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Daily Digest Wednesday, 8 July 2020

Funding In East Africa

“GET IT,” Local Start-up secures additional venture capital funding

Lauren Russell Nkuranga, the founder of GET IT, a commercial food distribution service company based in Rwanda, says that investors still have appetite for the country despite Covid-19 pandemic. Nkuranga’s startup completed its Series A funding – the first significant round of venture capital financing Read more

Funding In Africa

Africa attracted $338mln in private equity investments in June 2020

 Companies operating in Africa raised a total of $337.7 million in private equity investments in June 2020, we learned. This does not include the asset management subsidiary of Investec (Ninety One) and the $597 million fund Read more

AfricInvest IV Fund mobilizes $202 million

 AfricInvest IV Fund, the fourth fund launched by Tunisia-based investment firm AfricInvest, reached a total of $202 million in mobilization. Last week, the Commonwealth Development Corporation (CDC) committed $50 million in a one-off grant, the largest to its African partner. Read more

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Call For Application & Other Web-events

LIVE: “Building in tough times

This Friday, July 10th, for the 5th episode of “Building in tough times” we are interviewing, Omowale David-Ashiru, Vice President – Global Operations at Andela, the global tech talent provider which recently pivoted to a fully remote model.Andela has had to make some tough decisions 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

Weekend feature speaker: Joseph Edgar (Duke Of Shomolu) listen in to his interview here

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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