Riyadh Valley Company (RVC), the investment arm of King Saud University, has announced its investment in the Total Growth Platform launched by STV.
Fin, a South African financial services provider, has acquired housing finance provider Thuthukani to create Fin Home Loans.
Fintech took the lion’s share of startup funding, but startups across the board saw growth and other sectors are on the rise.
InvestSky aims to make investing “inclusive, intuitive, and informed”. Following a successful pre-seed round, the UAE company is launching its platform.
African startups face a range of challenges as the global tech industry endures an ongoing slump and the funding pool is reduced.
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.
Mahaseel Masr, the MENA region’s first B2B digital fresh produce platform, has raised funding from EICC, the investment arm of…
Manafa, a Saudi crowdfunding platform, raises USD 28 million in a round led by STV and Wa’ed Ventures.