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AI Speech Startup Receives $500k in Funding
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Americas

AI Speech Startup Receives $500k in Funding

Jul 17, 2024 1 min read
Oman's Climate Tech Startup 44.01 Secures $37M in Series A Funding
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Oman's Climate Tech Startup 44.01 Secures $37M in Series A Funding

44.01, an Oman-based climate tech startup, has raised $37 million in a Series A funding round co-led by Equinor Ventures and Shorooq Partners. The funding round also saw participation from Air Liquide Venture Capital (ALIAD), Alumni Ventures, Amazon’s Climate Pledge Fund, Climate Investment, Innovation Development Oman, Planet A
Jul 16, 2024 2 min read
Kristin Wilson on the Innovate Africa Fund's Bold Mission to Tackle African Startups Biggest Challenges
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Exclusive Interview

Kristin Wilson on the Innovate Africa Fund's Bold Mission to Tackle African Startups Biggest Challenges

Jul 15, 2024 4 min read
Nigerian Court Set October for  Binance Tax Evasion Trial
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Nigerian Court Set October for Binance Tax Evasion Trial

A Federal High Court in Nigeria has set October 11, 2024, as the commencement date for the trial against the cryptocurrency exchange giant Binance.
Jul 15, 2024 1 min read
Kenya Leads African Startup Funding in the First Half of 2024: Factors Behind Success
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Features

Kenya Leads African Startup Funding in the First Half of 2024: Factors Behind Success

Over the past few years, venture capital (VC) funding in Africa has been unevenly distributed among its 54 countries. The “Big Four” tech ecosystems—Kenya, Nigeria, Egypt, and South Africa—have consistently attracted more than 70% of the continent's total funding. In 2023, these four nations accounted for
Jul 11, 2024 3 min read
NALA Secures $40M in Series A Funding, Marking a Milestone for the Tanzanian Tech Ecosystem
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News Analysis

NALA Secures $40M in Series A Funding, Marking a Milestone for the Tanzanian Tech Ecosystem

Jul 10, 2024 2 min read
Innovate Africa Launches a $2.5M Angel Fund for Early-Stage Africa-Focused Startups
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Press Release

Innovate Africa Launches a $2.5M Angel Fund for Early-Stage Africa-Focused Startups

Jul 10, 2024 4 min read
MENA VC Funding Dips by Nearly Half to $882 Million in H1 2024
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MENA

MENA VC Funding Dips by Nearly Half to $882 Million in H1 2024

MENA startups witnessed a VC funding declined from $1.6 billion in H1 2023 to $882 million (-46%) in the first six months of 2024.
Jul 9, 2024 3 min read
UAE’s Agri-focused Fintech Maalexi Secures $1M Investment from Stride Ventures
Daily

UAE’s Agri-focused Fintech Maalexi Secures $1M Investment from Stride Ventures

Maalexi, a UAE-based fintech startup specializing in agriculture, has successfully raised $1 million in venture debt from Stride Ventures, an Indian venture debt firm. This investment marks a significant milestone for Stride Ventures' international strategy and highlights its broader commitment to the GCC region. The new funding will accelerate
Jul 9, 2024 2 min read
Revolutionizing International Travel for Africans: The Role of African TravelTech Startups
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Features

Revolutionizing International Travel for Africans: The Role of African TravelTech Startups

Jul 8, 2024 4 min read
EXITS MENA Expands into Saudi Arabia in a Strategic Move to Foster Regional Innovation and Growth
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New Analysis

EXITS MENA Expands into Saudi Arabia in a Strategic Move to Foster Regional Innovation and Growth

Jul 5, 2024 3 min read
India’s CoinDCX Acquires BitOasis to Tap into the MENA Crypto Market
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News Analysis

India’s CoinDCX Acquires BitOasis to Tap into the MENA Crypto Market

Jul 4, 2024 3 min read
African Tech Startups Face a Funding Winter: Analyzing the H1 2024 VC Landscape
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Features

African Tech Startups Face a Funding Winter: Analyzing the H1 2024 VC Landscape

The first half of 2024 has marked a challenging period for African tech startups, with venture capital (VC) funding hitting its lowest point since H2 2020, ($780 million) representing a 31% decline from the second half of 2023 and an even steeper 57% drop compared to H1 2023.
Jul 4, 2024 5 min read
Egypt’s El Kheta Secures $400k in Funding to expand online education opportunities in Egypt
Daily

