Browsing: Startups

MENA startups raised USD 105 million in July, the lowest monthly amount recorded so far this year, according to regional startup investor and development platform Wamda.

The Nilepreneurs Initiative for Entrepreneurship, an Egyptian startup support program, has announced the launch of four new courses for business incubators to support startups.

Stllr Network provides plug-and-play marketing models incorporating social media, SEO and media buying.

MENA region startups have raised USD 1.8 billion in investment in the first half of 2022, according to a report by MAGNITT, fintech leads the way.

An exclusive interview with GrubTech co-founder and CEO on how they plan to transform the restaurant and cloud kitchen sectors in the UAE and Egypt.

According to startup and investment platform Wamda, MENA region startups raised USD 176 million across 42 deals in May.

Egypt’s DXwand has received USD 1 million in new funding to expand its operations across the MENA region.

Timbuktoo, the headquarters of the United Nations Development Programme’s (UNDP) new innovation financing hub will be based in Kigali, Rwanda.

Startups from across the MENA region raised USD 297 million through 29 deals in April of this year.

Average funding round size for MENA startups grows by 23 percent year-on-year, Africa crosses the USD 1 billion mark for the period.