Wamda

U.A.E

CE-Ventures acquires stake in Transcorp

CE-Ventures, the corporate venture capital arm of UAE-based Crescent Enterprises, announced on Monday that it has acquired a...

investement Logistics

U.A.E

Property Finder raises $120 million

Source: Reuters Private equity firm General Atlantic has led a $120 million investment and acquired a minority stake in Middle East real...

propertyfinder real esate private equity

U.A.E

HolidayMe raises $16 million Series C

Source: MENAbytes Dubai-based HolidayMe has raised $16 million Series C in a round led by China’s Gobi Partners and joined by...

Series C ecommerce

Regional

GCC fintech startups to attract $2 billion in investments

Private-funding investments in GCC-based financial technology (fintech) startups is expected to reach $2 billion in the next decade...

Fintech Fintech Hive investement

U.A.E

Shorooq invests in India's Impact Guru

Source: MENAbytes Indian healthcare crowdfunding platform Impact Guru has raised an investment from Shorooq Investments, the Abu-Dhabi...

Crowdfunding abu dhabi India

Saudi Arabia

TAQADAM Startup Accelerator

TAQADAM is the startup accelerator launched by King Abdullah University for Science and Technology and SABB for ideas that are pushing the...

Kenya

Twiga Foods raises $10 million

Twiga Foods has announced a $10 million investment led by the World Bank’s International Finance Corporation (IFC) and the Global...

Twiga Foods Wamda Capital Funding

Turkey

Volt Lines raises $1.28 million

Volt Lines, a Turkey-based transportation service has raised $1.28 million in a pre-Series A round led by Dubai Angel Investors (DAI) which...

Transport Sharing Economy turkey

Egypt

Africa 2018 Forum

Africa 2018 is a unique business-to-business and government-to-business platform, bringing together policymakers, financiers, leading...

Lebanon

Lebanon’s Kamkalima raises $1.5 million Series A

Source: MENAbytes Lebanese EdTech startup Kamkalima has raised $1.5 million in Series A funding from Beirut-based Phoenician...

Series A financing

Regional

Uncertain global investment market creates opportunities in region

The prospect of a full-blown trade war between the US and China is prompting some of the world’s investors to look for rebound...

Yemen

War and Growth: how one entrepreneur defied the odds in Yemen

Starting a business is never easy, starting one in a warzone is even more difficult and raising investment for such a company seems...

Yemen Entrepreneur

U.A.E

Careem closes $200m in latest round

Ride-hailing app Careem has secured $200 million from existing investors including Al Tayyar Group, Kingdom Holding and Rakuten in the...

careem investment round

U.A.E

Mumzworld closes $20m Series B round

Mumzworld, the Dubai-based e-commerce shopping platform for mothers across the Middle East and North Africa (Mena) region has closed its...

Mumzworld ecommerce

Regional

Robo-advisor Sarwa raises over $ 1.3M from regional and global investors

Sarwa, a regulated automated investment advisory platform in the region, recently closed a pre-Series A of over $1.3 million. Investors...

fundraising

Egypt

Jordan's POSRocket raises $1.5 million in a round led by Algebra Ventures

POSRocket, a cloud-based POS Jordanian startup, has announced $1.5 million in a funding round led by $50 million Cairo-based venture...

Algebra Ventures KISP Ventures Arzan VC

Saudi Arabia

Saudi accounting solution startup Qoyod closes a Seed round from Arzan VC

Qoyod, an accounting cloud solution for small and medium businesses in Saudi Arabia, has recently raised an undisclosed Seed round from...

Qoyod Saudi Arabia Arzan VC

Global

Chinese mobile internet company to boost its presence in the MENA region following a Series A round

OneMena, a China-based mobile internet company, has recently raised a Series A financing round led by IDG Capital and Kuaishou, the latter...

Onemena china MENA

Saudi Arabia

Badir-incubated Biotech startups raised $2.6M in 2017

The Saudi biotech startups incubated by Badir Biotechnology Incubator, under King Abdul Aziz City for Science and Technology...

Saudi Arabia VC funding Badir Biotechnology Incubator

Global

Mobile game developer Zynga acquires Gram Games in a $250M deal

Zynga Inc., a leading social game developer, announced it has acquired privately-held mobile game developer Gram Games for $250 million in...

Zynga Gram Games acquisition

U.A.E

Workers’ safety and tracking device WakeCap raised $300K

WakeCap, raised $300,000 from CCC (Consolidated Contractors Company), a construction group with projects across Middle East, Asia and...

uae WakeCap Investment

Ivory Coast

How Ivory Coast is attempting to lead Francophone-African entrepreneurial ecosystems

A review by the World Economic Forum has identified three major trends expected to prompt Africa’s economic growth in the upcoming...

Ivory Coast startups africa

Egypt

Egyptian online fashion rental platform raises $1M from Algebra Ventures and 500 Startups

La Reina, an Egyptian online platform for rental couture, announced receiving $1 million in a Series A funding round led by Egypt’s...

Egypt La Reina Algebra Ventures

Global

Africa, a missed opportunity for MENA investors?

Every country has its own identity and challenges, let alone a continent. For most of the investors and stakeholders who are solely...

africa Afrikonnect Startup your Life

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