Browsing: investments

COREangels, an international community of angel funds and investors, has announced the launch of COREangels MEA, targeting early-stage startups in the Middle East and Africa.

Manafa, a Saudi crowdfunding platform, raises USD 28 million in a round led by STV and Wa’ed Ventures.

LoftyInc Capital Management, a Lagos-based VC firm, announces the final close of its LoftyInc Afropreneurs Fund 3.

MENA startups from Egypt, Saudi and the UAE stood out this October, with fintech, e-commerce and logistics standing out.

Agrarius Sustainability Engineered has listed Africa’s first Shari’ah-compliant sustainability-linked Sukuk on the Johannesburg Stock Exchange.

MaxAB, an Egyptian food and grocery B2B e-commerce platform closes pre-Series B round with support from international investors.

The African Domestic Bond Fund listing follows its primary US dollar listing on the Mauritius Stock Exchange in 2018.

Agrifood tech startups in Africa have raised USD 1.1 billion over 5 years, according to Agfunder.

Exits.me aims to provide an online platform to ease M&As and investments and aid MENA SMEs and startups.

Fintech accounts for 23% of VC investments in the region since 2020, according to the MENA Data Insight Report from GPCA.