Browsing: Egypt

MENA startups raised USD 760 million in February, according to a report by Wamda and Digital Digest.

Hollydesk, an Egyptian expense management fintech, has raised USD 1 million in venture debt financing.

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.

MNT-Halan raises USD 400 million in equity and debt financing from international and regional investors, with more to come.

Paymob and Khazenly will support merchants in fully digitizing their operations as the result of a new strategic partnership.

GBarena is a leading Middle Eastern esports platform and will expand across North Africa and the GCC.

Eni has announced the discovery of a “significant” offshore natural gas field off the coast of Egypt.

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

African startups from Nigeria, Kenya, Egypt and South Africa accounted for 75% of the continent’s startup funding in 2022.