Rentify has launched in the UAE, offering a tech-driven rental experience with AI-powered solutions, automated rent collection, and flexible payment options. The company secured $500,000 in funding and is already handling AED 1.5 billion in property value. It aims to streamline the rental process for both landlords and tenants.
The Ugandan government has partnered with Rowad Capital Commercial (RCC) to revitalise Uganda Telecommunications Corporation (UTel). RCC will take a 60% stake in UTel, with the government retaining 40%. This partnership aims to commercialise Uganda’s ICT National Backbone Infrastructure, attracting private sector clients and increasing revenue.
Finja has secured additional investment in its Series A round from Habib Bank Limited (HBL), joining previous investors. The investment will support Finja’s efforts to provide digital loans to Pakistan’s SMEs, a crucial sector for the country’s economy. HBL’s involvement strengthens Pakistan’s fintech landscape and digital financial inclusion.
Egypt will participate in 26 projects under the INTERREG NEXT MED programme, funded by the EU. The projects will focus on sectors such as SMEs, tourism, education, environmental sustainability, and climate change. The programme aims to promote smart, sustainable, and inclusive development across the Mediterranean Basin.
ORA Technologies has raised $1.9 million in pre-Series A funding, increasing its total capital to $4.4 million. The investment will fuel the growth of ORA Cash, Morocco’s first social mobile wallet, and KooulMaroc, a food delivery service. This marks a key step in advancing Morocco’s digital and financial services.
YORA Technologies has raised $1.9 million in a pre-Series A funding round, bringing its total capital to $4.4 million. The investment will support the growth of its food delivery service, Kooul, and accelerate the development of ORA Cash, a digital payment solution, advancing digital and financial inclusion in Morocco.
ORA Technologies has raised $4.4 million to scale its digital financial services in Morocco. The funding will support the growth of its ORA Cash mobile wallet and e-commerce platform, KooulMaroc. With 300,000+ downloads, ORA Technologies aims to improve digital accessibility and financial inclusion for Moroccan consumers.
ToumAI, a Moroccan AI startup, raised USD 1 million in pre-seed funding to enhance its AI-driven customer experience solutions tailored to African languages and cultural nuances. The funding will support the growth of its HolistiCX suite, market expansion, and team development. ToumAI aims to improve inclusivity in digital transformation.
ORA Technologies, a Morocco-based superapp, has raised $1.9 million in a pre-Series A round, bringing its total funding to $4.4 million. The company plans to expand its financial services platform, ORA Cash, and e-commerce marketplace, KooulMaroc, aiming to enhance digital payments and financial inclusion in Morocco.
LoftyInc Capital Management has raised $43 million for its LoftyInc Alpha Fund, aimed at late-seed investments in African tech startups. The fund will focus on key markets like Nigeria, Egypt, and Kenya, supporting sectors such as financial services, AI, and healthcare to foster innovation and scalable growth in Africa.
