Africa & Middle East

Investors are divided on Africa’s climate tech boom as hopes & hype collide

Africa’s climate tech scene is witnessing a massive influx of capital, as billions of dollars pour into startups and solutions across the continent. From renewable energy to sustainable agriculture, entrepreneurs and investors alike are betting big on technology’s potential to not only mitigate the devastating impacts of climate change but…

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GCC’s Evolving Startup Ecosystem Needs More than Money

I just completed another week in GCC, having visited Abu Dhabi, Dubai, and Saudi for the second time this year. I’ve been working in and investing in rapidly developing emerging market startup ecosystems for more than 20 years; it’s never boring to learn about a new one. And while I…

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Mobola da-Silva

Capria Ventures Appoints Mobola da-Silva as Partner

Nairobi, May 14, 2024 – Capria Ventures, a Global South specialist venture capital firm, today announced that it has appointed Mobola da-Silva, who joined as Venture Partner in February 2023, as Partner.  In her new role, Mobola will be instrumental in driving Capria’s investment strategy in Africa and contributing towards…

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Founder On Founder ep -1

Founder on Founder – Episode 1

A new video series in which portfolio founders from across the globe share their triumphs, challenges, and the secret behind building successful ventures. In this episode we feature Pravin Agarwala, Group CEO of BetterPlace, Asia’s largest human capital SaaS solution, and Dr. Emmanuel Okeleji, CEO of SeamlessHR, an HR technology…

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BFREE founders

BFREE Secures USD 2.95M in Funding Round Led by Capria Ventures

BFREE, Africa’s leading ethical credit manager, secures USD 2.95 million in funding led by Capria Ventures. Leveraging AI, BFREE reshapes credit collection, empowering consumers and lenders while fostering financial stability. With an initial focus on credit collection automation, BFREE now evaluates and structures portfolio acquisitions, attracting third-party investors seeking opportunities…

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Digital Payments

Paymob and Mastercard Partner to Drive Digital Payment Growth in MENA

  Paymob, a prominent financial services provider in the Middle East, North Africa, and Pakistan (MENA-P), has recently joined forces with Mastercard. This collaboration aims to boost digital payment adoption throughout the MENA region. This comprehensive, omnichannel partnership will utilize the strengths of Paymob’s payment infrastructure alongside Mastercard’s advanced payment technology….

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foundersphoto

Paymob secures Central Bank of Oman’s PSP license

From left to right: Mostafa Menessy, Co-founder & CTO; Islam Shawky, Co-founder & CEO; Alain El Hajj, Co-founder & COO. Image Courtesy: Paymob This is the first PSP license that CBO has issued to an international fintech company   MUSCAT, OMAN: Paymob, the leading financial services enabler in the Middle East,…

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Paymob partners

Paymob partners with Tamara to revolutionise SME payments in GCC

Paymob, a leading financial services enabler in the Middle East, North Africa, and Pakistan (MENA-P), has formed a strategic partnership with Tamara, the premier shopping and payments platform in the GCC region. Paymob, known for its robust omnichannel payments infrastructure, caters to over 250,000 merchants across the region. Tamara, on…

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Unitus Ventures is now Capria India

Unitus Ventures, a leading venture capital firm in India, is joining forces with its US affiliate Capria Ventures, a Global South specialist, to operate with a unified global strategy under a single brand, Capria Ventures.