MENA
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Funding
Egyptian Startup, SubsBase Raises $2.4m In Seed Funding Round Led By Global Ventures
SubsBase has raised $2.4 million in seed funding led by Middle East and Africa-focused venture capital firm Global Ventures with…
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Funding
Nigerian Mobility Fintech Startup Moove Raises $105m Series A2 Round To Scale Globally
Nigeria-based mobility fintech startup Moove has raised US$105 million in an oversubscribed Series A2 round to scale to seven new…
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Chefaa And Dabchy, The Only North African Startups Chosen For MENA’s First Google For Startups Accelerator
Tunisia’s “Dabchy”, an online fashion shop as well as Egyptian medicine delivery startup, Chefaa, are the only North African startups…
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Report Reveals MENA Tech Startups Raised $1-billion In 2020
A report conducted by MAGNiTT, the largest venture data platform that tracks startup investments in emerging markets has indicated that startups…
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Business
Three Months After Raising $850k, Tunisian Edtech Startup Gomycode Expands To Morocco
After station F in Paris and Algeria, Tunisian edtech startup GoMyCode is setting up in Casablanca through a new Hackerspace in the…
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Amazon Comes To North Africa, Launches Payment Services
Global ecommerce company Amazon has arrived North Africa fully and in a ground-breaking way. The trillion dollar company has announced…
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Sharif El-Badawi And Hasan Haider Leave 500 Startups To Launch Independent Fund For Startups In MENA
Sharif El-Badawi and Hasan Haider, the managing partners of 500 Startups’ Middle East & North Africa fund (500 Falcons) are…
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Startups Without Borders and Facebook partner to help entrepreneurs on the move in MENA
Startups Without Borders, a global platform for refugee and migrant entrepreneurs, has partnered with Facebook to launch ‘Boost with Facebook’…
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Robo-advisory startup Wahed closes $25M strategic funding round to expand in MENA
Wahed, a robo-advisory service that provides efficient, reliable, and accessible Shari’ah compliant investment platform to investors has raised a $25M…
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IFC invests $20mln in SPE Capital’s SPE AIF I
The International Finance Corporation (IFC) is investing up to $20 million in SPE AIF I, a fund managed by private equity…
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