In terms of funding, this year has been a generally satisfying one for the Nigerian tech ecosystem, as venture capitalists continue to pump money into startups in the country more than any of its counterparts on the continent. According to the Africa Tech and Fintech report by Renaissance Capital, Nigerian startups raised $678 million in
CAIRO: The Middle East and North Africa’s 50 most-funded startups attracted a total of $3.2 billion in fundraising since their inception, with 18 companies from the UAE, 12 from Saudi Arabia and 11 from Egypt, according to Forbes. UAE-based startups made most of the list, raising $964 million in total funding, followed by the Kingdom with $946.7 million and Egypt with $508.5
Africa s mobility fintech Moove raises $30 million from debut sukuk for UAE expansion : TechMoran techmoran.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techmoran.com Daily Mail and Mail on Sunday newspapers.
Nigeria’s mobility fintech company Moove, Uber’s largest vehicle supply partner in EMEA, has raised US$30 million from a debut sukuk issuance to fund its expansion into the United Arab Emirates (UAE). Founded in 2019 by British-born Nigerians Ladi Delano and Jide Odunsi, Moove is democratising vehicle ownership in Africa by providing revenue-based vehicle financing to mobility entrepreneurs.