Browsing: Africa

Flat6Labs, a MENA-focused VC firm based in Egypt, has launched a USD 95 million fund to support the growth and development of early stage tech startups on the African continent.

GrowthAfrica, a Kenya-based accelerator platform, has opened applications for its 2023 program and seeks cohorts from five states.

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.

KarmSolar is an Egypt-based cleantech specializing in solar power solutions. The new project targets the agricultural sector.

African startups face a range of challenges as the global tech industry endures an ongoing slump and the funding pool is reduced.

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.

AD Ports Group reports an increased global presence and new agreements with port authorities and global partners.

CheckMe has acquired a majority stake in DoctorOnline. The deal took between the two healthtechs took place through Exits MENA.