MENA Beehive
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Brimore, Egyptian social commerce startup nets Fawry led funding
Brimore, which was founded in 2017, has developed a platform that uses the strength of individual social networks to provide…
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$4.5 M raised in pre-Series A funding round by Egyptian retail-tech startup Cartona
Cartona, a B2B e-commerce site founded in August 2020, focuses on tackling supply chain and operational issues for the fast-moving…
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$1M pre-seed funding raised by Egyptian e-health startup Sotech
Sotech, which was founded in 2020, specialises in smart IoT, trackable OOH advertising, and data collection. Through an app that…
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$1.75 M raised by Egyptian fintech startup Kashat in bridge funding round
Kashat is Egypt’s first nano lending smartphone application, founded in 2019 by Sumair Farooqui and Karim Nour. It offers short-term…
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Global investors led $120 M funding raised by Egyptian fintech startup MNT-Halan
MNT-Halan began as a two- and three-wheeler ride-hailing service in 2018, and has since grown to become Egypt’s largest and…
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B2B product launched by Egyptian beauty startup Glamera
Glamera, which launched in September 2019, allows customers to schedule appointments with hundreds of contracted providers, including salons, clinics, spas,…
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Saudi logistics company acquired Egyptian e-commerce startup FwRun
FwRun is an e-commerce fulfillment, shipping, and storage company that was founded in 2019. Because of the market demand for…
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$17.5 M raised by Nigerian tech-enabled spices exporter Agricorp in Series A funding round
Agricorp, founded in 2018 by Kenneth Obiajulu and Wale Omotimirin, has provided inputs and training on excellent agronomic practices to…
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First close of $10 M fund announced by Nigerian VC firm LoftyInc
LoftyInc Capital Management is a venture capital business with the goal of “creating an ecosystem of Africans investing in Africans…
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To expand its operations, Kenya’s CashBackApp raised $475k in pre-seed funding round
CashBackApp, founded in late 2018 by Simon Ngigi and later joined by Allan Thiga, enables fast-moving consumer goods (FMCG) firms…
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