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Daily Digest Wednesday 12 August 2020

RETINA-AI Health, a Startup Founded By Nigerian-born Stephen Odaibo Raises $5.2M for AI Detection of Diabetic Retinopathy

The capital was raised from private investors, 80% of whom are physicians. Also included amongst the investors are business titans such as Bill Smith, Founder of Shipt (acquired by Target in 2018). Read more

Funding In North Africa

Egyptian fintech startup Paymob raises $3.5m to accelerate regional expansion

Founded by Islam Shawky, Alain El Hajj and Mostafa El Menessy, Paymob is an infrastructure technology enabler providing payment solutions to empower digital financial service providers across Africa and the Middle East through mobile wallet technology. Read more


Call For Applications & Other Web-events

WEB- EVENT: The 2020 MEST Africa Challenge

Final Pitch: August 12th, 2020: Finalists from each country will go on to compete on a global stage in front of entrepreneurs, investors, corporate partners and ecosystem players for the chance to win $50k in investment from the MEST, and the opportunity to join the MEST incubator community. Read more

Opinion Corner

Don’t Become an Entrepreneur If You Want Passive Income

Since becoming an entrepreneur, I have met a handful of hopefuls looking to do the same.  When I ask why, they often respond with some indication that they want to generate a means for passive income and recurring revenue.  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

In this episode of GFA Attract, Nichole discusses with Dr. May Ikeora, an Academic Author, Ex-Beauty Queen, Independent Consultant (Gender & Human Rights) and currently CEO – L’Avyanna UK. L’Avyanna products are traded in the United Kingdom, Italy, the U.S.A and other various countries. Dr. May is also highly active in empowering and advocating for the rights of girls through her Raising Girls Project. She achieved these whilst also managing the Miss Nigeria Organisation (est. 1957).
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