Nawy, an Egyptian prop-tech startup, has secured a $5 million seed funding round investment aimed at expanding across the region. The fund was led by the Sawiris family office. Nawy …
Entrepreneurship
Open finance continues to be a significant theme in the world of fintech as businesses tap APIs to access customers’ financial accounts and provide a gamut of integrated and embedded …
The International Finance Corporation (IFC), a member of the World Bank Group and the world’s largest development bank focused on emerging markets, has announced that it has invested in Axian …
There’s no denying the growth of healthtech globally over the past three years thanks to the pandemic. The event has accelerated the use of telemedicine, virtual care, and drug delivery, …
Visa has announced The Visa Everywhere Initiative (VEI), a global open innovation programme, inviting fintech and payment startups in UAE to showcase their innovative products and solutions.The programme’s finalists are …
- EntrepreneurshipNorthern Africa
Yalla Fel Sekka, Egyptian startup secures $7 million in a Series A round
Yalla Fel Sekka (YFS), a pioneering on-demand logistics firm specializing in immediate delivery and dark store management, has raised $7 million in a Series A round of funding. DisruptAD, ADQ’s …
In an effort to aid small and medium-sized entrepreneurs to compete favourably and scale-up, immediate past Executive Director, Nigerian Export Promotion Council (NEPC), Olusegun Awolowo, recently supported Bellafricana members with …
- Entrepreneurship
Norrsken, VCs, 30 unicorn founders sets up $200m funds to back growth- stage startups in Africa
Niklas Adalberth’s Norrsken Foundation is in the news again barely two months after opening its Norrsken House in Kigali, Rwanda, which plans to accommodate thousands of entrepreneurs by next year. …
NALA, a Tanzanian cross-border payments firm that recently shifted its focus from local to international money transfers, has secured $10 million in a fresh round of funding. With received funds, …
- Entrepreneurship
TLcom secures first close of $150M Pan-African Tech Fund to back 20 African startups
TLcom, the Africa-focused venture capital firm, has announced a $70 million first close for its $150 million Africa-focused tech fund, solidifying the investor’s position as the continent’s largest independent VC …