44.01, an Oman-based climate tech startup, has raised $37 million in a Series A funding round co-led by Equinor Ventures and Shorooq Partners. The funding round also saw participation
Over the past few years, venture capital (VC) funding in Africa has been unevenly distributed among its 54 countries. The “Big Four” tech ecosystems—Kenya, Nigeria, Egypt, and South Africa—
Maalexi, a UAE-based fintech startup specializing in agriculture, has successfully raised $1 million in venture debt from Stride Ventures, an Indian venture debt firm. This investment marks a significant milestone
The first half of 2024 has marked a challenging period for African tech startups, with venture capital (VC) funding hitting its lowest point since H2 2020, ($780 million) representing a 31% decline from the second half of 2023 and an even steeper 57% drop compared to H1 2023.
