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Daily Digest Tuesday, 12 May 2020

Funding In North Africa

Egypt’s Beauty Startup Source Beauty Secures Investment From 500 Startups

Cairo-based beauty e-commerce startup Source Beauty is defying all the odds and preferences for essential services by investors amidst the current global lockdowns to secure a sizeable pre-seed investment from 500 Startups, the most active global venture capital firm. Read more

Funding In East Africa

Kenya: Fanisi Capital acquires a minority stake in St Bakhita Schools for $2mln

Venture fund Fanisi Capital acquired a minority share in the capital of the Kenyan school St Bakhita Schools for about KSh265 million ($2.4 million).Read more

Funding In Southern Africa

SA grocery delivery startup Zulzi raises R30m from JSE-listed company

Johannesburg based online grocery delivery startup Zulzi has raised R30-million from a JSE-listed company. Zulzi was founded by Vutlharhi Valoyi and Michael Netshipise Read more

Other News

New Report Sheds Light On Digital Rights Across Africa

As data continually plays very prominent roles in the lives of both individuals and governments, digital rights advocates need to better team up to advance their objectives across Africa given the hard terrain in which they operate.Read more

Online events

GFA Webinars For The Week 12-15 May

A list of web events happening this week. Read more….

GetFundedAfrica 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

This image has an empty alt attribute; its file name is Ms-Uchenna-Agbo-May8.jpg

Introducing our latest feature writer, Ms Uchenna Agbo who recently wrote an insightful article called ” COVID19: THE MIND OF THE CEO, WHAT EMPLOYEES NEED TO KNOW…

If you would like to raise funding for your next big business or project in Africa send us an email on mary@getfundedafrica.com

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