Bayzat, an HR, payroll and insurance provider, closes a Series C round of USD 25 million and has raised over USD 60 million to date.
The top 50 most-funded MENA startups have been ranked by Forbes Middle East. Combined, the 50 startups raised USD 3.2 billion in 2022.
Top African startups: Digest Africa’s 100 most funded African startups
The top African startups have been ranked in Digest Africa’s “100 Most Funded African Startups” list, highlighting emerging companies across the continent.
Moove raises USD 30 million from its debut sukuk to fund the building of the largest EV ride-hailing fleet in the UAE.
AD Ports Group, Africa Finance Corp. partner on infrastructure projects
AD Ports Group and Africa Finance Corporation will work together to identify promising infrastructure projects in Africa.
LoftyInc announces final close of Afropreneurs Fund 3 at USD 14.3 million
LoftyInc Capital Management, a Lagos-based VC firm, announces the final close of its LoftyInc Afropreneurs Fund 3.
African startups raised over USD 300 million across 25 deals, up from previous months. North Africa received the lion’s share of investment.
Standard Bank Group has reported that sustained elevated global inflation has prompted further monetary tightening.
S&P affirms South Africa’s ‘BB-/B’ long- and short-term foreign currency and ‘BB/B’ long- and short-term local currency sovereign credit ratings.
Here, we speak to Diana Teoh, Head of Investment and Growth at GetFundedAfrica about their offerings and to gain insight into the startup scene and the challenges faced when startups seek investment.