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Daily Digest Tuesday, 19 May 2020

Funding In Africa

SunFunder Invests Over $100m In Venture Debts In Two African Solar Startups

SunFunder, a provider of debt financing to solar enterprises, has closed four new loans at the end of the First Quarter (Q1) 2020, which took it over US$100 million invested in distributed solar in Africa and other emerging regions.  Read more

Funding In Southern Africa

South African insurtech CompariSure lands investment

Cape Town based insurtech startup CompariSure announced today that it has secured venture capital (VC) funding from SA Umkhathi Wethu Ventures in partnership with Allan Gray. Read more

Funding In North Africa

Egypt’s Shahry raises $650,000 pre-seed for its ‘buy now pay later’ platform

Egypt-based online lending startup Shahry, has closed a $650,000 pre-seed round from the investment arm of EGBANK. Read more

Funding In Other Emerging Markets

Dubai’s Ogram raises $870,000 Pre-Series A to connect vetted gig workers with temporary job opportunities

Dubai-based employment startup Ogram has raised $870,000 in a Pre-Series A (equity) round by Global Ventures. 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 Dr-Vincent-Nwani.jpeg

Introducing our latest feature writer, Dr. Vincent Nwani who recently wrote an insightful article called ” BOOSTING FOOD SECURITY IN NIGERIA THROUGH INVESTMENT IN POULTRY PRODUCTION

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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