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Daily Digest, Thursday 18 June 2020

Funding In Africa

Africa-focused fintech Chipper Cash nets $13.8m Series-A round

The funding caps an event filled for the San Francisco-based payment company, founded by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled two years ago. Read more

TransferGo raises $10M additional funding, launches in 11 new markets

The startup is also announcing it has launched in 11 new markets, including Japan, New Zealand, Saudi Arabia, Singapore and Ghana. That’s a doubling down on South East Asia and African market expansion, beyond its original focus on Europe.

Funding In Southern Africa

South Africa: Zeder Investments sold its stake in Quantum Foods

South African agribusiness investor Zeder announced it has sold its 32.1% stake (61.6 million shares) in the animal feed company Quantum Foods Holding Limited to Country Bird Holdings, a company operating in the same business segment as Quantum. The transaction was carried out through Zeder’s subsidiary Zeder Financial Services.Read more

Download GetFundedAfrica’s e-Guide to fundraising for start-up’s Here

Funding In North Africa

Zedny an Egyptian Edtech Startup Bags $1.2m Pre-seed Funding

Zedny, an Egyptian edtech platform where users can learn in Arabic, has secured $1.2 million funding from angel investors. The platform which was recently launched boast of over 200 online courses and 400 animated video summaries of global business bestsellers, as well as 5,000+ hours of learning. Read more

Call For Applications

[Apply] Suguba Investment Readiness Program For Digital Francophone West Africa Startups

Suguba in partnership with Mercy Corps and the French Development Agency (AFD) is organizing its second 6-month investment readiness programme in Francophone West Africa to support the 8 most promising startups digital sector. 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

GFA’s must read weekend feature entitled Making Finance Work For Agriculture in Africa [Part 1] highlights Agriculture as a Wealth Creator in Africa, and explains how Unlocking Agriculture Value Chains could affect African economies. Read more

Are you an entrepreneur? Share your story with us and get featured on our platform send us an email nichole@getfundedafrica.com

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