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Daily Digest Monday 29 June 2020

Funding In Southern Africa

SA startup SmartWage raises R6m to expand payday solution

Johannesburg based startup SmartWage has raised a R6-million investment to help it to grow its solution that allows companies to give employees instant access to their earned salaries and wages. Read more

Funding In Africa

Pan-African Fund AfricInvest IV Secures $30m From Proparco For Investments In African SMEs

Pan-African Fund, AfricInvest IV has secured $30 million dollars at the first closing of the new multi-sector investment fund from Proparco, a subsidiary of Agence Française de Développement (AFD) read more

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

Latest News/Report

Venture Capital in Africa: Mapping Africa’s Start-up Investment Landscape

Those in Africa’ tech startup scene can be forgiven for being confused when asked how much venture capital (VC) goes to the continent’s startups. Read more

Funding In West Africa

Amazon Buys Startup Zoox Led By Senegalese Woman Aichatou Sar Evans For $1.2 billion

Amazon announced this week that it had bought Startup Zoox led by Senegalese Aichatou Sar Evans for $ 1.2 billion. Read more

Download a copy of GFA’s Guide To Fundraising For African Start-Ups

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 2] has been released. 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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