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Flat6Labs plans to launch new USD 85 mn fund
The fund will focus on Egypt and Tunisia, as well as other African markets
Local fintech player Dopay secures USD 13.5 mn in a series A extension round
The company will use the funds to accelerate its expansion plans
E-commerce platforms MaxAB and Wasoko to merge within weeks -report
Maxoko’s annual operations are projected to hit USD 500 mn.
Meet our founder of the week: Octane’s Amr Gamal
I would tell young entrepreneurs to make sure you have the right people on your side
Connect Money secures USD 8 mn in seed funding to expand its range of banking services in North Africa
The funding round was led by Disruptech Ventures and Algebra Ventures, with investment also from Lorax Capital Partners, One Stop,…
iSupply secures USD 1 mn in funding
The funding round brings the firm’s total raised capital to USD 2.5 mn
Fintech player Sahl closes USD 6 mn in funding round led by the state’s Ayady Investments
The company allows users to pay their utility bills through a mobile app
Venture debt funding for local startups drop 86% in 2023
The country witnessed two venture debt transactions during the year
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