Browsing: Finance

According to HSBC, the MENAT – Middle East, North Africa, and Turkey – region will benefit from increased business, investment and trade as trade between the Gulf Cooperation Council (GCC) and China soars.

Goolam Ballim, the Chief Economist of Standard Bank, laid out how the GCC will play a major role in Africa’s future.

Africa50 aims to address the critical shortcomings in regional infrastructure in order to create significant growth.

The Secretary General of the International Chamber of Commerce (ICC) says the organization is working to provide better access to finance for African businesses.

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.