Wamda ومضة’s Post

The investment volume in the Middle East and North Africa (MENA) region experienced a substantial surge in May 2024. A total of 40 MENA startups managed to raise $282 million, which is a staggering 413% increase compared to April's $55 million. This growth was mainly driven by debt financing, which accounted for almost $140 million of the total amount. However, on a year-on-year (YoY) basis, the investment volume experienced a significant decline of 58%, dropping from $445 million reported in the same month last year across 39 deals. #Startups #Investments #Mena

The investment value in the Middle East and North Africa (MENA) region experienced a substantial surge in May 2024. A total of 40 MENA startups managed to raise $282 million, which is a staggering 413% increase compared to April's $55 million. This growth was mainly driven by debt financing, which accounted for almost $140 million of the total amount raised. However, on a year-on-year (YoY) basis, the deal value experienced a significant decline of 58%, dropping from $445 million reported in the same month last year across 39 deals. https://lnkd.in/gPH-TFDN #mena #startups #capitalraising #vcfunding #venturecapital #funding #recording #growth

As Q4 2024 almost comes to an end, tech startups in the Middle East and North Africa (MENA) demonstrated significant momentum, securing an impressive $258 million through 46 deals in November, a 92% increase month-on-month and a 196% down from the $764 million raised in the same month last year. However, when discounting the debt financing from the previous year's total investment, the disparity will be reduced to 32%.

African Start-Up Ecosystem Surpasses $1 Billion in 2024 Funding! The record-breaking funding in July underscores a growing global confidence in the potential of African startups to deliver high returns. The surge in funding for startups was driven by several large deals announced in mid-July, which include a $176 million securitization deal secured by d.light, a global provider of affordable household solar solutions, and a $157.5 million funding round by Egyptian Fintech MNT-Halan aimed at fueling their expansion. In addition to these major deals, other noteworthy contributions include Tanzania Fintech NALA’s $40 million Series A round earlier in July, which became one of the largest Series A transactions in Africa, and a series of other smaller funding rounds.- via Tekedia Capital https://lnkd.in/gyM-SWR4 #startups #africa #venturecapital

As Q4 2024 almost comes to an end, tech startups in the Middle East and North Africa (MENA) demonstrated significant momentum, securing an impressive $258 million through 46 deals in November, a 92% increase month-on-month and a 196% down from the $764 million raised in the same month last year. However, when discounting the debt financing from the previous year's total investment, the disparity will be reduced to 32%. #Startups #Investments #Mena #Funding

VC Market in Africa Investors becoming more cautious only funding viable business models. #Startups in Africa face challenges due to a significant drop in venture capital funding, cautious investor sentiment, and the struggle to build scalable and profitable business models amidst global economic downturns. https://lnkd.in/diceU2im

@ExcessEdgeExperts Inviting Founders, Entreprenurs and Startup Teams looking for Venture Capital Funding to Register and Share their Pitch-Deck on Our webportal https://lnkd.in/gDsyUDM7 Date of Opening of Call: April 15th 2024 Close of Call: April 30th 2024 Geographies: Europe, USA, Africa, MiddleEast, FarEast, UK, India Domains: #SaaS, #Fintech, #RetailSolutions, #GreenEnergy, #AlternativeEnergy, #EnergyStorage, #RealEstate, #B2BSolutions #B2B2C #mobility #SupplyChainSolutions #AdministrativeSolutions #LogisticSolutions #CircularEconomy #ECommerce and Others #portal #pitchdecks #venturefunding #startup #startupfunding #founders #entrepreneurs #venturebuilding #venturecapital #excessedgeexperts #registernow #calltoaction #venturecapitalists #globalcall #global #europe #uk #middleeast #fareast #india #funding #financing #privateequity #africa

