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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3758516 | Tags:

Customer intelligence and marketing CRM platform Gameball raises $3.5m seed round for international expansion
Published: 17-02-2023 | 08:15:00 | By: Pie Kamau
Gameball, the all-in-one customer intelligence and marketing CRM platform for consumer brands, has announced the completion of a $3.5 million fundraise to accelerate its international expansion.


Nigerian fintech Flutterwave expands into North Africa with new Egypt payments licenses
Published: 10-02-2023 | 08:48:00 | By: Pie Kamau
Flutterwave, Africa's payments technology company, has announced that it has received its Payment Services Provider and Payments Facilitator licenses in Egypt.


Egyptian digital logistics startup Khazenly raises $2.5 million in seed funding to drive product development
Published: 15-06-2022 | 17:38:15 | By: Bob Koigi
Proceeds will be used to develop Khazenly’s products and services, and quadruple its existing facilities. Geographical expansion will also be supported as Khazenly continues its rapid growth trajectory during 2022.


IFC invests in Algebra Ventures to support Egyptian tech startups, drive innovation
Published: 21-04-2022 | 11:18:00 | By: Pie Kamau
To support tech startups with access to finance and drive innovation and job creation primarily in Egypt, IFC announced an investment in the second fund from venture capital firm Algebra Ventures.


Egyptian e-Sport startup Eksab raises $3m seed funding to scale its fantasy football platform
Published: 30-03-2022 | 10:41:00 | By: Pie Kamau
Cairo-headquartered e-Sport startup has raised $3 million seed funding round, bringing the company’s total investment to date to $3.7 million.


Healthtech startup Altibbi raises $44m to scale growth across the MENA region
Published: 29-03-2022 | 13:03:00 | By: Pie Kamau
Middle East’s AI-based digital health platform Altibbi, has raised $44 million in Series B fund funding led by Foundation Holdings, Hikma Ventures and existing investors Global Ventures and DASH Ventures.


MENA's c-Commerce startup Zbooni launches in Egypt
Published: 16-02-2022 | 09:59:00 | By: Pie Kamau
Zbooni, MENA's c-Commerce (connected commerce) platform, has announced its official launch in Egypt. The rapidly scaling startup, which is backed by regional and global investors, will support the backbone of the Egyptian economy.


Egyptian digital investment startup Thndr raises $20m to democratize investing in the MENA region
Published: 09-02-2022 | 11:58:00 | By: Pie Kamau
Thndr, the Egyptian digital investment platform, announced a new $20 million series A investment round co-led by Tiger Global, BECO Capital and Prosus Ventures.


Asia's banking infrastructure startup M2P Fintech raises $56m to accelerate global expansion
Published: 25-01-2022 | 15:31:00 | By: Pie Kamau
M2P Fintech, Asia's financial Infrastructure company, announced a $56 million Series C1 raise led by New York-based global private equity and venture capital firm Insight Partners with participation from MUFG Innovation Partners.


Orange Ventures seed challenge opens applications for Egyptian fintech startups
Published: 10-01-2022 | 13:25:00 | By: Pie Kamau
Orange Ventures has opened applications for its Seed Challenge that will see the VC form award one fintech startup from Egypt with $570,000 in funding.


Egyptian fintech startup Sympl raises $6 million to accelerate growth of its merchant network
Published: 10-12-2021 | 10:11:37 | By: Bob Koigi
Sympl will use the proceeds to accelerate the growth of its merchant network to serve multiple product and service categories across online and in-store merchants as well as improving the product offering to better serve the platform customers.


Egyptian fintech startup KlickIt closes first investment round to further develop its platform
Published: 06-12-2021 | 15:27:25 | By: Pie Kamau
Egyptian fees management and digital collection platform, KlickIt, announced the closing of its first investment round to further develop its platform. The round was led by EFG Finance and Camel Ventures, the venture capital arm of dfin Holdings.


Crypto Valley Venture Capital initiates investment strategy to build blockchain accelerator for African startups
Published: 18-11-2021 | 10:32:00 | By: Pie Kamau
African blockchain disruptors and early-stage startups have joined CV Labs Global Incubation Program Batch 03. The African contingent of incubatees is reflective of Crypto Valley Venture Capital’s (CV VC) global investment strategy.


Egyptian healthtech startup Sotech raises $1m in pre-seed funding to fuel growth
Published: 21-09-2021 | 08:43:00 | By: Pie Kamau
Sotech, an Egyptian e-health startup that specializes in smart IoT, trackable OOH advertising, and data gathering has raised $1 million in pre-seed funding round to scale its operations into the rest of the MENA region.


