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Daily Digest Monday, 20 July 2020

Funding In Southern Africa

Entrepreneur-driven Venture Capital Fund E4E Africa launches in SA

Entrepreneurs for Entrepreneurs Africa(E4E), a new venture capital fund aimed at building internationally successful businesses owned by South African entrepreneurs has launched. Read more

Join the Samsung Enterprise Development Programme Growing South Africa through entrepreneurship

Samsung South Africa has announced its EEIP (Equity Equivalent Investment Programme) plans, aimed at empowering previously disadvantaged South Africans, with a focus on women and youth-led startups. The programme initiatives are set to strengthen black economic empowerment through enterprise development, thus boosting economic growth and job creation. Read more

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Funding In West Africa

Kenyan MumsVillage and BabyBliss Nigeria merge to expand e-commerce businesses

Kenya-based maternal care and e-commerce platform MumsVillage has announced a merger with BabyBliss Nigeria. The new business entity from the merger, Bliss Group, is set to become a pan-African omnichannel e-commerce platform for maternal and child care products. Read more

Funding In North Africa

Tunisian Bike-hailing Startup IntiGo Raises $1 Million From Local VC Firm Capsa Capital

Investors are returning to Africa’s bike-hailing startup ecosystem this year, starting with Tunisia’s IntiGo. However, it looks like, this time, local investors, such as Capsa Capital Partners, would be taking the lead. A new $1 million in funding had been added to the ride-hailing and logistics startup IntiGo’s total fund-raised. 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

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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Legal Representation during Contract Negotiation: ‘’An African SME perspective”

Entrepreneurs and businessmen alike have a crucial and pivotal role in the unemployment and collective required economic output crisis in Africa. Securing investment and funding to facilitate growth and economic impetus thus lies heavily in the minds of businessmen. The challenges of creating the right business plan, a realistic budget to gain traction and identifying adequate potential investors can sometimes be such a daunting process, and creates an avenue to be blindsided without proper guidance, representation or advice. Read more

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