@ExcessEdgeExperts Inviting Founders, Entreprenurs and Startup Teams looking for Venture Capital Funding to Register and Share their Pitch-Deck on Our webportal https://lnkd.in/gRRjvcj7 Date of Opening of Call: April 15th 2024 Close of Call: April 30th 2024 Geographies: Europe, USA, Africa, MiddleEast, FarEast, UK, India Domains: #SaaS, #Fintech, #RetailSolutions, #GreenEnergy, #AlternativeEnergy, #EnergyStorage, #RealEstate, #B2BSolutions #B2B2C #mobility #SupplyChainSolutions #AdministrativeSolutions #LogisticSolutions #CircularEconomy #ECommerce and Others #portal #pitchdecks #venturefunding #startup #startupfunding #founders #entrepreneurs #venturebuilding #venturecapital #excessedgeexperts #registernow #calltoaction #venturecapitalists #globalcall #global #europe #uk #middleeast #fareast #india #funding #financing #privateequity #africa

African startups raised about 80% more compared to week 36. Securing over $68.4 million in grant, equity & debt deals. Here's the funding tracker for week 37 (9th - 15th Sept. 2024): 4. Talk360 Talk360 is the international calling app used by more than 5 million people worldwide. ・Amount raised: $1.4 million ・Lead investor: HAVAÍC ・Location: South Africa ・Type of investment: Equity financing 3. Field Field streamlines the pharmaceutical supply chain, making it cheaper and more efficient. ・Amount raised: $11 million ・Lead investor: Bill & Melinda Gates Foundation ・Location: Nigeria ・Type of investment: Grant 2. Paymob Paymob is a technology platform that offers payment solutions to support digital financial service providers in Africa and the Middle East. ・Amount raised: $22 million ・Lead investor: EBRD Venture Capital ・Location: Egypt ・Type of investment: Equity financing 1. FlapKap FlapKap provides financing solutions that help SMEs boost their inventory and digital ads with fast cash and the option to pay later. ・Amount raised: $36 million ・Lead investor: BECO Capital ・Location: Egypt/UAE ・Type of investment: Equity & debt financing Additionally, Egyptian foodtech company Brottini sold a minority stake to Entlaq for an undisclosed amount. Meanwhile, Egypt-based climatetech NoorNation received an undisclosed investment from KBW Ventures. Want more insights and stories from entrepreneurs around the continent to help make building easier? Subscribe to our newsletter: https://lnkd.in/dFw3dXe

**Understanding the Realities of Raising Capital for Startups in Africa , Most of you won’t be able to raise money ** One of the most fascinating things about attracting high net worth individuals (HNIs) to invest in startups is recognizing that not everyone is ready for the long game. A funny story I heard recently illustrates this well—someone tried to get a well-known figure to join an angel investor network. After explaining the process of investing in startups, the person responded in Twi, essentially saying, "I’d make more money buying from China and selling." That’s the challenge: many HNIs in markets like Ghana don’t necessarily have *patient capital* or the willingness to wait 10 years for a potential return. As an entrepreneur, finding the *right* investors—those who understand the startup journey and the time it takes to scale—is critical. One interesting model that could work well here is **revenue-based financing**. It’s a simple arrangement: you invest in a startup, and instead of waiting years for a big exit, you get paid back as the company hits certain milestones or based on their annual revenue. This is something our local angels might find more appealing because it offers more immediate returns. Why aren’t more HNIs diving into startups? The truth is, we haven’t seen high-level exits in Ghana yet. Compare this to Nigeria’s Paystack, which was acquired by a major US company. Early investors saw a 40x return. After that deal, people started calling me, asking how they could invest in startups. The success story made all the difference. There’s also a growing trend in **corporate venture capital**. Companies like Standard Chartered and Old Mutual have venture arms that invest in startups aligned with their business goals. But alignment is key—you can’t approach a bank with a fish-selling business and expect investment. You need to understand their strategy and how your startup fits into it. For those looking for other avenues, consider the **Ghana Alternative Market (GAX)**. This parallel market on the Ghana Stock Exchange is designed for SMEs and startups that don’t meet the stringent requirements of the main exchange. Listing here not only gives you access to capital, but also boosts visibility and credibility. Just remember, with investment comes the need for transparency and regulatory compliance. **Key takeaway**: If you don’t want people asking questions about your business, don’t take money! 😅 #Entrepreneurship #StartupFunding #VentureCapital #GhanaStartups #InvestmentStrategy