COREangels MEA has launched its 5th Investment Committee, a three-day gathering that united global angel investors, local trailblazer founders, and regional partners from across MENA and Africa, from the Gulf to South Africa.
The event signals a new chapter in the region’s innovation story, driven by the convergence of smart capital and purpose-driven tech.
Held under the theme “Fintech as the foundation for inclusive growth,” the event was hosted by the Arab Academy for Science, Technology and Maritime Transport (AAST) and featured high-level participation, including Rui Falcão, President of COREangels International.
A key milestone included the signing of an MOU between COREangels MEA and AAST to jointly empower young innovators, especially those at early stages of their journey.
Maha Mandour, Chairperson of PTS Holdings and Founding Partner of COREangels MEA, shared the fund’s broader vision: “We don’t just inject funds, we believe in building comprehensive ecosystems. COREangels MEA brings capital, capability, and community support to the region’s most promising founders.”
With a total fund size of $10 million, the organisation invests up to $150,000 per startup, along with strategic advisory and operational development services through its innovation studio, Kemtix Ventures.
The fund operates under PTS Investments Holdings, which focuses on startups aligned with the UN Sustainable Development Goals (SDGs).
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COREangels Selects 5 Fintech Startups from 1,000+ Applicants
COREangels MEA narrowed over 1,000 applications to select five standout fintech startups tackling real-world financial inclusion challenges:
- eMaisha Pay (Uganda): Offers farmers access to microloans, savings, and crop insurance.
- RentBeta (East Africa): Enables flexible rent payments and automates collections for landlords.
- Aqua Offers (Egypt): Runs a smart platform for loyalty programmes and instant savings.
- Monak (MENA): Bundles financial, health, and insurance services for migrant communities.
- Reeple (Nigeria): Simplifies international payments for freelancers and remote workers.
These companies underwent a comprehensive evaluation via Kemtix Ventures, ensuring readiness for growth and alignment with the fund’s strategy.
The event featured interactive workshops, panel discussions, founder one-on-ones, and cultural experiences to deepen connections and root investments in local identity.
It also welcomed key players from Nigeria, Saudi Arabia, Jordan, South Africa, and the UAE, underscoring a growing commitment to a cross-border, impact-first investment ecosystem.
As Rui Falcão noted: “COREangels MEA is more than a fund, it is a trusted and secure bridge connecting regional innovation with smart, sustainable global investment opportunities.”
From capital to community, COREangels MEA is making it clear: impact is the new ROI.
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