Africa’s startup funding rebounds in April 2025, South Africa and Egypt lead
Africa's startup funding rose to $343 million in April 2025, a significant increase from $50 million in March. Year-to-date funding reached $803 million across 163 deals, a 43% increase compared to the same period in 2024.
Bokra’s Groundbreaking Sukuk Issuance Ushers in a New Era for Islamic Fintech in Egypt
Bokra raised 3 billion Egyptian pounds ($58.9 million) through its inaugural sukuk issuance. The sukuk issuance is structured with an 84-month term and aims to bolster Aman Project Finance’s Sharia-compliant lending portfolio.
Egyptian Fintech Bokra Secures $4.6 Million in Seed Funding Round
Bokra app offers personalized financial and investment planning across various asset classes. Bokra aims to make high-yield and asset-backed investment opportunities accessible to retail investors.
Egyptian fintech Bokra raises $4.6 million in pre-seed for wealth expansion
Bokra raises $4.6 million in a pre-seed round to launch the Bokra app and expand its investment product offerings. The company aims to revolutionize wealth management in MENA by providing goal-based investment and savings products via asset-backed securities.
