Naguib Sawiris's battery-swapping group has built the largest network of its kind in the Middle East and North Africa. Whether each cabinet earns back the batteries it cycles is a question it has not answered.
Plus VC, a prominent venture capital firm in the Middle East and North Africa (MENA), led the round, with participation from leading regional and global investors, including Plug and Play, Orbit Startups, Jedar Capital, and other strategic partners.
Furaha’s platform integrates Yabx’s advanced AI capabilities and alternative lending technologies to develop robust credit scoring systems using diverse data sets.
The rebranding also coincides with Binance CEO Changpeng Zhao’s (CZ) departure from the company’s day-to-day operations, a move described by YZi Labs as a “natural progression.”
Early-stage startups will receive a $50K grant and growth-stage startups will receive a $225K grant to unlock major partnerships that can expand patient access across the continent.
Naguib Sawiris's battery-swapping group has built the largest network of its kind in the Middle East and North Africa. Whether each cabinet earns back the batteries it cycles is a question it has not answered.
In the space of a fortnight, a handful of browser games built by Nigerian developers has generated more attention, and more argument, than the country’s game industry has seen in years. The question is whether any of it constitutes a market.
