MENA

BNPL FinTech valU Acquires Paynas to Expand Offering in MENA
BNPL FinTech valU Acquires Paynas to Expand Offering in MENA
August 22, 2022  |  Buy Now Pay Later

Buy now, pay later (BNPL) FinTech valU has acquired employee management and benefits company Paynas, saying this will contribute to valU’s mission of bringing seamless...

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BNPL Firm Tamara Picks Up $100M in Series B 
BNPL Firm Tamara Picks Up $100M in Series B 
August 22, 2022  |  Investments

Saudi Arabian buy now, pay later (BNPL) startup Tamara has raised a $100 million Series B equity round led by Sanabil Investments with participation from...

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UAE Attracts $700M in H1 2022 Investment, Maintains Position as MENA’s VC Capital
UAE Attracts $700M in H1 2022 Investment, Maintains Position as MENA’s VC Capital
August 18, 2022  |  emea

One of the biggest Middle East and North Africa (MENA) economies, the United Arab Emirates (UAE), has cemented its position as the leading destination for...

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Mobile Wallets Offer Egypt Digital Transformation and Use Case Expansion
Mobile Wallets Offer Egypt Digital Transformation and Use Case Expansion
August 18, 2022  |  Payments Innovation

According to World Bank data, in 2021 just 22% of the Egyptian population over the age of 15 owned a debit or credit card, and...

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4 Years After Passing Its Startup Act, AI Proves to Be Winner for Tunisia
4 Years After Passing Its Startup Act, AI Proves to Be Winner for Tunisia
August 17, 2022  |  Startups

Last month, Nigeria passed a bill through the Senate and House of Representatives that is designed to foster a culture of innovation and a supportive...

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How Mobile Device Manufacturing Is Boosting Growth in Egypt’s Electronics Sector
How Mobile Device Manufacturing Is Boosting Growth in Egypt’s Electronics Sector
August 16, 2022  |  Technology

Egypt’s manufacturing sector is not known for its high degree of specialization in electronics, and like many others, the country has traditionally relied heavily on...

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UAE-Based Alaan Introduces Cashback Business Card
UAE-Based Alaan Introduces Cashback Business Card
August 15, 2022  |  B2B Payments

United Arab Emirates-based corporate spend management firm Alaan has rolled out the UAE’s first business cashback card, a press release said Monday (Aug. 15). The...

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UAE Processes $3B in Transactions in 2021, Plans to Roll Out Instant Payment Platform in Full Swing
UAE Processes $3B in Transactions in 2021, Plans to Roll Out Instant Payment Platform in...
August 14, 2022  |  Mena

The Central Bank of the United Arab Emirates (CBUAE) released its 2021 Financial Stability Report this month detailing measures put in place to mitigate the...

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Drone Delivery Services Shape Africa’s Healthcare Space
Drone Delivery Services Shape Africa’s Healthcare Space
August 08, 2022  |  Healthcare

In the 21st century, autonomous flying vehicles known as drones have crossed over from science fiction to reality. Applications of drones include surveillance, filmography and...

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