MENAbytes’ Weekly Startup News Roundup: March 25, 2023

MENAbytes’ Weekly Startup News Roundup: March 25, 2023

From funding rounds to new product launches and partnerships, the MENA region’s startup ecosystem has had quite a busy week. In MENAbytes’ weekly startup news roundup, we highlight the most important news and updates from the MENA tech and startup scene, keeping you informed and up-to-date on the latest developments in the region.

Here’s what happened this week:

Africa Business Heroes, RiseUp’s North Africa Partner, Opens Applications for 5th Edition

Applications are now open for the fifth edition of Africa’s Business Heroes (ABH), a program that gives African entrepreneurs a unique platform to showcase their startups. The top 10 finalists will share a $1.5 million cash grant to grow their businesses. Read more about Africa’s Business Heroes and find out how to apply.

SAMA Grants ’Creative Future for Digital Brokerage’ License to Carry out Finance Aggregation Services

The Saudi Arabian Monetary Authority (SAMA) has granted Creative Future for Digital Brokerage, a Saudi Arabia-based financial technology company, license to carry out finance aggregation services in accordance with the Rules of Licensing Finance Support Activities.

Creative Future for Digital Brokerage is a leading digital investment platform in Saudi Arabia, offering investors access to a range of investment products through an intuitive digital interface.