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Tunisia operators make mobile money interoperable
Tunisia became the latest country to introduce interoperability between rival mobile money services, with the functionality set to be expanded to traditional financial institutions.
- Categories
- Inclusive Fintech
- Region
- North Africa & Near East
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MENA FinTech market to attract $2 billion in deals
The current MENA fintech market is estimated at $2 billion and expected to witness an annual growth of $125 million until 2022, according to MENA Research Partners (MRP).
- Categories
- Inclusive Fintech
- Region
- North Africa & Near East
- Tags
- fintech, MENA, MENA region, startups
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Islamic Development Bank looks to expand its support of innovation and entrepreneurship
The Islamic Development Bank annual meetings are underway this week in Tunisia, and one of the themes being discussed is social innovation.
- Categories
- Entrepreneurship
- Region
- North Africa & Near East
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MENA startup data platform closes $1 million seed funding round
Having released over 20 reports since inception, a core focus of the MAGNiTT platform is education through data-driven analysis for its subscribers. The platform currently hosts 5,500 start-ups, over 12,000 users including over 300 individual investors and more than 150 funding institutions, be VCs or Angel Investors.
- Source
- Press release
- Categories
- Investing
- Region
- North Africa & Near East
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Egyptian Millennial Entrepreneur Builds Sustainable Housing In The Desert
In 2016, the Egyptian housing ministry estimated that a staggering 500,000 new homes need to be built every year for five years to keep pace with the population growth. Despite these efforts, many Egyptians cannot afford these homes. As a result, they live outside urban city centers in informal settlements with poor access to adequate housing, education or healthcare services.
- Categories
- Entrepreneurship
- Region
- North Africa & Near East
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NAMA Signs Partnership to Provide Social Entrepreneurship Training for UAE Women
The joint venture will see the two entities collaborating on the “Badiri Social Entrepreneurship Programme”, which will take 20 women on an educational journey across three countries: the UAE, the UK and India. It will give them a chance to receive first-hand experience of what it is like running a social enterprise and to be inspired by expert social entrepreneurs and previous SSE graduates.
- Categories
- Entrepreneurship
- Region
- North Africa & Near East
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Press release: Village Capital and MetLife Foundation Award $50,000 To Middle East Financial Health Startups at Forum in Dubai
“MetLife Foundation is proud to partner with Village Capital on this innovative financial health forum that identifies and accelerates early-stage entrepreneurs who are leading the way toward a more financially inclusive Middle East,” said Dennis White, President and CEO, MetLife Foundation. “Village Capital’s approach to identify and support local entrepreneurs that have a deep understanding of culturally-relevant customer needs and solutions helps advance MetLife Foundation’s overall goal to provide individuals and communities with the tools they need to achieve sustainable financial well-being.”
- Categories
- Entrepreneurship
- Region
- North Africa & Near East
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Press release: Moneyfellows wins MetLife Foundation Financial Innovation Competition powered by Verb, Secures $50,000 Grant
The competition was open to entrepreneurs, businesses and non-profit organizations and aimed to discover innovative solutions to promote financial capability and access to financial services. With more than 30 entries, Moneyfellows won the grand prize and collected a grant of $50,000.
- Categories
- Inclusive Fintech
- Region
- North Africa & Near East
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