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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

Tanzanian social enterprise East Africa Fruits has closed a $2.05-million Series-A round. It raised a further $950 000 in debt funding. Read more…

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…

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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