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Daily Digest Thursday 16 July 2020

Funding In East Africa

Kenya’s Forestry Startup KOMAZA Raises $28M In Series B Equity Funding

Kenya’s micro-forestry startup, Komaza, has raised  $28m of a planned $33m Series B equity financing. The round of funding was co-led by Novastar LPs AXA Investment Managers (through the AXA Impact Fund: Climate & Biodiversity), Read more

Funding In North Africa

Moroccan edtech KoolSkools raises over $400,000 to help schools go digital

Casablanca-based edtech KoolSkools has raised over ~$416,000 (MAD 4 million) from MITC Capital’s Maroc Numeric Fund II and an angel investor, the Moroccan startup announced in a statement today to MENAbytes. About $310,000 (MAD 3 million) of the capital came from Maroc Numeric Fund II  Read more

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Funding In West Africa

Sierra Leone announces construction of $1.4bln polyvalent seaport

 Sierra Leone has revealed plans for the construction of a seaport. John Tambi, Head of the Presidential Infrastructural Initiative (PII), said talks are in advanced stages for the implementation of the project. Read more

Funding In Africa

Fairfax, Helios Merger To Birth Pan-African Investment Giant

Canada-based Fairfax Africa Holdings Corporation has agreed to merge with Helios Holdings Limited, an Africa-focused private equity firm, in a transaction that is expected to create a giant pan-African money manager and investment firm, the companies said in a statement Friday. Read more

Web Events & Call For Entries

Develop An Understanding Of How To Sell To The C-Suite

Understanding that today’s C-Level Executives are busy and focused on delivering results to stakeholders and shareholders is important, and gaining access to them has become an extremely difficult task for sales executives. 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

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

GFA Attract – Episode 2: Impactful Trade… Supply-Chain…Manufacturer Centric with our latest guest contributor Lenin Ugoji

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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