Regional Mena startups raised $760 million in February 2023 Startups in the Middle East and North Africa region (Mena) raised $760 million across 48 deals, up from 22 deals worth $104 million in... Wamda • 06 March, 2023 Investment
Yemen Yemen's pursuit of an e-commerce sector The growth of entrepreneurial activity witnessed across most parts of the Middle East and North Africa region (Mena) has recently permeated... Dunya Hassanein • 23 February, 2023 Yemen E-commerce
Regional Wafeq: the fintech catering to regional standards It was in 2018 when Nadim Alameddine was preparing to file his first ever tax return that the idea for an accounting software came to him.... Triska Hamid • 13 February, 2023 Wafeq Fintech
Regional Mena startups raised $103 million in January 2023 Startups in the Middle East and North Africa (Mena) raised $103 million in January 2023 across 22 deals, a 17 per cent decline... Wamda • 09 February, 2023 investments
Regional A breakdown of Mena exits in 2022 In total, 57 Mena-based startups exited through M&As in 2022, a 30 per cent increase from the previous year. A further... Wamda • 06 February, 2023 exits
Regional Hope Ventures invests in YAS Holding and RestHero UAE-based social commerce startup has raised $200,000 from Bahrain-based VC firm Hope Ventures and Saudi investor and co-founder of... News • 30 January, 2023 Hope Ventures Yas Holding Rest Hero
Global How influence is increasingly breeding entrepreneurship Baha Hamadi,is a board member of the Public Relations & Communications Association You may have noticed a new breed of... Thought Leadership • 23 January, 2023 influpreneur
Regional Mena startups raised $125 million in December, pushing 2022 total to $3.6 billion Startups in the Middle East and North Africa region (Mena) raised $125 million in December 2022 across 38 deals, taking the total amount... Wamda • 05 January, 2023 Investment
Regional Trends to expect in 2023 When in February 2022 the war in Ukraine broke out, its impact on the Middle East and North Africa (Mena) at the time remained unclear, but... Wamda • 02 January, 2023 Trends
Saudi Arabia Startup advice: How to set up a business in Saudi Arabia Paul Arnold is the managing director at Sovereign PPG Saudi Arabia, a provider of corporate and trusts services What are the... Thought Leadership • 28 November, 2022 startup advice
Egypt Modus partners with USAID to launch venture builder in Egypt US-based and Mena-focused VC firm Modus, has partnered with USAID to launch a venture builder (MV Builder II) in Egypt, to build and... News • 22 November, 2022 Modus USAID MV Builder II
Regional Savings: The app rewarding the masses Over the past few years, several startups catering to the unbanked have emerged, targeting those who wish to gain access to basic financial... Triska Hamid • 21 November, 2022 Savings app financial inclusion loyalty
Turkey Why the UAE’s Opontia is now focusing on Turkey For centuries, Turkey, a country known for its rich culture influenced by both the East and West, has been a melting pot for trade and... Dunya Hassanein • 14 November, 2022 Opontia E-commerce
Algeria Green Algeria: Turning household waste into electricity Algerians produce 13 million tonnes of household waste per year, or one kilogram per inhabitant, per day. While 45 per cent of this waste... Triska Hamid • 07 November, 2022 Green Algeria agritech Sustainability
Egypt Nawah Scientific: Pivoting its way to expansion Startups go through several changes within their first few years in operation as founders struggle to find and validate their product... Dunya Hassanein • 03 November, 2022 deeptech Nawah Scientific
Palestine Ibtikar Fund invests $1.4 million in three startups Palestine-based VC Ibtikar Fund, has invested $1.4 million in three startups across Mena founded by Palestinians, through its second... News • 02 November, 2022 Ibtikar Fund Alma Health Vatrin
U.A.E Hub71, Modus extend Ventures Lab Programme Hub71 and Modus will expand their venture programme “Ventures Lab” to include 28 founding teams, which is almost a 65... News • 02 November, 2022 Hub71 Modus Ventures Lab
Morocco Morocco's Spotter raises funds from UM6P Morocco-based open finance startup Spotter has raised an undisclosed amount of funding from UM6P Ventures. The announcement was made... Dunya Hassanein • 01 November, 2022 UM6P Ventures
Regional Behind the scenes of the POSRocket acquisition [Part 2] In January 2022, Saudi Arabia-based fintech and foodtech startup Foodics announced it had acquired Jordan-based point of sale provider... Thought Leadership • 20 October, 2022 Foodics posrocket
Global Flowwow pushes ahead with Mena foray as Russian ecosystem collapses Startups in Russia have been facing a litmus test since the start of the war in Ukraine, with foreign direct investments drying up,... Dunya Hassanein • 17 October, 2022 Russia
Regional Gitex: embracing a "phygital" future Ask anyone who attended Gitex this year about their experience, you will be met with one of two responses - either an excited... Triska Hamid • 14 October, 2022 GITEX North Star
Regional The gender gap in startup investment Almost two thirds of female founders believe that Middle East and North Africa (Mena) based investors are less likely than global investors... Triska Hamid • 12 October, 2022 women entrepreneurs Investment
Regional Mena startups raised $173 million in September 2022 Startups in Mena raised $173 million across 51 deals as investment levels continue to decline this year. This marks a 54 per cent drop... Wamda • 06 October, 2022 Investment
Regional An essential guide to ESOPs A. Overview Wamda and Clara have teamed up to bring you, startup founders, this essential guide to employee share option plans (commonly... Thought Leadership • 03 October, 2022 ESOP Clara