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Daily Digest Tues, Apr. 21, 2020

We bring you the latest funding information from across Africa

Zayed Sustainability Prize opens applications to innovators with $3m in prize money

The Zayed Sustainability Prize is calling on African innovators who have solutions that address some of the world’s biggest sustainability challenges to enter its 2021 edition.

Funding in Southern Africa

VC firm Enygma Ventures has launched a ZAR20 million (US$1 million) fund to support African startups, entrepreneurs and innovators that are building solutions for the post-pandemic world.

Enygma Ventures, the US-based VC firm founded by award winning entrepreneurs Sarah and Jacob Dusek, last year launched a fund with a focus on investing in women entrepreneurs in the SADC region, making it’s first investment last week,. Read more

Funding in West Africa

Nigeria-based Startup PalmPay Launches A $260k COVID-19 Support Fund.

At a time when most start-ups are looking for ways to conserve cash, pan-African fintech start-up, PalmPay, has announced the launch of PalmPay CARES, an N100 million ($260k) humanitarian response plan to support the fight against the deadly Coronavirus in Nigeria. Read more.

Funding in North Africa

Egyptian accelerator offers startups $63k in funding to help them survive COVID-19 crisis

Egypt-based accelerator programme Falak Startups is offering up to EGP1 million (US$63,000) in direct investment, support and perks for startups to help them survive the COVID-19 crisis.. Read more.

Get Funded Africa is a great way to access funding information across the African continent.

If you have not subscribed to our newsletter click the link here and get the latest information about funding daily, weekly or monthly.

If you would want to get in touch with our team to discuss about funding for your project or business. Send us an email – mary@getfundefafrica.com.

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