Egyptian B2B e-commerce startup MaxAB acquires distribution platform WaystoCap
Published: 25-08-2021 | 13:05:58 | By: Bob Koigi
MaxAB, Egyptian B2B e-commerce platform that serves food and grocery retailers, has acquired WaystoCap, the Morocco-based B2B e-commerce and distribution platform that connects retailers with suppliers across Africa.


Arab Bank launches its fintech accelerator program for startups in Egypt
Published: 24-08-2021 | 14:42:27 | By: Pie Kamau
Arab Bank launched its fintech-focused corporate accelerator program “AB Accelerator” in Egypt, following its successful launch in Jordan back in 2018.


Egyptian social e-Commerce startup Taager raises $6.4m seed round
Published: 20-07-2021 | 14:28:00 | By: Pie Kamau
Taager, an Egyptian social e-Commerce startup raised a $6.4 million seed funding round to help it scale its platform and expand across the Middle East.


Banque Misr partners with Microsoft to support fintech startups in Egypt
Published: 14-07-2021 | 12:11:00 | By: Pie Kamau
Banque Misr signed a Memorandum of Understanding (MoU), with Microsoft Egypt to launch the first open innovation program in the Egyptian market, enabling a spurt in fintech startup growth.


Early-stage investor DFS Lab announces fintech and digital economy design sprint for startups in Egypt
Published: 25-02-2021 | 09:09:00 | By: Pie Kamau
Early-stage investor DFS Lab announced it will facilitate a virtual design sprint in March 2021 for fintech startups in Egypt. The sprint is hosted by the Central Bank of Egypt, in collaboration with the Financial Regulatory Authority.


Egypt’s life science startup Nawah Scientific raises $1m round for market expansion
Published: 13-01-2021 | 08:22:00 | By: Pie Kamau
Egyptian life science startup Nawah Scientific announced the the closing a second pre-series A round of $1 million in mixed equity and debt capital, raising its total funding to $2 million.


Egyptian telemedicine startup Docspert Health secures funding round for geographical expansion
Published: 13-01-2021 | 08:03:00 | By: Pie Kamau
Docspert Health, a telemedicine startup with operations in the UK and Egypt, announced it has successfully closed Six-Figure USD investment in seed funding from Flat6Labs and a group of angel investors in the UK and USA.


ITIDA, AUC Venture Lab kick off Startup Launchpad to enrich Egyptian entrepreneurship ecosystem
Published: 25-11-2020 | 16:02:00 | By: Pie Kamau
ITIDA (IT Industry Development Agency) and AUC Venture Lab announced their collaboration on Startup Launchpad, a capacity-building program that empowers entrepreneurs as they launch their technology startups.


Ibnsina Pharma acquires 75% stake in Egyptian health and beauty products startup 3elagi
Published: 18-11-2020 | 10:25:12 | By: Pie Kamau
Ibnsina Pharma signed an agreement to acquire 75% stake in Egyptian health and beauty products startup 3elagi Tech, a platform that links pharmacies with patients to order medicines and cosmetics online.


Egyptian last-mile delivery startup dreevo launches operations with pre-seed funding from EF Logistics
Published: 14-10-2020 | 16:11:00 | By: Pie Kamau
Egyptian last-mile delivery focused startup dreevo raised a six figure US dollar in a bootstrap, pre-seed funding round from EF Logistics, a third party logistic services provider, to introduce agile and affordable technological solutions.


IFC helps boost clean tech startups in Egypt, enables farmers switch to solar
Published: 15-07-2020 | 12:41:00 | By: Pie Kamau
IFC is joining forces with the National Bank of Egypt and MSMEDA to strengthen the clean technology entrepreneurship sector and boost Egyptian farmers’ access to finance for solar irrigation.


[Startup Interview] Katlego Malatji, CEO, ProjectOne Engineering, South Africa
Published: 30-06-2020 | 12:52:00 | By: Pie Kamau
Katlego Malatji is the CEO of ProjectOne, a South African based innovative engineering consultancy company that focuses on 4IR projects in manufacturing.


Egypt fintech startup MoneyFellows nabs $4 million to drive financial inclusion
Published: 26-06-2020 | 13:18:00 | By: Bob Koigi
Egyptian fintech startup MoneyFellows has secured $4 million in Series A investment from venture capital firms Partech and Sawari Ventures.


Egypt startup Sakneen secures Y Combinator investment
Published: 23-06-2020 | 15:34:00 | By: Pie Kamau
Cairo based real estate startup Sakneen has been backed by Y Combinator in its mission to help homebuyers digitally search for and buy homes in Egypt.


