Founders Factory Africa raises US$114M funding from Mastercard Foundation, Johnson & Johnson

Founders Factory Africa has secured an additional US$114 million in funding from Mastercard Foundation and Johnson & Johnson to scale its model to better serve founders across the African tech ecosystem. Founders Factory, which originally launched in London in 2015 and has already built more than 70 startups, launched African operations in Johannesburg in 2018, from where it plans to design, build and scale 140 disruptive tech startups across Africa.

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Incubeta acquires integrated digital marketing agency, Bruce Clay MENA as part of global expansion strategy

August 17, 2023

Leading digital marketing group, Incubeta announced its acquisition of Dubai-based integrated digital marketing agency Bruce Clay MENA, specialists in search, social and creative. This acquisition, the fourth in 12 months for Incubeta, will expand its global presence in the Middle East and North Africa, allowing the group to continue driving growth for clients through their expertise, and best practices in media, technology and creative.

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