Daily Digest Friday, 8 May 2020
Funding In East Africa
Tanzania’s East Africa Fruits nets over $2m in equity round led by Goodwell Investments
Funding In North Africa
Swvl quietly raised over $20 million in a new round right before Covid-19
Swvl, the Cairo-born mobility startup quietly raised over $20 million in a new round right before the spread of Covid-19 in the region. Read more…….
Funding in Africa
African governments have worked to increase the number of young entrepreneurs in Africa, here is how…
The over-dependence of African youths on formal employment has become quite alarming, given the declining job opportunity in the formal sector. Read more
Funding In Emerging Markets
Pakistani fintech SadaPay gets in-principle approval from country’s central bank to launch mobile wallet
Islamabad-based fintech SadaPay has been granted the in-principle approval by the State Bank Of Pakistan for an Electronic Money Institution (EMI) license. Read more….
Palestine’s Tawazon raises six-figure seed for its Calm-like meditation app for the Arab world
Palestine-based wellness startup Tawazon has raised seed funding from Ibtikar Fund, the Palestinian VC announced in a statement on 29 April 2020.Read more…
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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…..