Justyol, a Morocco-based cross-border e-commerce platform, has secured a \$1 million funding and financing package to accelerate its growth and regional expansion. The package includes \$400,000 in equity from a private angel investor and \$600,000 in inventory financing from Turkish investment firm Danis Group, facilitated by Nomadic Minds. This milestone marks a significant step in…
Egypt’s Intella, the market leader in dialectal Arabic speech intelligence, has successfully raised US\$12.5 million in an oversubscribed Series A round. The investment is set to accelerate the company’s mission of building advanced AI models tailored to Arabic dialects, while also strengthening enterprise capabilities and driving expansion across the MENA region. This milestone follows a…
Moroccan influencer marketing startup Hypeo Ai has secured an undisclosed investment from Renew Capital to accelerate the growth of its AI-powered influencer marketing platform. Founded in 2024 by Meriam Bessa, Oussama Sekkat, and Salah Eddine MIMOUNI, Hypeo Ai is designed to streamline influencer campaigns across Africa and the Middle East, addressing inefficiencies caused by manual…
Nigerian startup ZippCart is pioneering smart, offline-first self-checkout solutions designed for retail stores in emerging markets, starting with Africa. Founded in early 2025, ZippCart addresses long-standing inefficiencies in African retail, including long queues, slow manual checkouts, and outdated infrastructure. The device attaches directly to shopping carts, allowing customers to scan items as they shop, track…
The African Development Bank Group (AfDB) and Japanese drone manufacturer Aerosense Inc. have formalized a partnership to advance drone technology initiatives across Africa. The agreement, marked by a Letter of Intent signed at the ninth Tokyo International Conference on African Development in Yokohama, establishes a framework for cooperation, information sharing, and exploration of co-financing opportunities….
Female-led startups in South Africa now have an opportunity to apply for the fourth edition of the Innovest Ignite Accelerator, a programme designed to help early-stage ventures attract investment and scale their impact. This initiative focuses on empowering women entrepreneurs who are driving innovation and building businesses with the potential to create meaningful change. The…
Just now • Visible to anyone on or off LinkedIn Vodacom Group has reached a significant milestone with the approval from South Africa’s Competition Appeal Court to proceed with its acquisition of a 30% stake in MAZIV, which houses key fibre assets including Vumatel and Dark Fibre Africa Zimbabwe. This approval, subject to revised conditions…
Airtel Nigeria has announced the appointment of Dinesh Balsingh as its new Chief Executive Officer and Managing Director, effective November 1, 2024. This marks a significant leadership transition as Balsingh takes over from Carl Cruz, who has resigned to return to the Philippines. Balsingh brings a wealth of experience and a strong track record in the telecommunications industry, making him a valuable addition to Airtel Nigeria’s leadership team.
