MENA Beehive

Ila Dhond06/11/2021
592

$26 M Series A funding secured by Egyptian grocery delivery startup Breadfast

Breadfast, an Egyptian food delivery service, has acquired $26 million in Series A investment to grow into new cities, develop…
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Ila Dhond03/11/2021
371

$9 M debt facility secured by Rwandan electric motorcycle startup Ampersand

The US International Development Finance Corporation (DFC) has granted Ampersand, a Rwanda-based electric motorbike startup, a $9 million financing facility…
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Ila Dhond28/10/2021
285

$13.1 M seed funding secured by Nigeria’s Autochek for West Africa expansion

Autochek, a Nigerian auto-tech firm, has secured a seed investment round of $13.1 million to expand its core vehicle loan…
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Ila Dhond27/10/2021
354

Egypt’s rise as an African startup powerhouse is documented in a new study

The Egyptian startup ecosystem has established itself as one of Africa’s “big four” in a very short amount of time,…
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Ila Dhond26/10/2021
373

Livspace, an Indian interior design marketplace to expand to the Middle East

Livspace will carry out its Middle East development plan through a strategic joint venture with the Alsulaiman Group (ASG), a…
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Ila Dhond25/10/2021
409

Joint business opportunities explored by India-UAE-Israel

The India-UAE-Israel Economic Summit was jointly organised by India and Israel to discuss prospects for collaboration on trilateral initiatives. The…
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Ila Dhond21/10/2021
359

$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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Ila Dhond21/10/2021
289

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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Ila Dhond21/10/2021
330

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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Ila Dhond19/10/2021
331

$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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