MENA tech startups raised $170 million in March 2021, showing 6% rise month on month, with 43 deals. This takes the total amount raised in the first quarter of this year to $396 million across 125 deals, marking a promising start to the year so far, according to Wamda Capital Overview. The UAE once again led the […]
MENA’s startups saw an increase in funding in the first quarter 2020, raising $277 million in Q1 2020 despite the crisis caused by Covid 2019, according to Magnitt’s MENA Venture Investment report Q1 2020. 108 startups from the Middle East and North Africa (MENA) region managed to secure $277 million in the first three months of the […]
Capital flows into the agri-tech start-up ecosystem are set to see a boom in the post-COVID era as fear warms up the food security and farming sector, making more governments and farmers adopting new technologies and solutions to grow locally. Agritech venture scene globally and locally For Venture Capitalists, VCs, along with angel investors in […]
Mamo Pay, the peer-to-peer payments app that users will love for its simplicity and utility, has raised $1.5M from investors supporting its efforts with partners and regulators in the run-up to launch this year. Global Founders Capital (GFC) led the investment round, with Global Ventures, VentureSouq, MSA Capital, Dubai Angel Investors (DAI), 500 Startups, and angel investors also participating. Founded by […]
Employees work from home. Events are canceled. Meetings are postponed. Travel bans. Seems that the life has stopped. But what about businesses? Navigating through uncertainty and minimizing of a negative effect of a global lockdown, decision makers are struggling to find a balance between an over-reaction and growing concerns. Having so may unknowns, it’s difficult […]
“We are in a new environment now and contingency plans are required. Major shocks can change behaviour permanently—we cannot assume a return to the status quo ante”, – Omar Kodmani (pictured right), investment director at Ruffer LLP. Investment fund managers appeal for calm among investors as the coronavirus spreads, anticipating a six-month market disruption but […]
Each business has been affected by a current pandemic situation. How an owner should react and how should to lead business in new reality. In this time of uncertainty there are a few things which are evident: there is little doubt that a significant part, maybe even a majority of the earth’s population will be […]