Flend, a digital lender for small and medium-sized enterprises (SMEs), has become the first Egyptian company to be officially granted "Startup Label" certification.
The newly formed entity, to be known as Ignite Energy Access, is projected to serve over 15 million people across 14 African nations, leveraging a combined operational footprint and a shared ambition to tackle energy poverty.
Google, Amazon, Meta, Microsoft, and Salesforce are already developing Agentic AI for business use, but in the hands of cybercriminals, its implications are alarming.
The funding highlights the increasing investor interest in circular economy models within Africa, particularly those addressing the continent’s unique.
The investment in Widebot reflects a broader trend in Saudi Arabia, as the Kingdom actively seeks to diversify its economy away from hydrocarbons under its Vision 2030 plan.
The acquisition of PaySpace — which serves over 15,000 clients, including global brands like Heineken, Coca-Cola, and Puma — fits into Deel’s broader ambition to strengthen its foothold in the payroll technology space, particularly in Africa and the Middle East.
Flend, a digital lender for small and medium-sized enterprises (SMEs), has become the first Egyptian company to be officially granted "Startup Label" certification.