Guinea startup Tulip Industries designs tablet to diagnose Covid-19 symptoms
Published: 29-05-2020 | 13:18:00 | By: Pie Kamau
To contribute to the collective effort to fight against the new coronavirus, Guinean startup Tulip Industries has designed a tablet that is able to identify Covid-19 symptoms.


Dutch firm CNBB invests in South African employee engagement solution startup, Wyzetalk
Published: 29-05-2020 | 11:49:00 | By: Pie Kamau
Dutch investment company CNBB Venture Partners has made a multi-million euro investment in Wyzetalk, a fast-growing digital employee engagement company.


UK startup Poplar raises $2.1m to address growing appetite for augmented reality during lockdown
Published: 28-05-2020 | 16:48:00 | By: Pie Kamau
UK startup Poplar has closed a $2.1 million investment, led by Fuel Ventures, to push its ambition to become the world’s leading augmented reality (AR) creative platform.


Finnish startup Kide Science raises €1.5m in seed round to accelerate international growth
Published: 28-05-2020 | 16:14:00 | By: Pie Kamau
Global early childhood science learning provider startup Kide Science has secured €1.5m funding in a seed round led by Sparkmind.vc, with selected existing investors including Zanichelli Venture also participating.


UK startup Greyparrot raises €2 million in seed funding round to revolutionise recycling with waste recognition software
Published: 27-05-2020 | 14:45:00 | By: Pie Kamau
AI tech startup Greyparrot has raised €2 million to tackle the growing waste crisis by introducing digitisation and automation to recycling.


P101 leads €3.5 million investment round in Italian startup AppQuality
Published: 27-05-2020 | 09:30:00 | By: Pie Kamau
Venture Capital P101 SGR , through its second vehicle P102 and ITA500 (venture capital fund set up by Azimut Sgr Free Enterprise and managed by P101), lead a € 3.5 million investment round in AppQuality.


Swedish startup Mycorena raises €1.2 million funding to expand production, scale-up activities
Published: 26-05-2020 | 15:45:00 | By: Pie Kamau
Swedish startup Mycorena has raised over €1.2 million to fund the scale-up expansion of the product to reach the mass market, by financing the sustainable growth of the company initiating their first small-scale industrial production plant in Falkenberg.


Bolt raises €100m from Naya Capital to expand transport, food delivery services in Europe and Africa
Published: 26-05-2020 | 15:02:00 | By: Pie Kamau
Estonia-based Bolt has closed an investment round of €100m from Naya Capital Management to help the company continue to scale its product segments from ride-hailing to micro-mobility and food delivery in Europe and Africa.


Kenya's retail-tech startup MarketForce 360 secures $350,000 in seed investment
Published: 26-05-2020 | 13:43:00 | By: Pie Kamau
Mesozi Group announces the close of USD 350,000 seed investment from a group of strong Kenyan angel investors through ViKtoria Business Angels Network(VBAN), alongside Growing Africa Capital and global VCs.


[Startup Interview] Emmanuel Addo, CEO, EADfix, Ghana
Published: 25-05-2020 | 13:15:00 | By: Bob Koigi
EADfix, a Ghana-based tech platform, connects customers with verified service providers across different industries as it seeks to meet the growing demand for convenience, reliability and speed.


Flat6Labs Tunis hosts Fifth Demo Day, graduates 8 startups digitally
Published: 25-05-2020 | 10:19:00 | By: Pie Kamau
Flat6Labs Tunis celebrated it’s fifth Demo Day online, with 8 innovative startups presenting their businesses to hundreds of registered attendees.


Mitsui Chemicals, UNEP support Asian startups helping reduce plastic waste
Published: 22-05-2020 | 08:54:00 | By: Pie Kamau
Mitsui Chemicals announced that it has selected three innovative Asian startups to receive support under the Asia–Pacific Low-Carbon Lifestyles Challenge (APLCLC), a program run by the United Nations Environment Programme.


[Startup Interview] Iris Skrami, Co-Founder, Renoon, Netherlands
Published: 21-05-2020 | 17:44:00 | By: Bob Koigi
Renoon is a Dutch fashiontech startup that connects customers with innovation and the new ways to consume fashion and is is the first platform that utilizes technology to screen items for their sustainability characteristics.


