US-based Sultan Ventures expands reach into MENA with acquisition of Egypt's Acasia Group
Sultan Ventures acquires Acasia Group, expanding into MENA. Acasia Group rebranded from Cairo Angels in December 2022.
Nigerian logistics startup Fez launches network of safe delivery lockers
Fez Delivery has launched Fez Safe Lockers, a network of automated lockers for last-mile delivery in Nigeria. The lockers offer a secure and convenient way to send and receive parcels, eliminating the need for cash-on-delivery exchanges and minimizing the risk of theft.
