SME financing Archives

Tunisia's AfricInvest Receives USD 10.4M from Proparco to Fund SMEs

French development agency finance agency Proparco invests USD 10.4 million into Tunisia’s AfricaInvest’s latest SME focused fund. AfricInvest and Proparco Founded in the early 1990s, AfricaInvest is an investment and financial services company that is...

by WAYA Staff - Feb 2, 2025

Startups

Saudi’s LAHINT Secures USD 1M in Pre Seed Funding

LAHINT, a company specializing in government service automation, secured USD 1.06 million (SAR 4M) in pre-seed funding during LEAP 2025....

by WAYA Staff - Feb 11, 2025

Tech

WideBot AI Raises USD 3M in a Pre-Series A Funding Round

Riyadh-based AI startup WideBot.ai raised USD 3 million in a pre-series A investment round. The round was led by Wafra-backed...

by WAYA Staff - Feb 11, 2025

Markets

Raenest Secures USD 11M in Series A Funding to Expand to Egypt

Nigerian-based Raenest, a global multi-currency platform, secured USD 11 million in Series A Funding. The round was led by QED...

by WAYA Staff - Feb 11, 2025

Money

SWVL Announces USD 2M Private Placement

Pre-Funded Warrants Swvl Holdings Corp (SWVL), a mobility solutions provider, announced that investors have exercised their right to purchase additional...

by WAYA Staff - Feb 11, 2025

Markets

USD 14.9B Investments in AI Announced at LEAP 2025

On the first day of LEAP 2025, investments and projects valued at over USD 14.9 billion were announced in the...

by WAYA Staff - Feb 10, 2025

Tech

Microsoft to Launch ‘Responsible AI’ Foundation in Abu Dhabi

Microsoft Encourages Ethical AI Practices in the Middle East Microsoft has announced a plan to establish a foundation that supports...

by WAYA Staff - Feb 10, 2025

Tech

BRKZ Secures USD 17M Series A to Transform Construction Tech

BRKZ, a Saudi-based managed marketplace for construction materials, announced the closure of its $17 million Series A funding round. This...

by WAYA Staff - Feb 10, 2025

Markets

Salla Acquires Sweply to Elevate Digital Advertising for Merchants

Salla Ads Salla, Saudi Arabia e-commerce platform entered into an agreement to acquire Sweply, an innovative digital platform. ” This...

by WAYA Staff - Feb 10, 2025

Tech

Mush Social Acquires Pubbles to Strengthen Digital Leadership

Mush Social, announced its full acquisition of Pubbles, one of the region’s social media applications. This follows the successful incubation...

by WAYA Staff - Feb 10, 2025

Markets

Ras Al Khaimah DAO Launches USD 2M Web3 Accelerator

Ras Al Khaimah Digital Assets Oasis (RAK DAO), UAE Free Zone for digital assets companies, announced the launch of its...

by WAYA Staff - Feb 9, 2025

SME financing

Tunisia's AfricInvest Receives USD 10.4M from Proparco to Fund SMEs

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