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Daily Digest

Daily Digest Tuesday, 22 September 2020

Funding In North Africa Foodics Expands To Egypt And Hopes To Become Micro-Loan Lender Saudi Arabia-based food and beverages (F&B) retail and restaurant management platform Foodics, has expanded to Egypt. The expansion comes after the cloud-based company closed its pre-Series B investment round in 2019, raising $4 million. Read More Kashier Payments Raises Seed funding To Facilitate Electronic Payments For Egyptian Businesses Egyptian startup Kashier Payments, a payments platform built to empower and simplify your business, has successfully raised a Seed investment round of funding, led by Glint Ventures, with participation from a group of strategic investors. Read More Funding In Emerging Markets ISSF Invests In Endeavor Catalyst’s Third Fund Endeavor Catalyst, the investment vehicle of global...

Daily Digest Monday, 21 September 2020

Funding In Southern Africa Naspers Foundry Invests In The Food Service Industry, With Stake In Food Supply Network Naspers Foundry, the venture capital subsidiary of the South African group Naspers, has concluded its third deal with an undisclosed investment in Food Supply Network (FSN), a food systems integrator. Read more Funding In North Africa Egyptian EsportsTeam Anubis Gaming Closes $300,000 Seed Cairo-based esports team Anubis Gaming has closed $300,000 seed after raising $100,000 in fresh funds last month. The investment takes total funding raised so far by Anubis to $450,000. The latest money came from a regional ecommerce group. Read more Appointments And Acquisitions Platform Capital Invests in Big Cabal Media,...

GFA Weekly Round Up September 14- September 18

https://soundcloud.com/get-fundedafrica/gfa-weekly-round-up-september-14-18 In this week's weekly round up we discussed the following funding activity Monday 14 September 2020 The Trump Administration Is Investing In African E-commerce Startups Focused On Rural Areas Bonfire Ventures Ignites $100M Fund II (Exclusive) Why Is iROKOtv Leaving Africa’s Billion Dollar Industry So Early, And What Does The Future Hold For Other Video-on-Demand Startups? Tuesday 15 September 2020 Grant worth $25 000 launches for young SA filmmakers Tanzania, Uganda Sign Deal On $3.5bn Crude Oil Pipeline Egyptian Startup Rology Secures $860,000 For Its Platform Wednesday 16 September 2020 Energy Startup Raises $3.3m Series A To Expand Into Malawi, Uganda Sahara Energy Pens $43m LPG Supply Deal in Cote d’Ivoire South African...

Daily Digest Friday, 18 September 2020

Funding In West Africa Cameroonian Start-up , Freshbag, Secures Investment From Greentec Capital Freshbag leverages on its network and in-depth experience in the industry, to buy produce from farmers and suppliers at fair market prices and dispatches the products to thousands of street vendors in cities across Cameroon. To further strengthen the ecosystem, Freshbag is offering micro loans and technical assistance to partner farmers, distributors, and vendors. Read more Funding In East Africa Palladium Acquires Minority Stake In Bamboo Capital Partners Bamboo and Palladium have joined forces to achieve their shared objective of mobilising private sector investment at scale to significantly contribute toward the UN’s Sustainable Development Goals by 2030. Read...

Daily Digest Thursday, 17 September 2020

Funding In Africa Senegalese delivery startup Yobante Express has expanded to five African markets Its web and mobile platform uses gig economy, independent and casual couriers within a resilient mesh network of relay points to deliver packages from point to point until the last mile, twice as fast and 40 per cent more affordably than existing solutions. Read more Funding In North Africa Egyptian prop-tech startup Isqan raises 6-figure pre-seed funding round The startup, which only went live with its offering in August, says it combines a user-friendly interface with a free services offering. Isqan has partnered a number of Egyptian real estate companies to offer users a wide range of...

Daily Digest Wednesday, 16 September 2020

Funding In East Africa Energy Startup Raises $3.3m Series A To Expand Into Malawi, Uganda This could be gleaned from the number of successful funding that has taken place since the great lockdown. The latest on the list is South African pay-as-you-go (PAYG) solar energy startup Yellow which is embarking on an expansion drive which will see it berth in Malawi and Uganda. The US$3.3 million Series A funding round it successfully achieved will aid its scaling-up its footprint to over 100,000 customers in Malawi and Uganda. Read more Funding In West Africa Sahara Energy Pens $43m LPG Supply Deal in Cote d’Ivoire Incorporated as SAPET Energy S.A., the joint venture company...

GFA Weekly Round-Up Podcast (September 8- September 12)

Nichole discussed the funding activity recorded on the GFA platform and deep dive into the blockchain industry in Africa. https://soundcloud.com/get-fundedafrica/gfa-weekly-round-up-september-8-12 Follow us on soundcloud and sign up to out daily digest to get all the latest updates 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 Follow Us ...

Daily Digest Tuesday, 15 September 2020

Funding In South Africa Grant worth $25 000 launches for young SA filmmakers Founded by Nigerian born, L.A based serial entrepreneur Chinecherem Ez, the platform offers over 400 pieces of content including world-class originals, blockbuster films, series, documentaries, and much more. Read more Funding In East Africa Tanzania, Uganda Sign Deal On $3.5bn Crude Oil Pipeline The project focuses on oilfields in landlocked Uganda discovered in 2006 near Lake Albert and proposes pumping the crude to the coast via a pipeline across Tanzania. Read more Funding In North Africa Egyptian Startup Rology Secures $860,000 For Its Platform According to HIMangel’s Chairman Khaled Ismail, they had spotted Rology about two years ago as a...

Daily Digest Monday, 14 September 2020

Funding In West Africa Report Indicates 70% Of Nigerian Startups Face Funding Challenges The white paper has been published by Endeavor, a global high-impact entrepreneurship network in collaboration with Stears Data, a leading Nigerian data collection company. Read more Funding In Africa The Trump Administration Is Investing In African E-commerce Startups Focused On Rural Areas While notable e-commerce companies like Jumia and South Africa’s TakeALot, have raised hundreds of millions of dollars on the promise of dominating urban centers and middle-class customers in Africa’s largest cities, DFC appears to be targeting startups with a more linear focus. Read more Latest News Binance Offers DeFi Coders $100,000; DeFi Market Value Hits $8 Billion Each proposal will go...

Daily Digest Friday, 11 September 2020

Funding In West Africa Nigeria’s Lekoil Raises $100m For Ogo Oilfield Drilling The Chief Executive of Lekoil Lekan Akinyanmi said the company was able to finance much of the Ogo preparation work with cash from its producing field, Otakikpo, and will drill once it raises the money. Read more Funding In South Africa Local proptech company HouseMe secures funding Ben Shaw, Chief Executive Officer of HouseME, says that the company is well-positioned to capitalise on the surge of interest in online platforms, especially in the long-term letting sector which had been lagging.  Read more Funding In Africa Ghana’s Africa Foresight Group Plots Expansion To 3 New Markets Post-Funding Founded in 2016, AFG allows leading companies,...

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