Week 44: Africa and Middle East Funding Led by ABA Life

Week 44: Africa and Middle East Funding Led by ABA Life


Startups across Africa, the Middle East and Israel raised a combined $91.3 million this week, based on disclosed funding rounds tracked by Techloy, with investor capital flowing mostly into healthtech and AI. ABA Life and Bites took $40 million each, close to 90% of the total between them.

The Week’s Largest Startup Funding Rounds

Here are the biggest disclosed startup funding rounds across Africa, the Middle East and Israel this week.

1. ABA Life, $40M, Healthtech, Morocco 

ABA Life, the healthcare arm of Moroccan group ABA Technology, runs connected health services and care programmes with public institutions. It signed a $40 million deal with Admaius Capital Partners, still pending Competition Council approval, to grow its AI clinical platform and expand abroad.

2. Bites, $40M, AI Training, Israel 

Co-headquartered in Tel Aviv and New York, Bites turns company procedures into short training videos sent to frontline staff on WhatsApp, Teams, and other apps they already use. PeakSpan Capital led its $40 million Series A, which will fund US expansion and platform development.

3. Okra Solar, $7M, Clean Energy, Nigeria 

Founded in Australia and now based in Lagos, Okra Solar makes mesh grids that let neighbouring homes share solar power. BII’s $7 million debt facility lets it buy equipment in bulk for about 150,000 new connections in rural Nigeria.

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