Browsing: Business

The top African startups have been ranked in Digest Africa’s “100 Most Funded African Startups” list, highlighting emerging companies across the continent.

Muqbis, an Egyptian handcrafts marketplace, has raised an undisclosed amount in a pre-Seed round by Nama Ventures.

Egyptian startup Suplyd raises USD 1.6 million in order to further digitize the country’s HORECA supply chain.

Saudi’s Jumlaty and Egypt’s Appetito, two eGrocery startups, have merged to create a new company, NOMU. The new company is present in four countries.

Strike action by the South African State-owned Transnet rail, port and pipeline company is impacting logistics, supply chains and the country’s reputation.

Dubai International Chamber now operates representative offices in 15 countries in order to foster international business and investment.

Moove raises USD 30 million from its debut sukuk to fund the building of the largest EV ride-hailing fleet in the UAE.

Justyol, a Morocco-based ecommerce platform, has raised USD 350,000 in a pre-seed investment following an earlier investment of USD 100,000 from Earn Rocket Investment.

Seedstars, a Switzerland-based international investment firm, aims to foster investment across emerging markets across a range of sectors.

Calo, a Bahrain-based foodtech, raises USD 13 million from regional investors, bringing to investment to date to USD 26.5 million.