Social networking platform, Facebook, has unveiled a brand new update that brings Facebook and Instagram closer together using Messenger. The latest update comes with…
IFC to invest up to $20m in SPE Capital to target firms in Egypt, Morocco, Tunisia
The World Bank’s International Financial Corporation (IFC) plans to invest up to $20-million in a new fund that will in turn invest in small…
BECO Capital closes $100m MENA-focused tech startup fund
Dubai-based early-stage venture capital (VC) firm BECO Capital has announced it has closed a capital raise for a $100-million Middle East and North Africa…
IFC invests $1m in Flat6Labs Tunisia’s Anava Seed Fund to support women entrepreneurs
The World Bank’s International Finance Corporation (IFC) has announced that it is investing $1-million in Flat6Labs Tunisia’s Anava Seed Fund. IFC said in a…
SA fintech LulaLend raises $6.5m from the IFC, Quona Capital
Cape Town based fintech startup Lulalend has closed a $6.5-million (R92-million) Series-A round led by the World Bank’s IFC and Quona Capital. The startup, which was…