Villgro Kenya awards $150,000 to 12 startups fighting COVID-19 in Africa
Published: 19-05-2020 | 13:32:00 | By: Pie Kamau
Villgro Kenya has awarded $150,000 in grant to 12 innovative startups from East Africa with technologies and innovations that could help in testing, monitoring and managing aspects of the COVID-19 outbreak.


[Startup Interview] Brian Munanga, CEO, SmartBuild, Zimbabwe
Published: 18-05-2020 | 15:10:33 | By: Bob Koigi
SmartBuild, a Zimbabwe startup, is simplifying the process of building and renovating houses by providing a platform where clients requiring such services can get quotations from a number of experienced contractors in the shortest possible time.


[Startup Interview] Julius Masaba, Co-Founder, Ablestate, Uganda
Published: 18-05-2020 | 13:03:09 | By: Bob Koigi
Ablestate, a Ugandan startup works with businesses to point them to the right software developers while offering digital training to institutions of higher learning. In the process the startup is addresings youth unemployment in the East African nation.


[Startup Interview] Candace Knox, CEO, Fat Finger Technologies, South Africa
Published: 15-05-2020 | 16:16:00 | By: Bob Koigi
Fat Finger Technologies in South Africa offers an array of Information Technology services and solutions ranging from simple office networks to full cloud-hosted solutions to public facing networks with internet fail-over.


[Startup Interview] Razia Adam, CEO, Lwandle RNS Holdings, South Africa
Published: 15-05-2020 | 11:03:00 | By: Bob Koigi
Razia Adam is the founder and CEO of Lwandle RNS Holdings, a South African mining startup that has since 2015 been providing industry players digitization processes and systems in order to enable high production rates.


[Startup Interview] Tatiana Da Encarnação, CEO, Imo Next, Angola
Published: 14-05-2020 | 10:55:00 | By: Bob Koigi
Imo Next is a real estate startup in Angola that is seeking to bridge the gap in property search and acquisition by providing a one stop digital shop for agents, advertisers, owners and customers.


[Startup Interview] Daniel Greaves, CEO, Fuel to Fly, South Africa
Published: 08-05-2020 | 18:15:00 | By: Bob Koigi
Daniel Greaves is the founder and CEO of South Africa-based startup Fuel to Fly that offer boutique sales outreach services that are powered by advanced data analytics.


[Startup Interview] Nick Belmont, Chief Sales Officer, TBP Limited, UK
Published: 08-05-2020 | 13:10:49 | By: Bob Koigi
TBP Limited, a UK fintech startup, operates tbeep™, an electronic platform offering corporations a faster and smarter model that addressess the delays and physical interaction involved with handling money, cheques, and paperwork.


[Startup Interview] Bridget Bello, CEO, Debmark Allied Farms, Nigeria
Published: 07-05-2020 | 13:10:18 | By: Bob Koigi
Debmark Allied Farms, a Nigerian agriculture and manufacturing startup runs innovative solutions meant to curb food wastage that continues to take a toll on household incomes and national economy.


[Startup Interview] Richard Juwah, CEO, Richee Media, Nigeria
Published: 05-05-2020 | 08:20:00 | By: Pie Kamau
Richard Juwah is the CEO of Richee Media, a full service Social Media agency based in Nigeria with both local and international clientele.


[Startup interview] Washington Chipango, Founder, Power Life Energy, Zimbabwe
Published: 01-05-2020 | 17:16:00 | By: Bob Koigi
Power Life Energy is a renewable energy startup domiciled in Zimbabwe that is addressing energy poverty in the Southern African country by making power affordable and accessible to everyone while meeting the growing demand for clean energy.


[Startup Interview] Isaac Muigai, CEO, Humanum Ratings, Kenya
Published: 01-05-2020 | 16:06:00 | By: Bob Koigi
Isaac Muigai is the brains behind Humanum Ratings, a Kenya-based management consultancy startup that advises companies on potential risks and noteworthy strengths that they should focus on in order to fortify organizational culture and boost performance.


[Startup Interview] Takudzwa Mlambo, CEO, Forestry & Citrus Research, Zimbabwe
Published: 01-05-2020 | 11:07:21 | By: Bob Koigi
Forestry & Citrus Research based in Harare Zimbabwe is an agro forestry research startup working with farmers in exploiting the potential of food and fruit trees through value addition with an eye on the export market.


[Startup Interview] Kareem Alkaseer, CEO, MentorLycon
Published: 11-02-2020 | 12:43:00 | By: Bas Vlugt
MentorLycon is a tech startup headquartered in Russia with an active presence in Egypt and expanding to other African countries. It has tapped into Artificial intelligence to provide businesses with bespoke and customer-centric IT solutions