Anghami confirms that it is raising a new round and also considering acquisition offers from multiple parties Anghami, the leading music streaming service of the Middle East & North Africa has confirmed that it has signed JPMorgan to work on their next round of funding and is also considering multiple acquisition offers by multiple parties.
Jordan’s Solfeh raises $400,000 seed led by Edgo VC to provide same-day microloans to salaried employees Solfeh according to the statement has extended more than 3000 loans over the past 18 months and has partnered up with more than 60 employers (all of them are public enterprises) to offer its services.
Omani non-profit acquires online Arabic courses marketplace Nadrus Founded in 2014 by Ahmad El Chayati and Ahmad Al-Shagra, Dubai-based Nadrus according to the statement, serves 200,000 Arabic speaking learners with over 100 free and paid online courses on different topics including Microsoft Excel, Adobe Photoshop, ecommerce, and Android Development.
IFC Invests $1m into Flat6Labs’s Anava Seed Fund to Bolster Tunisia’s Startup Ecosystem IFC, a member of the World Bank Group, is investing $1 million into Anava Seed Fund (ASF), an accelerator and early stage fund managed by Flat6Labs Tunisia, to boost tech entrepreneurship and women entrepreneurs in the country.
Algerian ride-hailing startup TemTem raises $4 million in country’s largest Series A from Tell Venture Automotive Algiers-based ride-hailing startup TemTem has raised $4 million in a Series A round, the startup announced in a statement to MENAbytes today. The investment came from Tell Venture Automotive (that’s apparently associated with Tell Group, a Luxembourg-headquartered financial services company) and some other undisclosed investors.