A payment service provider that enables businesses in the Middle East to accept online payments.
PayPal commits $100M to MENA and Africa expansion
PayPal commits $100 million to expand operations in the MENA region. The investment will be channeled through PayPal Ventures, focusing on minority investments and local hiring.
Moniepoint investor takes over Egypt’s $105M Nclude with new venture fund
DPI has taken over the management of Egypt’s $105 million Nclude Fund. Nclude was established in March 2022 by Egyptian state-owned banks and fintech partners.
10 Startups to Watch in 2025 in North Africa
Chari, a Moroccan startup, is revolutionizing retail with a B2B e-commerce platform that supports over 20,000 small grocery stores. MaxAB in Egypt has merged with Wasoko, creating Africa's largest informal retail network, supporting over 450,000 merchants.
Capria VC wants to back two more African Series A startups with $1-$3 million each
Capria VC has $207 million in assets under management and has invested in 17 fund managers. The firm has direct investments in 41 startups, focusing on sectors like fintech, agtech, and healthtech.
