EFG Finance, an EFG Holding company, proudly announces it has reached an agreement for MaxAB-Wasoko, the region’s leading e-commerce and supply chain super app, to acquire Fatura, its Egypt-based B2B e-marketplace. This multifaceted partnership results in EFG Finance becoming a significant shareholder in MaxAB-Wasoko and securing a seat on its board. This acquisition marks a […]
Thndr, the leading retail investment platform in the MENA region, announced during its debut keynote event its second major investment round, raising an additional $15.7 million, bringing its total current capital to $37.76 million. The round was led by Prosus Ventures, with participation from BECO Capital, JIMCO Capital, Endeavor Catalyst, Y Combinator, and a prominent […]
CAIRO — Egyptian cybersecurity and artificial intelligence company THE WHITEGUARD has successfully closed a six-figure USD pre-seed funding round, led by venture capital firm DEN VC. The new funding will be used to fuel THE WHITEGUARD’s ambitious expansion plans in Egypt and across regional markets in the Middle East and Africa. The investment will also accelerate […]
In addition, Nawy secured $23 million in debt financing from some of Egypt’s largest banks and financial institutions. Cairo, Egypt — Nawy, Africa’s largest proptech platform, has raised $52 million in Series A equity funding to scale its operations, enhance its technology stack, and accelerate regional expansion. The round was led by Partech, with participation from […]
Career 180, one of the MEA region’s leading EdTech platforms, has announced a new Six-Figure investment from Den VC, reinforcing its position as a frontrunner in career development and education technology. The investment from Den VC will fuel the company’s expansion into Oman, Malta and Saudi Arabia, where it will focus on scaling its LMS […]
Cairo, Egypt — “Bokra, the MENA region’s first goal-driven digital investment platform, has announced a $3 million Sharia-compliant financing agreement with iSUPPLY, a leading digital platform for pharmaceutical and medical supply distribution, to scale its operations and expand access to medical supplies across Egypt. Through this collaboration, Bokra has structured a revenue-based revolving financing, structured entirely in […]
Cairo, May 05, 2025 – Money Fellows, Africa’s leading fintech digital platform, has successfully raised $13 million in this new financing round. This strategic extension brings the total amount invested in the company to over $60 million USD since its inception. The new investment aims to enhance and upgrade the company’s digital platform, especially as its […]
DPI Venture Capital will provide investors access to pioneering, early stage, growth-orientated technology businesses across the Middle East and Africa. As part of the launch, DPI has completed a fund restructuring transaction to provide investment advice to the Nclude Fund, an established venture capital fund with $105 million in assets under management. DPI, through its […]
Accelerator Cohort 3 culminated with Demo Day at GITEX Africa 2025, following 3 months of training, mentorship, and networking. Visa’s strategic investment and commercial partnerships with Visa Africa Fintech Accelerator alumni showcase ongoing commitment to their success. [Cairo, Egypt], 16 April 2025: Visa, a global leader in digital payments, has announced strategic investments and commercial […]
April 15, 2025 – Seesaw, the leading global PreK-12 learning experience company, has announced its acquisition of Little Thinking Minds, a MENA based female founded leading edtech specializing in Arabic literacy solutions. Trusted by over 25 million educators, students, and families worldwide, this strategic partnership positions Seesaw to expand its already significant footprint in the […]