Browsing: Innovation

Nairobi-based CYNK debuts as the continent’s premier platform for measuring, verifying, and trading high-quality carbon credits.

Nomba secures funding through Base10 Partners and Shopify to expand its reach in the African payment industry.

Shaker Group, a major manufacturer of air conditioners and home appliances, has invested in Cashew KSA, a subsidiary of Cashew, a finance and payment app.

Fintech took the lion’s share of startup funding, but startups across the board saw growth and other sectors are on the rise.

Egyptian healthtech startup Yodawy has raised USD 16 million in the first close of its Series B round from regional and international investors.

Gameball, a customer intelligence and marketing CRM, has announced that it has raised USD 3.5 million from regional and international investors.

Google for Startups will host a 12-week program starting in March to support selected female-led startups from across Africa.

MENA startups raised USD 3.94 billion in 2022 across 795 deals, according to startup platform Wamda. Smaller and later stage deals on the up.

Cathedis, a Moroccan logistics startup has received funding from Afrimobility and CDG Invest.

Tabby, the region’s leading shopping and financial services app, is valued at USD 660 million and targets further growth.