Acasia Ventures, the venture capital investment arm of Acasia Group, strengthens commitment to African market.
Nigerian logistics platform Messenger raises undisclosed amount in pre-seed funding round, poised for rapid expansion.
Logistics startup Cargoz raises undisclosed bridge round to facilitate on-demand storage solutions for SMEs in Saudi Arabia.
Egyptian VC firm Acasia Ventures leads the pre-seed investment round in Balad, a remittance-focused fintech startup in Cairo.
Tarabut Gateway, a leading open banking platform, raises USD 32 million in funding to drive financial innovation in Saudi Arabia
Quro Medical has developed a cost-effective and accessible hospital-at-home solution that integrates cutting-edge hardware and software.
Carta’s investment in Raise will provide the Kenyan fundraising platform with the resources to expand its offerings and grow its user base.
DisrupTech Ventures, an Egyptian early-stage venture capital fund, raises USD 5 million from Proparco to support Egypt’s fintech sector.
An Nisa Taxi offers safe transportation options for women and children and has gained over 10,000 users in one year.
Convergence Partners has acquired a strategic stake in 42Markets Group, an incubator, investor and builder of high-growth specialist businesses in the financial and capital markets sector.