British International Investment (BII), the development finance institution (DFI) and impact investor of the UK, along with Stanbic Bank Kenya (a member of the Standard Bank Group), have pledged their
Achieving success is a pursuit that necessitates a clear vision and guidance. This is why accelerator programs are crucial, as they provide the opportunity to transform ideas and innovation into
UAE-based logistics startup Cargoz has secured an undisclosed bridge funding round from Nama Ventures, RAZ Group and other angel investors from the UAE and Saudi Arabia. Cargoz plans to use
Egypt-based Internet of Things (IoT) startup CardoO, has rolled out its first IoT-Enabled Smartwatch. The rollout follows CardoO’s closing of a $660,00 seed round from Alexandria Angel Network,
Turkey-based AI marketing platform Insider secures $105 million in new funding round. The fresh investment came from existing investors: Qatar Investment Authority and Esas Private Equity. This comes after the
It is widely assumed that most African startup founders regard funding as a means to an end. Rather than investment tied to a specific goal, it is viewed as a
This week is packed with diverse events in the African ecosystem. From SA SME raising $ 30 million to Paymob obtaining certification for its operation in Saudi Arabia. Read these and
Artificial Intelligence (AI) has become a transformative force across the globe, and Nigeria stands out as one of the biggest adopters of AI technology in Africa. A 2022 report by
Yemen, like many other countries, has been facing a severe water crisis for many years, with limited access to clean water and issues of water scarcity. The Yemeni water crisis
Digital solutions powerhouse of Zain Group, ZainTech has acquired Adfolks, a UAE-based cloud engineering firm that offers a range of cloud transformation services. The acquisition falls in line with ZainTech’
Nigeria’s fintech startup ecosystem has achieved a remarkable milestone with the inclusion of eleven Nigerian fintech startups in the finals of the AWS Fintech Africa Accelerator cohort. Out of
The MENA region constitutes some interesting ecosystems. While some countries compete to attain and remain A-list ecosystems, some are still in struggles of trying to build, develop, or scale theirs.
