As Africa's digital economy accelerates, organizations are struggling to keep pace with the security and compliance demands of operating across fragmented cloud environments, multiple jurisdictions, and complex regulatory
The Lagos-based financial technology company Redtech Limited, which is sponsored by Tony Elumelu's Heirs Holdings, has declared publicly its intention to raise up to $100 million in new
According to data from BD Funding Tracker, East Africa led the fundraising trail in July, with startups in the region securing 37.4% of the total funds raised.
Scalo Technologies has led a $3.5 million investment round for Hexacore, a Polish web3 mobile game publisher. Other investors that participated are Xsolla, Estoty and some angel investors.
The
UAE-based construction startup Tenderd has received an undisclosed funding round from Aramco's Wa’ed Ventures.
The investment will help Tenderd to scale its operations and develop more sustainable
UAE-based marketplace aggregator YallaHub has secured a $6 million pre-Series A round. The new round was co-led by numerous MENA-focused private investors such Fedor Ovchinnikov, founder of Dodo Brands; Regolith,
UAE-based mobility startup, ONE MOTO Technologies has raised $40 million in lease financing to accelerate its offering of electric delivery vehicles in the UAE. The round was led by Pyse
KASO, the leading B2B platform digitizing & automating procurement between restaurants and food suppliers in the Middle East, has announced it has raised $10.5 million in seed funding to fuel its mission of disrupting the food supply
UAE-based direct-to-patient digital healthcare company Alma Health has secured $10 million in a Series A funding. The round was co-led by Knuru Capital and Hambro Perks Oryx Fund. Other investors
Acorn Fintech, a South African start-up has just received funds from EPT Tech Fund, a venture capital firm. The venture capital firm is focused on emerging start-ups in Africa, aiming to secure pre-seed funds. The announcement was made on Tuesday by Joanna Govender, CEO of EPT Tech Fund.
