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.
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.
Fintech accounts for 23% of VC investments in the region since 2020, according to the MENA Data Insight Report from GPCA.
DP World, Dubai’s major operator of ports and terminals, announced revenue growth of 60.4% in H1 2022, recording revenues of USD 7.93 billion.
Backed by local and international capital, Cartona seeks to “turbo charge” expansion.