Nuwa Capital fund targets MENA, East African, Pakistan, Turkey startupsByFebruary 12, 2020: Nuwa Capital, a new fund has been launched for tech startups in the Middle East North Africa (MENA) region, including Kingdom of Saudi Arabia and UAE, East Africa, Pakistan, and Turkey. The fund was launched at the STEP conference in Dubai by its managing partner Khaled Talhouni. Excited to have officially launched Nuwa Capital at @stepconference today. pic.twitter.com/BcqAIEgaM5— Nuwacapital (@nuwacapital) February 11, 2020Former Wamda Capital managing partner Talhouni said Saudi-based conglomerate Al Faisaliah Group is joining Nuwa Capital as a strategic partner and anchor investor. “The financial and strategic partnership between Al Faisaliah Group and the Nuwa Capital team brings together an unparalleled network across the GCC and the wider region, providing Nuwa portfolio companies unrivaled access to key markets and expertise,” he said.

Source: The North Africa Journal February 12, 2020 10:30 UTC