Egyptian e-Commerce Startup, el-dokan Secures $550,000 Pre-seed Round

Egyptian e-Commerce Startup, el-dokan Secures $550,000 Pre-seed Round

A collection of local and regional investors, including EFG EV and Flat6Labs, 500 Global, and Hala Ventures, led a $550,000 pre-Seed round of funding for the Egypt-based enterprise e-commerce solutions startup el-dokan. Every retailer’s business strategy today includes e-commerce, and platforms and technology providers are vying to offer merchants the finest tools possible to help…

Africa’s Female Focused Community, Herconomy, Raises $600,000 Pre-Seed Funding to Unveil Financial Services and Boost Operations

Africa’s Female Focused Community, Herconomy, Raises $600,000 Pre-Seed Funding to Unveil Financial Services and Boost Operations

Herconomy is leveraging fintech to empower women, from creating a women-focused social media community to planning Africa’s largest financial services platform for women. Women make up half of the world’s population, but they face greater barriers to financial products and services that can improve their well-being and economic empowerment. According to UNCTAD, based on World…