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Keywords: Venture Capital


Gozem secures $30M funding boost from Al Mada Ventures to expand mobility and financial services in Africa

The Togolese startup Gozem has raised $30 million in a strategic funding round led by Al Mada Ventures, in collaboration with MSC Mediterranean Shipping Company. This investment brings Gozem’s total financing to $45 million since its inception in 2018, marking a significant step in the company’s......

Morocco's startup journey: challenges and the road ahead

A decade after hosting the Global Entrepreneurship Summit in Marrakech, Morocco’s entrepreneurial ecosystem has made strides in funding and support. Yet, the anticipated surge of high-growth startups capable of reshaping the national economy remains elusive. In 2014, the summit marked a pivotal......

Moroccan eyewear brand LNKO secures investment from Egyptian venture fund

A significant cross-border investment has emerged in North Africa's startup ecosystem as Egyptian-based Beltone Venture Capital invests in Moroccan eyewear company LNKO. The investment, while undisclosed, will fuel LNKO's expansion across Africa. LNKO, established in 2020 by Maha Bennani, has......

Empowering Africa's Rising Stars: Spotlighting Women Entrepreneurs in the Startup Frontier

In the rapidly evolving landscape of Africa's startup ecosystem, a crucial issue demands attention: the glaring underrepresentation of women entrepreneurs and the lack of investment in their ventures. As the continent's entrepreneurial spirit soars, addressing this disparity could unlock unprecedented......

US-Morocco Forum Unlocks Venture Capitalist Doors for Thriving Startups

Marrakech, Morocco – The United States Mission in Morocco, in collaboration with the US government's Prosper Africa initiative, recently hosted the US-Morocco Venture Capital Forum in Marrakech. This two-day event, held on May 27-28, aimed to strengthen US-Morocco commercial ties and open new......

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