News
GAFI and African Development Bank empower entrepreneurs in Egypt
The General Authority for Investment and Free Zones (GAFI) of Egypt, in cooperation with the African Development Bank (AFDB), recently concluded the program “Enhancing the Entrepreneurial Ecosys...
Ethiopian startup Kubik raises $5.2 million seed funding round
Kubik, the pioneering African sustainable tech startup, announces its successful $5.2 million seed funding round. The seed round makes Kubik the first Ethiopian company to raise a multi-million dollar...
Dubai SME provides financial assistance to adverse weather hit SMEs
Dubai SME has announced an initiative to support businesses affected by the recent adverse weather. The initiative provides financial assistance through new interest-free loans and grace and postponem...
The Authority of Social Contribution – Ma’an launches 9th cohort
The Authority of Social Contribution – Ma’an has launched its 9th Social Incubator programme, Entrepreneurship for Social Impact, to support startups led by at least one Emirati youth who are developi...
Mobmio invests $500,000 to accelerate mobile app growth in MENA
Mobile app growth platform Mobmio is preparing to launch a new version. The key changes will be in tracking and displaying results. The new platform will rely on raw data, automation, and access to da...
Turkish fintech startup, Midas raises $45 million in Series A
Midas, the fintech startup that brought retail investing to millions of people in Turkey has raised $45 million in equity funding. The new capital will allow Midas to expand and roll out three new pro...
NBA Africa launches startup accelerator for early-stage startups
NBA Africa announced the launch of “Triple-Double: NBA Africa Startup Accelerator,” a startup accelerator based on the continent focused on early-stage African startup companies.
India’s Rishihood University launches new UG program for entrepreneurs
Rishihood University (RU) announced the launch of a first-of-its-kind, four-year undergraduate BBA program called the “Makers Undergrad” at its ‘School of Entrepreneurship’. Th...
WEE marketplace secures $10 million from SIG INVESTMENT
WEE marketplace announced an investment of $10 million (comprising Equity and credit Facilities) from SIG INVESTMENT, underscoring confidence in WEE’s vision and capabilities. This latest invest...