Cercli banks $4 million seed funding to streamline payroll management in North Africa
Cercli, a payroll startup, has raised $4 million in seed funding. The funding round was led by San Francisco-based Afore Capital.
Funding in Africa’s Venture Capital Ecosystem Plummets 57% Amid Global Uncertainty
Total funding in Africa reached just $393 million, a steep 57% decline compared to the same period in 2023. The funding decline is particularly noticeable in the reduction of larger deals beyond Series 'A'.
Meta And Startupbootcamp Launch AI Programs in MENA
Meta and Startupbootcamp have joined forces to launch Llama Design Drive, an AI program for MENA startups. Startups joining the program may get fast-tracked into a global initiative sponsored by Meta.
Egyptian Startup OneOrder Raises $16 Million in Series A Financing
Woda is the first local business to supply telecom towers to Safaricom Ethiopia. Safaricom Ethiopia's network expansion will enhance coverage and capacity.
