Climate Resilience Fund has been launched to support startups that offer sustainable agricultural and “nature-positive” climate solutions across the MENA region. The fund’s general partners are Hossam Allam in
Telkom has received a formal, non-binding proposal from Rain Telecom that would see the latter purchase the former by issuing additional Telkom shares. The proposal from Rain was received by
SWVL, an Egypt-born provider of tech-enabled mass transit solutions, through its technology deployed by mybuxi is implementing a new On-Demand Transit service inside the city limits of Belp in Switzerland.
By the end of October, mobile operator Cell C will introduce its fixed-LTE services to business partners. Deena Rajah, manager of wholesale business development at Cell C, says this. Less
Endeavor Catalyst, an investment fund, and subsidiary of the global Endeavor network has announced a $1 million investment in Chari, a Moroccan e-commerce one-stop shop.
Confirming the investment from Endeavor
The International Finance Corporation has agreed to invest $30 million (R540 million) in stock in the Pan-African telecoms and data center infrastructure company Wiocc Group.
To own an interest in
BMCE Capital Investment, a subsidiary of the BMCE Capital Group, has announced the launch of its first venture capital fund worth $4.5 million (MAD 50 million) dedicated to financing
Kenya’s leading telecommunications network, Safaricom, has extended its network coverage within Ethiopia. The fresh development comes as a large-scale user pilot in Gondar and Awoday metropolia of Ethiopia.
Safaricom
Partment, an Egyptian Proptech startup that provides co-owned second homes, has raised $1.5 million in a pre-seed round of funding. The round was led by Nclude, a Fintech fund
Contact Financial Holding, Egypt’s leading non-banking financial services company has announced a partnership agreement with Trella, a B2B tech platform and trucking marketplace, via its four subsidiaries Contact Factoring,
Ugandan fintech startup, Numida has announced its success in raising a pre-series A funding round of Twelve million three hundred thousand US dollars ($12.3 million), the funding will be
On Wednesday, Ellies Holdings issued a warning to investors, stating that it was in talks about possible acquisitions in the solar and renewable energy industries.
The business, which only a