Egypt’s El Kheta Secures $400k in Funding to expand online education opportunities in Egypt

Egypt-based edtech startup, El Kheta has secured $400k in funding from EdVentures, a strong supporter of Edutech startups in the MENA region. Founded in 2019, El Kheta provides a platform with tailored curricula for students, and the opportunity to create a personalized study plan that fits their schedule. EdVenutures, launched
Jul 4, 2024 1 min read
Colombian Fintech Startup Minka Expands into Africa, Signaling Growing Interest from Latin American Startups
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New Analysis

Colombian Fintech Startup Minka Expands into Africa, Signaling Growing Interest from Latin American Startups

Jul 3, 2024 2 min read
SNPIT Partners Astar Network to Transform Blockchain-Integrated Photography and NFT Marketplaces
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Press Release

SNPIT Partners Astar Network to Transform Blockchain-Integrated Photography and NFT Marketplaces

Jul 3, 2024 2 min read
UAE’s Lyvely Secures License from RAK DAO to Become MENA’s First-Ever Licensed SocialFi Platform
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Press Release

UAE’s Lyvely Secures License from RAK DAO to Become MENA’s First-Ever Licensed SocialFi Platform

Jul 2, 2024 3 min read
Saudi Edtech Jeel Secures Seven-Figure Seed Funding to Revolutionize Edutainment for Arab Youth
Daily

Saudi Edtech Jeel Secures Seven-Figure Seed Funding to Revolutionize Edutainment for Arab Youth

Jeelin , a trailblazer purposeful edutainment digital content for children, adolescents, parents, and educators in the MENA region, has announced the successful close of a seven-figure dollar seed funding round from Razm Investments alongside a consortium of angel investors. The startup will leverage this investment to boost its presence in the
Jul 2, 2024 2 min read
valU Closes 10th Securitized Bond Issuance at $25M, Marking a Milestone for Fintech in MENA
New Analysis

valU Closes 10th Securitized Bond Issuance at $25M, Marking a Milestone for Fintech in MENA

valU, a leading fintech startup in the Middle East and North Africa (MENA), has today announced the successful closing of its 10th securitized bond issuance, valued at $25 million (EGP 1.2 billion). This issuance is part of an extended securitization program worth EGP 9.0 billion and signifies a
Jul 1, 2024 3 min read
Meet Warwick Sneider, Helping South African Financial Brands Achieve Regulatory Compliance
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Daily

Meet Warwick Sneider, Helping South African Financial Brands Achieve Regulatory Compliance

Jun 28, 2024 2 min read
Saudi Ad Tech Startup Sweply Raises $2M in Seed Round to Accelerate Growth and Innovation
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Saudi Ad Tech Startup Sweply Raises $2M in Seed Round to Accelerate Growth and Innovation

Sweply, a burgeoning ad tech startup based in Saudi Arabia, has successfully secured $2 million (7.5 million SAR) in a seed funding round with significant participation from Sanabil 500 Global and Salla. This investment marks a pivotal moment for Sweply as it aims to revolutionize digital advertising in the
Jun 27, 2024 2 min read
Smpl Holdings Launches a $10M Fund to Empower Tech and AI Startups Across MENA
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MENA

Smpl Holdings Launches a $10M Fund to Empower Tech and AI Startups Across MENA

Jun 26, 2024 3 min read
Comfi Secures $5M in Debt Funding to Revolutionize B2B Payments in the UAE, KSA
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MENA

Comfi Secures $5M in Debt Funding to Revolutionize B2B Payments in the UAE, KSA

Jun 25, 2024 2 min read
Egypt's Connect Money Secures $8M Seed Funding to Roll Out a One-Stop-Shop Embedded Finance Platform
Daily

Egypt's Connect Money Secures $8M Seed Funding to Roll Out a One-Stop-Shop Embedded Finance Platform

Connect Money, an Egyptian-based banking-as-a-service (BaaS) platform focusing on embedded finance services, has secured $8 million in seed funding co-led by Egypt-based VCs DisrupTech Ventures, Algebra Ventures, and Lorax Capital Partners, with participation from One Stop Capital and MDP. Founded early this year by Ayman Essawy, Wadi Jalil, and Abdelaziz
Jun 25, 2024 3 min read
Flutterwave Refocuses on Core Business, Restructures Workforce
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Daily

Flutterwave Refocuses on Core Business, Restructures Workforce

Jun 24, 2024 2 min read
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