– MaxAB, the Egyptian B2B e-commerce platform, raised $15m in Series A extension.
– The round was led by existing investors RMBV, IFC, Flourish Ventures, Crystal Stream Capital, Rise Capital, Endeavour Catalyst, Beco Capital and 4DX Ventures.
– The company plans to launch new product offerings and grow its team.
– It also acquired WaystoCap, a Moroccan B2B e-commerce and distribution platform.

– Taager, a social e-commerce platform, secured $6.4m in seed funding.
– The round was led by Pan-African focused VC 4DX Ventures.
– It also included participation from Raed Ventures, Beco Capital, Breyer Capital and some private investors, including Magnus Olsson, co-founder of Careem.
– This is Breyer Capital’s first investment in the MENA region.

– Tribal Credit, a startup that provides payment products for startups and small to medium-sized businesses (SMBs) in emerging markets, raised $34.3m in a combined Series A and debt round.
– The round was led by QED Investors and Partners for Growth (PFG), and joined by BECO Capital, Global Ventures, OTG Ventures and Endure Capital, and new investor Endeavor Catalyst.
– The company also received $3m from the Stellar Development Foundation.

– Abwaab from Amman, Jordan is an online learning platform that allows secondary school students in MENA to learn at their own pace, test themselves and get ahead with expert tutors anytime and anywhere.
– The platform, which offers concept-based video lessons, visualized learning journeys, continuous assessment, and performance-tracking features, can be accessed via desktop and mobile web.
– The company raised $5.1M USD seed funding led by 4DX Ventures, BECO Capital, EQ2 Ventures, Foundation Ventures, GSV Ventures, and Spartech Ventures.
– The new investment will be used to accelerate the company’s regional expansion starting with Egypt.