Browsing: Startups

MENA startups have raised USD 646 million over 69 deals in October, taking 2022’s total raised to USD 3 billion over 551 deals, according to a report by Wamda and Digital Digest.

Yassir aims to provide a range of services from ride sharing to financial services and food and grocery delivery.

Payhippo, a Nigerian digital lender has acquired Maritime, enabling Payhippo to access Nigeria’s Inter-bank Settlement System.

Spotter is a Moroccan startup aiming to help companies verify cheques and assess customers’ creditworthiness.

Money Fellows, an Egyptian fintech, raises USD 31 million as it digitizes money circles, where individuals form savings and borrowing groups.

Burj Zanzibar, a 28-storey apartment tower designed using hybrid timber technology, aims to be the tallest green building in the world at 96m high.

Bumpa, a Nigerian social commerce startup, seeks to help businesses with sales across social media platforms.

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

VentureSouq, an Egypt-based VC firm, has interests across the MENA region. Here we sit with Suneel Gokhale to discuss the firm’s take on the African market.

Vezeeta, an Egypt-based health-tech firm, has raised funds from Gulf Capital and VNV Global to expand into new markets search for acquisitions.