Vogacloset is an online retail platform specializing in fashion, based in the UK. What sets them apart from other platforms is that their main area of catering is for the Middle East. They have recently been acquired by Alhokair, a franchise retail company in Saudi Arabia. The venture is a...
The Egypt-based online platform 'Masr Afdal' has already made its way into advancing and exporting Egyptian-made products to the worldwide market along with other plans. The founder and Egyptian business visionary Hamed El Ghool plans on putting Egypt on the worldwide online business map by interfacing with the local...
Ghana's Startup Cafe Africa has dispatched an accelerator program to help African new businesses in developing their organizations and to furnish them with the tools they need for the African market. Upheld by iSpace, HatuaTech, Tribe Capital, GhLondoners organization, InvestPro, and HatuaOnPoint, the accelerator plans to furnish candidates showing...
Telda, a Cairo-based advanced banking application has raised a $5M Pre-Seed subsidizing round, drove by Sequoia Capital with support from Global Founders Capital and Class 5 Global. This denotes the primary venture for Sequoia in North Africa and GCC and the main speculation by Global Founders Capital and Class...
It was announced that the Egyptian advertising platform Connect Ads was acquired by the Miami-based digital media company Aleph Holding by an 86% stake. The deal was comprised of both cash and stock and that’s about it from the announcement. It didn’t share the exact financial details thoroughly but...
The popular UAE-based healthy snack brand for children Koala Picks has managed to raise about $408.4K which is roughly 1.5M in AED in their first external funding round. The funding round was led by friends and family investors. The funding round didn’t have any institutional investors and all funding...
The popular Silicon Valley FinTech startup Tribal Credit managed to raise about a $34.3M Series A financing round which was announced today. The round was led by QED Investors and Partners for Growth (PFG) and that's not all. The round was also joined by existing financial investors like BECO...
Egypt-based Contactcars, the lead automotive marketplace has announced their acquisition of Sa4ar Technology Solutions which is known for providing car valuation technology and a dealer-specific auction platform.
Contactcars.com is a subsidiary of Contact Financial Holing and they’ve been constantly evolving and looking for new opportunities to arise which will provide...
Egypt's Information Technology Institute (ITI) has joined forces with Google to dispatch the Machine Learning Developer, which hopes to qualify 30K programmers, college students, and software engineering graduates on Artificial Intelligence (AI) and Machine Learning backgrounds to make the team even greater. With literally a horde of APIs, Google...
A SaaS platform for employee engagement, Engagesoft, based in Jordan has announced a Pre-Seed investment in six-figures from angel investors based in Jordan and Saudi Arabia. Engagesoft began its operation officially in Amman in the last quarter of 2020.
The start-up was founded by a team with a vast knowledge in...
