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YoLa Fresh Raises $7M in Pre-Series A Funding

YoLa Fresh, a Moroccan agritech startup building a transparent and sustainable fresh food supply network, raised $7M in Pre-Series A funding. The round was led...

Cypherleak Closes US$750K Seed Funding

Cypherleak, a Newark, DE-based cyber risk monitoring and scoring startup, raised US$750K in Seed funding. Backers included Maroc Numeric Fund II and Qatar Insurance Company. The...

Equiti Group Acquires Cloud Invest

Equiti Group, a Dubai, UAE-based provider of trading technology and services for platforms, acquired Cloud Invest, a Casablanca, Morocco-based digital payment technology provider. The amount...

Promamec Receives €30M Minority Equity Investment from Vantage Capital

Promamec, a medical equipment and consumables distributor in Morocco, received a €30m minority equity investment from Vantage Capital. The deal will facilitate the exit...

Freterium Raises $4M in Seed Funding

Freterium, a Casablanca, Morocco-based transport management software provider, raised $4M in Seed funding. The round was led by Partech, with participation from Y Combinator, Flexport,...

Banco Sabadell Opens Branch in Casablanca to Support Spanish Companies

After acquiring Mellon United National Bank in Florida in July and opening a representative office in Dubai in September, Banco Sabadell inaugurated a new...

EIB, €600M in loans for SAAB and Renault

The European Investment Bank (EIB) has approved loans to European-based car makers SAAB Automobile AB and Renault worth a total of €600m.A €400m loan...

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