For Sara Menker, who is now representing herself in court, these legal battles represent a stark contrast to the heights she once achieved as a leader of a tech unicorn.
NoorNation, founded in 2021 by Ragy Ramadan, has developed a groundbreaking product called LifeBox. This innovative solution delivers clean energy and safe water to rural communities, farms, and tourism businesses, offering a much-needed alternative to traditional, often unreliable, energy sources.
In this latest round of funding, Orange Corners Innovation Fund is expanding its reach to Algeria and Egypt, partnering with the Algerian Startup Fund (ASF) and a collaboration between Falak Startups and Athar Accelerator, respectively.
In June, the bank issued a directive requiring banks and IMTOs to pay all diaspora remittances in Naira and match them with corresponding foreign currency inflows.
Investors were likely drawn to Waza’s rapid growth trajectory. Within five months, the company increased its monthly payment volumes from $280,000 to $70 million, translating to an annualized volume of $700 million.
The launch of “Boost Up Lab” in Tangier follows the successful conclusion of a similar program in Casablanca. The Casablanca edition attracted 45 participants and resulted in a significant increase in revenue and job creation for participating startups.
