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Berlin-based contech startup Flexcavo receives around €7m to expand and digitize the construction industry
After the successful completion of the seed financing round with 6.4 million euros in September 2021, Berlin-based contech startup has increased its capital by around €7 million through various lenders.
IFC launches program to support startups expand across the Maghreb region
IFC launched a new advisory program aimed at making it easier for startups in Algeria, Libya, Morocco and Tunisia, expand their operations across North Africa.
[Algeria] Sonatrach invests in university incubator for startups
Algeria state owned oil company Sonatrach has partnered with the National Agency for the Promotion of Research and Technological Development Results (ANVREDET), to establish a university incubator for start-ups.