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Daily Digest Thursday, 15 October 2020

Funding In Africa

Nigerian Ed-Tech Startup Edves To Raise Funding To For Further Expansion In Africa

Prior to the adoption of the Edves software, 70% teachers in the schools which have now adopted the program used to waste a lot of time in time doing paperwork that could be automated. Doing a student report can take up to 2 weeks. Read more

Funding In South Africa

Actis Acquires US$140m Stake In Fibre Network Octotel

According to a statement from Actis, the deal attaches a US$140 million enterprise value to Octotel. Similarly, Actis will buy a non-controlling interest in internet service provider RSAWeb. Both transactions are subject to regulatory approval. Read more


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Funding In East Africa

TLG Capital Acquires 49% Stake In Opportunity Bank Uganda Ltd

The transaction makes TLG the largest shareholder of OBUL with the remaining shareholders being Opportunity International Group (43%), Faulu Uganda (7%) and Food for the Hungry (1%). Read more

Call For Application & Other Web-Events

With Evolve Credit, Nigerians Can Find, Review, And Apply For Loans And Financial Products

Still relying significantly on offline lead generation, in-person meetings, and paper applications, offline methods played a big part in deciding the fates of these businesses during the lockdown. Read more


GetFundedAfrica’s mission is to uplift people and economies in Africa through entrepreneurship; helping companies find funding, grow, create jobs and solve society’s greatest challenges

GFA Attract, GFA Weekly Recap & Application Portal For Funding

GFA Weekly Round- up Podcast


In this week’s weekly round up podcast, Nichole discussed about the funding activity between September 28- October 2
Listen Here

GFA Attract Interview

Victor Boyle-Komolafe, the co-founder of Garbage In, Value Out (GIVO), a system that automates and digitises the collection, processing, and sale of recyclable materials. Watch Here

Apply For Funding

GetFundedAfrica provides equity capital from $1,000 to $50,000.
For larger amounts (Above $50,000)
we organize syndicated funding rounds of up to $500,000.
Apply Here

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“Entrepreneurs have to learn the power of networking and the value of mentorship, as these are the things that most entrepreneurs take for granted. And also they must know that opportunities will not come to them; they have to go out there and create them by knocking on corporate doors with proposals. Personally, I am where I am because of a business mentor who changed the way I see things.”

– Anda Maqanda, founder of AM Group in South Africa

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