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Daily Digest Wednesday, 6 May 2020

Funding In West Africa

SwypePay, the SME-focused digital payments startup wants to support 1M SMEs in Africa

SwypePay, a Kenyan digital payment firm developed by Terra Softworks, aims to signup and support 1 million businesses in Africa by 2024 despite being hit hard by COVID-19 this year. Read more….

Funding In North Africa

MENA’s financial comparison site yallacompare raises $4.25M

yallacompare.com, Egypt and Middle East’s finance comparison site has sold 9.6% stake to Kuwaiti’s Gulf Insurance Group for $4.25 million for regional expansion. Read more…

Funding In Emerging Markets

OLX Group acquires 39% of Emerging Markets Property Group, pumps in $150M for growth

OLX Group has announced a merger with Emerging Markets Property Group (EMPG) which runs property sites in Pakistan, Egypt, Lebanon, and the UAE. Read more…

Funding In Response To COVID-19

Nestlé provides over USD 3.4 million for COVID-19 relief in Central and West Africa

Nestlé is supporting more than 850,000 vulnerable people in Central and West Africa as part of a USD 3.4 million effort to help countries in the region fight COVID-19. Read more…..

Funding In Tech

Instabug, A Debugging Software Startup, Has Raised $5M From Accel To Shakeup Mobile App Development

Smartphones have become our primary tool for interacting with society at large. From calling an Uber to having food delivered to your doorstep through Instacart, smartphones are an integral part of how people today live their lives. Read more….

Get Funded Africa is a technology-based, business information platform operated by Afriscaper Research & Consulting Limited with a mission to reduce barriers to funding for African businesses. GFA matches investor ready, African & African-Diaspora owned companies with global investors, leveraging market research, industry data and news aggregation

Introducing our latest feature writer, Abiodun Oshodi who recently wrote an insightful article called ” Engineering Opportunities In West Africa – An Overview.”

Get Funded Africa (GFA) is always looking for new voices to feature. If you’ve got insights or opinions to share – and the expertise to back them up and would like to join our ever growing feature writer team Click here…..

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