Browsing: Funding

Fintech and E-commerce sectors witness unprecedented investment surge, though number of deals drop.

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

almentor raises USD 10 million in a pre-Series round as investors continue to back edtech sector.

Impact Investing Ghana begins the setup of its Ci-Gaba fund of funds as it aims to make USD 75 million available through local and international funding for Ghanaian capital providers.

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

We take a look at some of the most notable funding announcements among MENA-region startups in February.

Flat6Labs, a MENA-focused venture capital firm, has launched the Startup Seed Fund to support early stage startups in Saudi Arabia.

STV aims to accelerate the growth of tech firms through equity and debt financing and has initial commitments of over USD 150 million.

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

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.