The seed cheque is BasharSoft's first investment since acquiring career platform iCareer, and signals interest from MENA's recruitment incumbents in newer models of professional engagement.
Companies investing in labelled startups can deduct up to 30% of their income or profits, with a ceiling of 200 million Algerian dinars (approx. USD$1.5 million)
The platform’s launch is timely, coinciding with the Central Bank of Nigeria’s (CBN) recapitalization directive, which has spurred numerous offers for subscription and rights announcements by Nigerian banks.
Founded in in 2023 by Doris DJAGLO and Jean Pignan, Makifaa’s unique approach blends the creative talents of local photographers with cutting-edge artificial intelligence (AI) to deliver personalized media solutions within an impressive 48-hour timeframe.
The Alitheia IDF Fund, for instance, saw its carrying value increase from $4.2 million in 2022 to $5.1 million in 2023, indicating successful investments and positive performance.
The SheWinsAfrica initiative welcomes applications from women-led startups across all sectors in Sub-Saharan Africa. To be eligible, startups must have at least one female founder.
“Our investment will support an increased volume of remittance transactions into Africa, by pre-funding over $1 billion worth of transactions per year. Sending money to Africa is expensive..."
The seed cheque is BasharSoft's first investment since acquiring career platform iCareer, and signals interest from MENA's recruitment incumbents in newer models of professional engagement.
responsAbility is perhaps best known in impact-investing circles for its early backing of Greenlight Planet, the off-grid solar company that rebranded as Sun King.