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Day: September 18, 2024
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US Firm Sultan Ventures Expands to Africa With Acquisition of Egypt’s Acasia Group
Acasia Group, a prominent multi-incubator operator and angel investment syndicate in Egypt, has been acquired by Sultan Ventures, a US-based venture firm.
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South African Fintech Happy Pay Secures $1.8 Million in Pre-Seed Funding to Expand BNPL Services
South African fintech startup Happy Pay has secured R32 million ($1.8 million) in pre-seed funding to fuel its growth and expand its Buy Now, Pay Later (BNPL) offerings.
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Algerian Edtech LabLabee Raises $3.4 Million in Seed Funding Led By Reach Capital
Algeria-based edtech startup LabLabee has secured $3.4 million in seed funding to accelerate the adoption of 5G, cloud, and AI technologies in the telecom and industrial sectors.