MENA Beehive
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$2 M secured by Egyptian logistics startup ILLA in seed funding round
ILLA, an Egyptian logistics company, has raised $2 million in initial investment to accelerate its market development and expand its…
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Third African App Launchpad Cup launched by Egypt
Egypt’s Information Technology Industry Development Agency (ITIDA) has launched the third edition of the African App Launchpad Cup, which aims…
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GoTo’s pre-IPO round to invest $400 M from an Abu Dhabi wealth fund
In its pre-IPO round, GoTo Group, Indonesia’s most well-known digital company, will receive US $400 million from an Abu Dhabi…
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$5 M funding raised by Sudanese classifieds platform Alsoug, includes Egyptian unicorn Fawry
Alsoug, Sudanese classifieds, and marketplace platform, has secured $5 million in a Series A investment led by Egyptian fintech unicorn…
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To boost growth, payments platform acquired by Nigerian retail-tech startup Alerzo
Alerzo, a Nigerian retail-tech firm, has acquired Shago Payments, a fintech company, in order to expand on its already outstanding…
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To assist low-income students SA’s DigsConnect secured Dell Foundation led $200k funding
The Michael & Susan Dell Foundation has awarded DigsConnect, a South African student housing marketplace, a ZAR 3 million (US…
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Third Google Startup Accelerator opens applications for Middle East and North Africa
Google has launched applications for the third iteration of its Businesses Accelerator: Middle East and North Africa programme, which provides…
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$5 M seed funding raised by Moroccan B2B e-commerce startup Chari for expansion
Chari, a Moroccan B2B e-commerce and finance firm, has secured a seed round of $5 million, valuing the company at…
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$350k pre-seed funding raised by Nigerian fintech startup Bitmama
Bitmama, a Nigerian fintech company, has raised $350,000 in pre-seed investment to increase its operational footprint, staff, and extend into…
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$1.2 M funding raised by Tunisian big data startup Biware
Biware, a Tunisian data management, and analysis business has secured a preliminary investment round of MAD3.5 million (US $1.2 million)…
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