Egypt
Egypt: Sawari Ventures to Boost African Startups with $200 Million Fund
Egypt-based venture capital firm, Sawari Ventures, is gearing up to launch its second fund, Sawari Ventures II, in early 2025, targeting a $200 ...
Africa
Africa: Kenya and Egypt Dominate African Start-up Funding Landscape in 2024
Kenya and Egypt have solidified their positions as Africa’s top start-up funding destinations, collectively securing 75% of all investments in the third quarter ...
Africa
African Tech Startups Secure $306 Million in Q3 2024 Amid Ongoing Funding Decline
African tech startups raised $306,367,000 in funding during the third quarter of 2024, bringing the total for the first nine months of the ...
Nigeria
Nigerian Startup Regfyl Secures $1.1 Million to Simplify Business Compliance
Regfyl, a Nigerian startup that specializes in streamlining compliance processes for businesses, has raised $1.1 million in pre-seed funding. The funding round was ...
Startup
Global: Tekedia Capital Acquires Edtech Startup Quizac Shortly After Announced Shutdown
In an unexpected development, Quizac, an edtech startup that had recently announced its impending shutdown, has been acquired by the investment syndicate Tekedia ...
Egypt
Egypt Dominates MENA Startup Funding in July 2024
In July 2024, Egypt emerged as the frontrunner in startup funding within the MENA region, securing the largest investment inflows. The country’s vibrant ...
Nigeria
Nigerian Fintech Carbon Ends Debit Card Services Amid Strategic Shift
Carbon, a leading Nigerian fintech company, has announced the discontinuation of its debit card operations in Nigeria, marking a significant shift in its ...
Nigeria
Nigeria: NITDA Launches Startup Labelling Committee to Propel Nigerian Startups
The National Information Technology Development Agency (NITDA) has made a strategic move to advance the Nigeria Startup Act (NSA) by inaugurating the Startup ...
Nigeria
Nigerian Logistics Startup Renda Raises $1.9 Million in Pre-Seed Funding Round
Renda, a Nigerian logistics startup, has secured $1.9 million in a pre-seed funding round aimed at expanding its end-to-end fulfilment solutions throughout Africa. ...
Africa
Africa: Google Invites Applications for Startups AI Accelerator Africa
Google has initiated the application process for the 8th cohort of its esteemed Google for Startups Accelerator Africa program, with a notable emphasis ...