Capiter
Ecommerce Leadership

Board of Egyptian B2B Ecommerce Startup, Capiter Sacks Founders For Mismanagement

On 6 September 2022, the board of directors of the parent holding company of Capiter Egypt LLC, a Cairo-based B2B

Bboxx
Acquisition

Bboxx Acquires Solar Energy Startup PEG Africa

Bboxx, a firm that manufactures plug-and-play solar systems, has acquired PEG Africa, a provider of distributed energy in West Africa.

Endure Capital
Venture Capital

Egyptian Venture Capital Firm, Endure Capital Closes First Round of $50m Fund

Endure Capital, the Egyptian venture capital firm, has announced that it has completed the first close of its new $50

Pezesha
Funding Investment Startup Venture Capital

Pezesha Secures $11m Pre-series A Funding to Grow its Embedded Finance Platform

Pezesha, a pan-African embedded finance fintech, has raised $11 million in pre-series A investment. The round was a mix of $6

valU
Acquisition

Egyptian BNPL, valU Acquires Fintech Company Paynas

valU, an Egyptian Buy-Now, Pay-Later (BNPL) fintech startup, has acquired 100% of Paynas, a full-fledged employee management and benefits company

ArabyAds
Funding Investment

ArabyAds Secures $30m Pre-Series B Funding Round From AfricInvest For Global Expansion

ArabyAds, the AdTech company in the MENA region, has raised US$30 Million in a Pre-Series B funding round from AfricInvest,

Float
Acquisition

Ghana’s Float Acquires Accounteer to Promote Proper Accounting & Bookkeeping Practices For Businesses

Float, a Ghanaian cash management startup, has fully acquired Accounteer, a Nigerian cloud-based accounting service for an undisclosed amount. The

Acquisition Funding

Elloe Acquires Conversational Commerce Startup Flo by Saada 

Elloe, a U.S.-based conversational commerce startup, has acquired Flo by Saada nearly three months after raising more than $1 million

Convertedin
Funding Investment Venture Capital

Egyptian Marketing Tech Startup Convertedin Secures $3m in funding to Expand Operations

Convertedin, an Egyptian startup that builds marketing operating systems for e-commerce brands, has raised $3 million in a funding round led by

Technology
Report

4 out of 5 Africans Say Recent Developments in African Technology Has Changed How They View Continent

A new report that includes the surveyed opinions of 4,500 Africans from Kenya, Nigeria, and Ghana has revealed that the