Browsing: Startups
LoftyInc Capital Management, a Lagos-based VC firm, announces the final close of its LoftyInc Afropreneurs Fund 3.
African startups raised over USD 300 million across 25 deals, up from previous months. North Africa received the lion’s share of investment.
500 Global, a US-based VC firm, has partnered with ITIDA to launch investment and startup focused programs.
SmartProf is an online marketplace that aims to help families and students get the most out of tutoring.
CONIX.AI, a design tech startup founded in Egypt, uses AI solutions to enable architects and developers to generate designs.
EBRD and Egypt’s Ministry of Planning and Economic Development will sign an agreement to support six startups that focus on green issues and sustainability.
Blnk, an Egyptian fintech startup, aims to improve financial inclusion among underserved communities across the country.
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.