Wamda

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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,...

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...

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...

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...

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...

ESOP Clara

U.A.E

Twofour54 launches The Community Hub co-creating space in Abu Dhabi

UAE-based media, entertainment, and gaming zone twofour54, has launched ‘The Community Hub’ located at Yas Creative Hub, a...

uae startup Community Hub

Regional

Omgyno, Siira, Maternally win the Organon and Flat6Labs’ Femtech Accelerator awards

Three femtech startups: Omgyno, Siira and Maternally have been named the winners of Organon and Flat6Labs’ FemTech Accelerator...

Flat6Labs Organon femtech

Egypt

What are the repercussions of Capiter’s downfall?

There was a surge in startup activity during the pandemic that saw record-breaking investment channeled to some of the region’s most...

Capiter

Regional

Mena startups raised $378 million in August 2022

Startups in the Middle East and North Africa region (Mena) raised $378 million across 33 deals, a 260 per cent increase in funding value...

Investment and acquisitions

Regional

Can the Mena region be a leader in inclusive capital?

Regie Mauricio is the research manager at the Legatum Centre for Development and Entrepreneurship at MIT. Dina H. Sherif is the...

unicorns Careem Mafia

Lebanon

eFlow: The Lebanese startup teaching courses on messenger

Online learning became a necessity during the lockdowns, and while many tools became readily available, the vast majority catered to those...

EdTech eFlow

Egypt

Egyptian startups pull trigger on layoffs amid growing uncertainty and funding crunch

The year 2022 has been nothing but a mixed bag for Egypt’s technology and startup sector. On the one hand, the local ecosystem has...

Egypt

Regional

Mena startups raised $105 million in July, lowest amount so far in 2022

Startups in the Middle East and North Africa (Mena) raised $105 million across 44 deals in July 2022, marking a significant slowdown in...

Investment

Thought Leadership

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