The UK government’s development finance institution (DFI) British International Investment (BII), formerly known as CDC Group, has announced its plan to invest US$100 million in Egyptian startups over its current strategy period.
Houm is a proptech that delivers an end-to-end service to be everyone’s partner at every stage of their real estate cycle. It is a real estate accelerator that allows you to rent, buy, manage and sell properties through a digital technology platform quickly and easily. It comes to democratizing the industry by eliminating paperwork, bureaucracy, and slow processes and embracing the technological, digital, fast, and ecological.
Kippa, the Nigerian startup improving the lifecycle of small businesses across the country with its financial management and payments platform, has raised $8.4 million in an oversubscribed seed round.
Salesforce has reversed course on its bid to acquire data management and integration platform Informatica a source has told Reuters. Informatica itself said that it is not in talks to be acquired. Salesforce stocks rose on this latest news while Informatica’s fell.