Wamda

Iraq

The realities of fundraising in Iraq

Ali Al Suhail is the managing director at KAPITA, a development company that invests and incubates startups in Iraq. He is also the...

fundraising KAPITA

Regional

Robo-advisor Sarwa raises over $ 1.3M from regional and global investors

Sarwa, a regulated automated investment advisory platform in the region, recently closed a pre-Series A of over $1.3 million. Investors...

fundraising

Egypt

Is Egypt becoming a hotbed for local and regional VCs? [Opinion]

The year 2018 has been a landmark year for Egyptian startups, securing bigger and later stage investment rounds and giving a dash of...

fundraising Investment

Regional

UAE’s maid-booking startup Justmop secures Series A funding

Maid-booking startup Justmop in the UAE has recently raised a Series A of funding, led by venture capital firm VentureFriends, along with...

Justmop fundraising Series A

Regional

Eventtus raises $2 million, looks to adopt AI recognition at events

Event management startup Eventtus received US$ 2 million of investment from Egyptian VC Algebra Ventures and 500 Startups. It previously...

eventtus fundraising Scaling

Tunisia

Tunisian online finance news platform raises $400K

The Tunisian startup Ilboursa.com, which a French online finance news platform, announced on Tuesday (September 12) the closing of its...

fundraising stock exchange finance

Jordan

Scaling in the right direction #MixNMentor Amman

The Jordanian ecosystem came together at Zain Innovation Campus ZINC in King Hussein Business Park on the 18th...

mix n mentor Amman Scaling fundraising

Regional

$100M invested in MENA fintech [WRL report]

Fintech startups in MENA have raised over $100 million in funding in the last 10 years, and a new report indicates the number of startups...

WRL State of Fintech Payfort

Regional

Late? You can kiss my money goodbye [Opinion]

I’m sitting in my office and I can hear the central AC sigh quietly reflecting my disappointment. The clock on the wall shifts from...

Punctuality fundraising company culture

Tunisia

Travelcar raises $15.8M Series B

Travelcar, a startup that enables you to make your car available for renting at airports when you travel instead of paying for expensive...

car sharing Travelcar fundraising

Morocco

New seed fund Outlierz launches in Morocco [Know your VC]

A new Morocco-based seed fund called Outlierz is looking to provide “smart capital” for early stage Africa startups. The...

Outlierz Hassan Haider seed fund

Saudi Arabia

Saudi VCs: where we are, where we’re going [Opinion]

“We do not have enough venture capital investors in Saudi”, is a common theme heard from entrepreneurs across the kingdom....

Venture Capital VC Tadawul

Saudi Arabia

Melltoo expands to Saudi with new funding

The Dubai-headquartered peer-to-peer marketplace Melltoo has said they are ready to expand to Saudi Arabia now they have acquired new...

Investment melltoo ecommerce

Egypt

On speaking terms: Egypt’s investors, entrepreneurs forging a bond [Know Your VC]

The investor-entrepreneur relationship in Egypt has been something of a rollercoaster, but both say they’re finally starting to iron...

investor relations A15 eventtus

Global

What I know about patient capital: Amjad Ahmad [Know Your VC]

To Amjad Ahmad, American investment firms Berkshire Hathaway and 3G Capital are the ideal comparisons for his own Precinct Partners in...

patient capital fundraising precinct partners

Saudi Arabia

Careem now a unicorn, raising $350M

Careem has become the Middle East’s second ‘unicorn’, after investment from Japan's ecommerce giant Rakuten Inc and...

careem STC Venture Capital

Egypt

IFC invests in Algebra Ventures, Flat6labs Cairo funds

New Egyptian venture fund Algebra Ventures has announced the first closing at $40 million. The fund, first announced in June, plans to...

Algebra Ventures Egypt SysDsoft

Egypt

Flat6labs signs $1M deal with IFC

Flat6labs has signed a $1 million deal with the World Bank investment arm International Finance Corporation (IFC). The Egyptian...

Flat6Labs International Finance Corporation ifc

Morocco

Afrimarket raises $11M for regional expansion

Moroccan entrepreneur Rania Belkahia has raised 10 million euros (US$11 million) for ecommerce platform Afrimarket, which targets the...

fundraising africa Afrimarket

Lebanon

Smart money is good money [Opinion]

Recently I was involved in a debate: startups versus venture capital. One particular moment...

MEVP money smart money

Regional

When MENA investors don’t bank on women

For years, Lebanese entrepreneur Rayan Zahab would get called in for job interviews, only to hear hiring managers say the same thing: they...

Golden Seeds Snapay Women Investing in Women Digital

Egypt

Instabug raises $1.7M from US investors

Instabug's cofounder Omar Gabr (Image via Instabug) Instabug has raised a $1.7 million seed round after completing Y...

Accel Venture Partners seed round instabug

Saudi Arabia

Saudi fund takes 5% stake in Uber for $3.5B

A Saudi Arabia fund has bought a 5 percent stake in Uber for $3.5 billion. The buy-in, by the Public Investment Fund (PIF),...

Public Investment Fund fundraising Uber

U.A.E

IT platform Geeks raises $600K seed round

And 6500 happy customers. (Image via Geeks) Geeks.ae, an on-demand tech services platform that helps connect consumers and business...

Geeks investments Wamda Capital

Thought Leadership

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