Browsing: Business

Tunisia-based edtech startup Shape has received funding from The Oman Technology Fund as part of its initiative to invest in African startups.

Flat6Labs, a MENA-focused VC firm based in Egypt, has launched a USD 95 million fund to support the growth and development of early stage tech startups on the African continent.

COFE, a UAE-based online coffee marketplace, has raised USD 15 million in funding in a round led by Wa’ed Ventures.

E-Livestock Global, a Zimbabwe-based startup that generates data on livestock, plans expansion into new markets.

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.