Inspiring Africa's Sustainable Business Growth
SENEGAL – Kasada, an independent real estate private equity platform dedicated to hospitality in sub-Saharan Africa, has announced that it has acquired one of the most popular seaside resorts in Senegal: The Lamantin Beach Resort & Spa. This is Kasada’s 4th property in Senegal following the acquisition of the Pullman, Novotel and Ibis Dakar in January 2021. “The Senegalese economy…
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EGYPT – Kenzz, an e-commerce platform bringing shopping to the masses in Egypt and the Middle East, has announced a US$3.5 million seed round to expand its product categories, broaden the product categories on its platform, acquire people, and invest in technology when it releases its app. Outliers Venture Capital, a MENA-focused venture capital firm located in the United States,…
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Glamera secures US$1.3m seed fund to expand geographically EGYPT – Egypt’s SaaS startup, Glamera, has secured US$1.3 million in a seed fund round led by Riyadh Angels Investors (RAI), with participation from Techstars Accelerator, Ithraa Venture Capital, 100 Ventures, Silicon Valley Venture “Lucrative Ventures”, and Super Angel Investors. The All-In-One platform provides B2B services to beauty and lifestyle services providers…
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