Browsing: investment
Money Fellows, an Egyptian fintech, raises USD 31 million as it digitizes money circles, where individuals form savings and borrowing groups.
Agrifoodtech startups in Africa have raised 1% of global agrifoodtech investment over the last 5 years, according to Agfunder.
Modus Capital plans to launch venture builders in Saudi Arabia and will focus on the e-gaming sector. Agile Ventures focuses on Saudi Arabia, the GCC and Red Sea economies.
Bumpa, a Nigerian social commerce startup, seeks to help businesses with sales across social media platforms.
Telda, an Egyptian consumer money app, has raised USD 20 million and seeks to ““revolutionize finance for the MENAP region.”
South Africa and Saudi Arabia sign MoUs to increase investment in energy, water, green hydrogen, waste diversion, and logistics.
South Africa’s president, Cyril Ramaphosa, will travel to Saudi Arabia to advance partnerships for growth and development in South Africa.
Flat6Labs is one of the region’s most active VC firms. In this exclusive interview we talk with CEO Ramez El-Serafy about the company and the startup environment in Africa.
Qatari investors will be invited to discover investment opportunities in South Africa, according to Fikile Mbalula, South Africa’s Transport Minister.
BMCE Capital Investment aims to support Moroccan startups at the Seed stage through the creation of a USD 4.5 million VC fund.