Fast-Moving Consumer Goods, a sector that includes products that sell quickly at relatively low cost.
After raising $38M, African e-commerce startup Sabi lays off 20%, pivots to traceable exports
Sabi laid off around 20% of its workforce, approximately 50 employees, as part of a restructuring effort. The company is pivoting from a retail-focused platform to a growing business in commodity exports.
Egyptian fintech startup Zeal raises $4m funding round
Zeal has closed a $4 million funding round to expand in the MENA market. The fintech offers payment solutions to improve customer engagement and brand loyalty.
