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Kenyan Diagnostics Startup Ilara Health Secures $735k Investment

Ilara Health, a Nairobi-based healthtech startup has raised $735,000 in seed funding from a group of angel investors and venture capital (VC) firms. The angel investors that participated in the deal include Esther Dyson, Nijhad Jamal, Aadil Mamujee, Selma Ribica and Shakir Merali Read more from source article: https://www.techawkng.com/2019/08/19/kenyan-diagnostics-startup-ilara-health-secures-735k-investment/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

Weekend Feature : COVID-19…. Funding for African Businesses & The Opportunities

a) Introduction GFA has decided to acknowledge the most important issue facing the continent presently because of its significance & impact. Fintech as a topic remains relevant this weekend, as it represents one of the heavily funded business sectors in Africa, benefitting in these unfortunate circumstances we find ourselves in; the COVID-19 crisis. One of the sections highlights the opinions of Afropreneur Idris Bello - Loftyinc Capital Management (www. idrisbello.com)  in addition to GFA’s views on opportunities. The article indicates that startups are experiencing both negative and positive spikes. In the firing line are companies that focus on supporting travel, events, and other gatherings, and many that will...

GFA Daily Digest Fri, Mar. 27, 2020

Africa In Africa, private equity firms are reducing their funding sizes to target startups Central Africa EU Call for Proposal for Grants for Governance and Sanitation in Congo North Africa Egyptian Cybersecurity Startup Securemisr Has Been Acquired By USA Company Cysiv West Africa Flutterwave Announces Grants For Female SME Owners In 5 African Countries March Preview & Events: ...

Flutterwave Announces Grants For Female Sme Owners In 5 African Countries

Flutterwave’s product is a payment service for global merchants and payment service providers. It has processed 107 million transactions totalling $5.4Billion globally. Flutterwave announced that the grant will be open to women aged 21 and above, that are running small and medium sized enterprises in: Nigeria, Kenya, Ghana, Rwanda, and South Africa. Read more from source article: https://innovation-village.com/flutterwave-announces-grants-for-female-sme-owners-in-5-african-countries/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

EGYPTIAN CYBERSECURITY STARTUP SECUREMISR HAS BEEN ACQUIRED US COMPANY CYSIV

Egyptian cybersecurity services provider, SecureMisr, announced this week that it has been acquired by Cysiv, an American company that offers similar services launched by Trend Micro, global leader in enterprise data security and cybersecurity solutions. This new combination of SecureMisr’s expertise and  Cysiv’s platform, with Trend Micro’s backing promises to “[create] a more powerful force for helping enterprises better defend themselves from cyberattacks,” says Badr Khairy, co-founder and managing director of SecureMisr.  Read more from source article: https://thestartupscene.me/INVESTMENTS/securemisr-acquired-by-us-company Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

Germany Africa Business Forum Sets up Fund to Invest in German-African Energy Startups

The Germany Africa Business Forum (GABF) announced it has launched a multi-million Euro funding commitment to investing in German energy startups that focus on Africa in collaboration with private partners from the energy industry. The funding commitment, which pledges funds to German startups with exposure to African energy projects, will be the first such intra-regional initiative. Read more from source article: https://www.techawkng.com/2019/07/25/germany-africa-business-forum-fund-invest-startups/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

EU Call for Proposal for Grants for Governance and Sanitation in Congo

EU Call for Proposal for Grants for Governance and Sanitation in Congo. The European Union (EU) is currently seeking proposals to strengthen the role and contribution of civil society in improving local governance and sanitation in the cities of Nkayi and Owando. Objectives The present call for proposals has the following specific objective (s): Sanitation of the urban environment and improvement of hygiene practices for populations. Improvement of local, gender-sensitive governance and participation of communities, especially women. Read more from source article: https://www.advance-africa.com/EU-Call-for-Proposal-for-Grants-for-Governance-and-Sanitation-in-Congo.html Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

The African Leadership Institute Call For Submission for Youth-Led Organizations

Firstly, they are generally poorly funded as donors and funders struggle to identify these organisations. Secondly, youth led organisations do not leverage lessons learnt by similiar organisations. Deadline: April 31st, 2020 Read more from source article: https://www.opportunitiesforafricans.com/afli-call-for-submission-for-african-youth-led-and-youth-serving-organization/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

In Africa, private equity firms are reducing their funding sizes to target startups

This behaviour could change soon. According to industry insiders, a number of domestic private equity companies are planning to lower their minimum funding amount so they can invest in startups. At an event in December, a partner at a major PE company confirmed this development to me but did not go into specifics. Read more from source article: https://techcabal.com/2020/03/24/in-africa-private-equity-firms-are-reducing-their-funding-sizes-to-target-startups/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

How Simeon Iheagwam Charted His Own Path to Becoming a Venture Capitalist

Some venture capitalists are former founders who made millions taking a company public or selling one. Others cut their teeth in the financial world before settling into startup investing. And then there are some venture capitalists who take unconventional paths. They buck conventional norms and follow uncommon routes. Simeon Iheagwam, Founder and Managing Partner of Noemis Ventures, is one such example. Iheagwam became a venture capitalist by tossing out the rule book and taking matters into his own hands. Read more from source article: https://about.crunchbase.com/blog/crunchbase-spotlight-011-simeon-iheagwam/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...