Browsing: Startups
African startups have more than doubled the amount of debt they raised in 2022, defying an international slump in startup financing.
InvestSky aims to make investing “inclusive, intuitive, and informed”. Following a successful pre-seed round, the UAE company is launching its platform.
African startups from Nigeria, Kenya, Egypt and South Africa accounted for 75% of the continent’s startup funding in 2022.
Many African startups, like those of the MENA region, had a challenging year, however, Ventures Africa has identified five key trends seen over the year.
Mahaseel Masr, the MENA region’s first B2B digital fresh produce platform, has raised funding from EICC, the investment arm of…
Bayzat, an HR, payroll and insurance provider, closes a Series C round of USD 25 million and has raised over USD 60 million to date.
The top 50 most-funded MENA startups have been ranked by Forbes Middle East. Combined, the 50 startups raised USD 3.2 billion in 2022.
CheckMe has acquired a majority stake in DoctorOnline. The deal took between the two healthtechs took place through Exits MENA.
The top African startups have been ranked in Digest Africa’s “100 Most Funded African Startups” list, highlighting emerging companies across the continent.
Egyptian startup Suplyd raises USD 1.6 million in order to further digitize the country’s HORECA supply chain.