Wamda

Regional

Flat6Labs launches $95 million Seed fund to back early-stage startups in Africa

Seed investor and accelerator Flat6Labs, has launched a new $95 million Africa Seed Fund (ASF) to nurture the growth and development of...

Flat6Labs Africa Seed Fund ASF

Regional

Mena: A fertile ground for tech IPOs

Sandeep Ganediwalla is a partner at Redseer Strategy Consultants looking at the Middle East and Africa The Middle East and North Africa...

ipo

Jordan

Flat6Labs launches ‘StartMashreq’ initiative to support entrepreneurs across the Levant region

Seed investor and accelerator Flat6labs, in partnership with the International Finance Corporation (IFC) and the government of the...

Flat6Labs ifc

Regional

Mena startups raised $760 million in February 2023

Startups in the Middle East and North Africa region (Mena) raised $760 million across 48 deals, up from 22 deals worth $104 million in...

Investment

Egypt

Can Mena adopt AI at the same speed and scale it is recommended to?

Aliah Yacoub is an AI philosopher and Farah Ghazal is an AI social scientist at Egypt-based techQualia Emerging technologies...

ChatGPT AI

Regional

COREangles launches COREangels MEA to invest in startups in the Middle East, Africa

COREangels, a global community of angel funds and investors has launched the COREangels MEA to target investments in early-stage...

COREangels

Regional

Wafeq: the fintech catering to regional standards

It was in 2018 when Nadim Alameddine was preparing to file his first ever tax return that the idea for an accounting software came to him....

Wafeq Fintech

Regional

Mena startups raised $103 million in January 2023

Startups in the Middle East and North Africa (Mena) raised $103 million in January 2023 across 22 deals, a 17 per cent decline...

investments

Regional

Floward raises $156 million in pre-IPO Series C round

Floward, an online flower and gift delivery platform, has raised $156 million in a pre-IPO Series C round led by Aljazira Capital,...

Floward

Regional

A breakdown of Mena exits in 2022

In total, 57 Mena-based startups exited through M&As in 2022, a 30 per cent increase from the previous year. A further...

exits

Regional

What awaits startup exits in Mena?

Looking back, the year 2021 was hard to emulate. After the pandemic-induced funding boom seen in 2021 and the first few months of 2022,...

M&A exits Exit

Regional

Hope Ventures invests in YAS Holding and RestHero

UAE-based social commerce startup has raised $200,000 from Bahrain-based VC firm Hope Ventures and Saudi investor and co-founder of...

Hope Ventures Yas Holding Rest Hero

Regional

Startups in Mena raised almost $4 billion in 2022

Startups in the Middle East and North Africa region (Mena) raised $3.94 billion in 2022 across 795 deals, a rise of 24 per cent in...

Investment

Regional

Why SWVL's acquisition of Volt Lines came to a halt

In 2018, Lebanese entrepreneur Ali Halabi founded Volt Lines, a Turkey-based mobility startup targeting the corporate segment, enabling...

Swvl Volt Lines

Regional

How is fintech evolving beyond digital payments?

Armin Moradi, is the co-founder and CEO at Qashio, a UAE-based spend management platform Numerous challenges faced by businesses...

Qashio

Regional

What is next for Careem's mobility of money?

Careem remains one of the Middle East’s biggest success stories, inspiring a legion of entrepreneurs and generating one of the...

Careem Pay careem Fintech

Regional

How can the Middle East become a better hub for tech startups?

Raviteja Dodda is the founder and CEO of US-based MoEngage, a customer engagement platform. Kunal Badiani, is the Middle East,...

Opinion

Regional

The tech trends that will impact business this year

Dr Ross Curran is an assistant professor at Edinburgh Business School at Heriot-Watt University Dubai Digital transformation will reach...

Trends

Regional

Mena startups raised $125 million in December, pushing 2022 total to $3.6 billion

Startups in the Middle East and North Africa region (Mena) raised $125 million in December 2022 across 38 deals, taking the total amount...

Investment

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

Regional

Startups in Mena raised $439 million in November 2022

Startups in the Middle East and North Africa region (Mena), raised $439 million in November 2022 across 39 deals. On a...

Investment

Regional

Saudi fintech PayTabs acquires Turkey’s Paymes

Saudi Arabia-based fintech PayTabs, has fully acquired Turkish social commerce platform Paymes for an unknown amount. Under the terms...

paytabs Fintech Paymes

Regional

Revival Lab launches $40 million fintech-focused VC builder and fund

Saudi Arabia-based Revival Lab will establish “Fin-tactics Ventures", a venture builder specialised in fintech, insuretech...

Revival Lab Fin-tactics Ventures

Regional

Seedstars launches platform to develop VC managers in emerging markets

Switzerland-based Seedstars has launched its investment arm “Seedstars Capital” for emerging VC fund managers across the...

seedstars Venture Capital

Thought Leadership

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