Egyptian online real estate platform, Sakneen has gained backing from Silicon-Valley based Incubator, Y-Combinator. Sakneen was part of Y Combinator’s Winter 2020 batch that graduated earlier this year with a virtual demo day and secured $150,000 from Y Combinator. Sakneen is an online real estate platform that will

Egyptian medicine delivery startup, Chefaa has secured a pre-Series A investment round to expand its services in the region. The investment came from US venture capital fund and accelerator 500 Startups, Saudi Arabian fund Vision Ventures, Womena, and other investors. According to the tech news site, Menabytes, the startup did

Egyptian learning platform, Zedny has rolled out to provide over 200 online courses and 400 animated video summaries in Arabic. This comes after the secured a pre-seed investment of $1.2 million from a handful of investors. The startup integrates gamification into the HR development cycle to enable individuals to

Zedny, an Arabic learning startup in Egypt has gotten an investment of $1.2million and the  assets will be coordinated to their locale wide extension The Egyptian stage has great 5,000 hours open to clients. The firm offers years-long learning and can be gotten to over the whole Middle

South African peer-to-peer solar leasing platform, Sun Exchange has secured a $3 million investment as part of its Series A round to expand into new markets across the African continent. The solar leasing platform has now closed a $4 million round with the fresh $3 million investment by the Africa

truID, South African open banking startup has raised undisclosed funding from African fintech investor, Crossfin through its investment arm, Crossfin Ventures to widen its customer base and build out its product. truID provides financial institutions and fintech with secure access to consumer banking data. Its API provides consumers with a

Fintech startup Wahed Invest has announced it has raised $25 million during a fundraising for the Islāmic Investment platform. Saudi Aramco Entrepreneurship Ventures (also called Wa’ed Ventures) the risk capital arm of Saudi Aramco, led the financing for Wahed (which means “one” in Arabic). Existing backers BECO and cue

Egyptian mental health platform, Shezlong has acquired undisclosed funds from Asia Africa Investment Consulting (AAIC), a Singapore-based investor that invests in health care startups in Africa. Other investors who participated in the round include Mohamed El Khamissy, an investor in different health and wellness startups across the Middle East, Europe,

South African, startup Merge has raised an investment of $100 000 from Nigerian investor Platform Capital. Merge is a  marketplace platform that allows start-ups and entrepreneurs to connect with a network of investors that suit their funding needs through an app and web-based platform. According to a statement by Platform

Ninety One, an Asset Management firm has introduced an R10-billion fund to help COVID-19 stricken businesses in South Africa. Ninety One has partnered with Ethos Private Equity firm to gain a commercial return while investing in businesses that are important to SA’s economy. The fund dubbed SA Recovery Fund

Early-stage investment firm, Microtraction has invested in Chaka, an Investment tool that helps Nigerians invest in publicly traded companies in the United States, Chinese and Nigerian markets from anywhere in the world. Microtraction’s mission is to accelerate Africa’s transition to a sustainable and developed economy and for that

Investment network, AUC Angels has made undisclosed investments in dental 3D printer manufacturer, Mogassam and AR furniture startup, Furnwish. The investment network led a pre-seed round for Mogassam and participated in the seed round for Furnwish. Mogassam is a B2B platform that designs, manufactures, and markets digital light processing (DLP)

Payfort, an  Amazon subsidiary of Amazon has rolled out a $272k initiative dubbed, #StartUpStayUp which aims to support start-ups and small-to-medium sized businesses SMEs in Egypt. PayFort is a United Arab Emirates-based startup that offers payment solutions to customers across the Middle East through FORT, its payments gateway. However, the

South African cashless payments startup, Sticitt has secured an investment worth $176,000 from Crucis, a local Venture Capital (VC) firm. Sticitt Ltd is a registered cashless payments provider that offers an alternative banking solution to cash, formal banking, and card-based payment. The investment will help cover the operational expenses

South African e-health startup BusyMed has secured investment from a local venture capital firm, LionPride Investment Holdings through its agility fund. The startup connects consumers directly to pharmacies through a digital platform, while giving access to online consultations and prescriptions as well as medication purchases with fast home delivery. The

African Neobank, Eversend, has successfully exceeded its initial target of €550,000 crowdfunding target through its Seedrs crowdfunding campaign. This comes after Eversend announced Its plans to hold a crowdfunding campaign on Europe’s largest equity platform, Seedrs. Eversend is an African neobank with a multi-currency e-wallet that allows people