Halan, an Egyptian ride-hailing tech company, raised an undisclosed volume of funds during an operation managed by Singaporean Battery Road Digital Holdings and venture capital firm Algebra Ventures.
"Halan is a technology solution that is built to put people first and improve their livelihoods. All over the country, it moves people and goods safely, efficiently, and economically and generates thousands of jobs. We will use this round of funding to expand to more cities and more countries, offer more services, and to build better technology", said Mounir Nakhla, the startup’s co-founder.
Halan informs that since its launch in 2017, it has facilitated more than 3 million trips in Egypt. This startup provides its services in towns where the residents have no access to transportation means.
Chamberline Moko
The fintech leaders primarily emerge from Nigeria, Egypt, Kenya, and South Africa, nations recognize...
By linking ECOWAS countries, the project enhances regional digital infrastructure, which is crucial ...
As digital technologies reshape Africa's job market, digital skills are becoming crucial for youth i...
Non-bank institutional investors, though still a minority, are increasing their presence in the West...
Highlights: • $20 billion in investment pledged by Chinese firms for agriculture, mining, auto...
• Belgian investor Victoria Equity injected $6.2M loan, proposing share conversion that would dilute State control.• Minister Bussa urges matching...
• African Gold began a 40,000m drilling program at Didievi in Côte d’Ivoire, running through 2026.• Backed by Montage Gold’s \M investment, it targets...
• Ghana has terminated Rocksure International’s lease for the Nyinahin bauxite deposit, Reuters reported on July 28.• The $1.2B project with GIADEC...
What seemed like a routine administrative matter has drawn Madagascar into an international controversy. Five Boeing 777 aircraft, briefly registered with...
Garamba National Park, located in the northeastern Democratic Republic of Congo, is one of Africa’s oldest and most iconic protected areas. Established in...
Perched in the rugged heights of the Djebel Nefoussa in northwestern Libya, Qasr Al Haji (also spelled Ghasr Al-Hajj) is a striking example of traditional...