Eyewa, a Dubai-based designer glasses online seller, raised $7.5 million during a funding round led by Wamda Capital.
During the round, Wamda Capital, which invests in tech firms operating in the MENA region, collaborated with six investors.
Eyewa will use the funds to increase its team and infrastructures as well as its expansion out of the UAE and Saudi Arabia.
The platform plans to enter the MENA region and to date, it has received a total of $8.6 million from investors.
Let’s note that in Morocco, the designer glasses market is estimated at MAD2 billion, according to a 2018 figure published by the Moroccan association of eyewear suppliers (association marocaine des fournisseurs d’optique).
Chamberline MOKO
Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...
S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...
Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...
Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...
Senegal, BOAD launch Fovas to monetize public infrastructure assets Fund aims to boost financing...
Kodal Minerals shipped 28,950 tonnes of spodumene concentrate worth $24 million from San Pedro to Hainan Mining. Bougouni became Mali’s...
Guinea launched consultations to draft a national AI strategy after an October assessment supported by the UNDP. The country scored 30.21/100 on...
South Africa exported $11.7 billion in agricultural products in the first nine months of 2025, up 10% from the same period in 2024. Agbiz...
Ethiopia adopts “Digital Ethiopia 2030” to guide digital transformation Strategy targets infrastructure, connectivity, innovation, and public...
Niokolo-Koba National Park, designated both a Biosphere Reserve and a UNESCO World Heritage Site, is one of the ecological treasures of Senegal and all of...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...