Daily Digest Wednesday, 13 May 2020
Funding In Africa
AHOY raises Seed round to disrupt with its mobility technology despite COVID-19
AHOY is the first startup, globally, to provide micro-multimodal mobility with (secure, hot, and cold) supply chain logistics for last-mile operations through its novel technology.Read more…
Funding In North Africa
Egyptian end-to-end distribution platform Brimore raises $3.5m
Egyptian end-to-end distribution platform Brimore has raised $3.5m in a Pre-Series A round led by Algebra Ventures, with participation from Disruptech, Vision Ventures, and returning investors, 500 Startups, and Flat6labs. Read more…..
Egypt’s QNB ALAHLI Receives $200 Million Under EBRD Solidarity Package to Help SME’s
Egyptian Bank has become the first financial institution in the country to receive the European Bank for Reconstruction and Development (EBRDs) fund under its Solidarity Package to meet financing needs of existing clients. Read more….
Call For Applications
Innovators With eLearning Solutions, Apply For The Design4Zim Challenge
Impact Hub together with ACT in Africa, Stimulus and TechVillage have announced the 3rd challenge in the Design4Zim competition. The challenge is titled “How might we improve access to education for primary and secondary students in the rural areas during pandemics?“ Read more….
African Crowdfunding Association probing controversial Uprise.Africa
The African Crowdfunding Association (ACfA) is conducting a review this week of equity crowdfunding platform Uprise.Africa, the association’s CEO and chairperson of the board, Elizabeth Howard said. 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“
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 firstname.lastname@example.org