Startups

Tanzania’s Kuunda Raises USD 7.5M to Enter Egypt & Expand Across MENA

Kuunda Tanzania’s Kuunda raised USD 7.5 million in pre-Series A funding. The round saw participation from Portugal Gateway Fund, Seedstars...

by WAYA Staff - Oct 16, 2025

People

Samih Sawiris Transfers Orascom Development to Son Naguib 

Sawiris Egyptian billionaire Samih Sawiris reveals that he completed a full transfer of Orascom Development Holding to his only son,...

by WAYA Staff - Oct 16, 2025

Markets

e& money Partners With PayPal for Instant AED Withdrawals in UAE

PayPal e& money, the fintech arm of e& plans to launch a  partnership with PayPal to introduce account linking and...

by WAYA Staff - Oct 16, 2025

Money

UAE’s Multiply Group to Acquire 2PointZero & Ghitha in USD 1.6B Deal

Multiply Group Abu Dhabi-based investment holding company, Multiply Group approved a proposal to acquire 2PointZero and Ghitha Holding through a...

by WAYA Staff - Oct 16, 2025

Startups

Egypt’s Nanovate Raises USD 1M to Expand Arabic AI Solutions

Nanovate Cairo-based AI company, Nanovate raises USD 1 million in a pre-seed funding round led by a group of angel...

by WAYA Staff - Oct 15, 2025

Startups

Tunisian Fintech PayDay Raises USD 3M to Expand Salary Advance Platform 

PayDay Tunisian fintech company PayDay raised USD 3 million in a pre-seed investment round. The round was led by United...

by WAYA Staff - Oct 15, 2025

Startups

Oman’s ITHCA Invests USD 20M in US Semiconductor Firm Movandi

ITHCA Oman’s ITHCA Group, technology investment arm of the Oman Investment Authority, invested USD 20 million ( RO 8M) in...

by WAYA Staff - Oct 15, 2025