Browsing: Startups
The Ocean impact-focused accelerator by OceanHub Africa has selected one South African and five Nigerian startups as its 2022 cohort.
MENA startups raised USD 173 million last month as investment levels continue to fall in 2022, according to WAMDA and Digital Digest.
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.
Algebra Ventures’ second fund completes its first close at USD 100 million and will make its final close in Q1 2023.
BMCE Capital Investment aims to support Moroccan startups at the Seed stage through the creation of a USD 4.5 million VC fund.
Further Ventures, a new investment company, will focus on fintech and supply chain startups as well as building digital assets.
Agrifood tech startups in Africa have raised USD 1.1 billion over 5 years, according to Agfunder.
Elevatus raises funds with support from Global Ventures, Wa’ed Ventures and the Oman Technology Fund Venture.
erad, a Saudi-based fintech, gains support from regional investors to provide growth capital for regional online businesses.
The Nigerian tech startup scene has attracted the highest levels of tech startup funding across Africa, with fintech leading the way, according to Disrupt Africa, a startup-focused research platform.