Funding Investment Venture Capital

Egyptian Cashback App Lucky Gets $25m to Increase its Market Leadership in MENA

Lucky, an Egyptian app for credit product and cashback, has raised $25 million Series A investment led by Nclude by

Investment

Meaningful Gigs Bags $6m to Connect Africans With Remote Gigs

Meaningful Gigs has raised $6 million seed funding to connect Africans with international remote jobs. The seed round was led

Funding Investment Venture Capital

Rwanda’s Hence Technologies Secures $1.8M Funding

Hence Technologies, a Rwandan online marketplace for lawyers, has closed a $1.8 million seed funding. This takes the total amount

Acquisition

Astute Imaging Acquires Egyptian Deep Technology AI Startup DilenyTech

Astute Imaging, a provider of imaging guided therapy and procedure planning services, has announced the acquisition of DilenyTech, a Egyptian

Startup Women

Mercy Corps Ventures Partners GreenHouse Capital For Female Focused Investment Readiness Bootcamp

Mercy Corps Ventures (MCV) in partnership with GreenHouse Capital has launched a 3-day virtual investment readiness program for early-stage female-founded

Netflix
Video Streaming

Netflix Rolls out Plans to Combat Password Sharing

Netflix has disclosed its plans to crackdown on password sharing by charging a fee for the purpose. According to the

Funding Investment

Big Cabal Raises $2.3m Seed Funding Led by MaC Venture Capital

Big Cabal Media [BCM], a Nigerian media firm, has closed a $2.3 million seed round led by MaC Venture Capital,

IFC
Venture Capital

IFC Invests $5m in Disruptech Ventures Fund

The International Finance Corporation (IFC) has committed $5 million in Egyptian venture capital fund Disruptech Ventures to support development in

Venture Capital

Luno Unveils Venture Capital Arm Luno Expeditions

Luno, a cryptocurrency exchange, has launched its venture capital arm tagged Luno Expeditions to support innovative fintech and crypto/web3 founders

Edtech

How an Edtech Startup Ran out of Money & Shut Down

Lido Learning, an Indian edtech startup, made $1.5M last year. This year, all of a sudden, it was completely shut