected female-led startups from across Africa.

The fourth edition of the Zurich Innovation Championship aims to attract startups looking to collaborate with Zurich on the future of insurance.

MNT-Halan raises USD 400 million in equity and debt financing from international and regional investors, with more to come.

Paymob and Khazenly will support merchants in fully digitizing their operations as the result of a new strategic partnership.

Qatar and Morocco have finished the second round of talks on a free trade agreement designed to encourage cooperation between businesses in the two countries.

MENA startups raised USD 3.94 billion in 2022 across 795 deals, according to startup platform Wamda. Smaller and later stage deals on the up.

Kenyan digital automotive commerce company Autochek has acquired Morocco’s KIFAL Auto for an undisclosed amount, as the company moves into the automotive market space in North Africa.

Wafeq raises funds from Raed Ventures and Wamda Capital to accelerate North Africa entry and GCC expansion. 

African startups have more than doubled the amount of debt they raised in 2022, defying an international slump in startup financing.