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
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...
AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW pla...
Mobile phones have become essential tools for work, education, payments and staying connected across...
MTN Ghana launches crackdown on mobile money agent fraud Audits trigger warnings, suspensions...
After a decade of reforms, Benin’s agricultural sector has emerged as a cornerstone of economic transformation. The election of Romuald Wadagni marks the...
ECOWAS reviews 2025 agricultural projects at Lomé meeting Around 20 programs assessed to set 2026 priorities Food insecurity affects nearly...
Togo tax-to-GDP ratio at 13.1%, below regional 20% target New 2027–2029 budget framework aims to improve fiscal planning Government seeks...
Equity Bank proposes smartphone financing to boost digital adoption in DRC Low ownership persists, with only 8% of population using...
Burkina Faso launches “SORA” university series filming in Ouagadougou 25-episode project explores student life challenges and...
The Virunga Gorilla Marathon is a relatively recent initiative held in the Virunga region, a volcanic mountain range straddling the borders of the...