Category
Reporting filed under Startups.
Showing 81–100 of 135 articles
Funding
With this latest funding round, Sistema.bio has raised a total of $18.5 million in 2024. The funds will be used for regional expansion, product development, and supporting the company’s anticipated Series C funding round
Funding
Having onboarded over 50 B2B customers and forged partnerships with the United Nations and Microsoft, TACo seems to be gaining significant traction.
M&A
In his farewell announcement, Jouini expressed pride in Expensya’s achievements and gratitude to colleagues, investors, and partners who contributed to its journey.
M&A
Network International will utilize its extensive pan-regional experience to support Money Fellows’ expansion into Morocco and the wider African region.
FinTech
The UK branch of Moniepoint has accrued a total loss of $1.4 million over 17 months since it was founded in August 2022. However, the company’s directors, Tosin Eniolorunda and Felix Ike, retain high hopes about its long-term profitability.
Funding
Orbit Startups has a track record of investing in early-stage companies in China and India and has been expanding its presence in the MENA region.
M&A
Nawy will be able to make use of ROA’s capabilities in improving its service portfolio while helping property owners to maximize their investments.
Funding
In just one year, JOBO Interim has qualified 30,000 workers, with an additional 60,000 in the pipeline. Partnerships with major clients such as Vinci and Yves Rocher highlight the platform’s growing influence
Startups
The mobility company has scheduled its Annual Meeting of Shareholders for January 30, 2025. This meeting will set the stage for critical decisions about Swvl’s future.
Startups
According to local reports, Tingo Mobile, which serves as the fintech arm of the group, had already cut ties with contractors earlier in the year.
Startups
Morocco’s diverse industries, high-quality products, and strategic location make it an ideal partner for this expansion.”
Funding
Moreover, the investment by Witamax and Renew Capital indicates a shared vision of empowering local businesses and promoting sustainable economic development.
M&A
This partnership is projected to address the needs of South Africa’s informal market, valued at over R184 billion annually, by improving efficiency, accessibility, and market insights.
FinTech
The investment in Sourcefin aligns with HGDEF’s mandate to support high-growth, impactful businesses.
Funding
With this valuation, Tyme has taken the critical step to finally becoming a unicorn and Africa’s ninth one.
Funding
TGPDC is a South African startup that offers digital workflow automation, verification processes, and compliance solutions.
Funding
Cauris’s reputation in the African fintech ecosystem has grown alongside its involvement in transformative ventures.
Funding
LAfricaMobile plans to direct the funds towards strengthening its presence in Central Africa and enhancing its product offerings through advanced AI integration.
Funding
This milestone marks an important step not only for Nowlun but also for the broader MENA logistics sector, as the region increasingly embraces innovation to address long-standing inefficiencies.
Funding
The $1.15 billion was divided into $808 million in primary commitments and $210 million co-investments. The enormity of these sums reflect strong backing from institutional investors like Temasek, Prudential Financial and the European Investment Bank.
