Lorem ipsum proin gravida nibh vel velit auctor aliquetenean idelit sollicitudin, lorem quis bibendum auci elit consequat ipsutis sem.
1-677-124-44227

info@yourbusiness.com

184 Main Collins Street | West victoria 8007

Follow us On Instagram

Lorem ipsum proin gravida nibh vel velit auctor alique tenean sollicitudin, lorem quis.
Top

News

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. The programmes are formulated to make a measurable difference and are aligned to the overarching objectives of the NDP Vision for 2030 and the Gauteng Township Economy Revitalisation Strategy. The aim is to find and support — through grant funding — high potential entrepreneurs to help them grow their businesses sustainably. In addition, a focus on establishing black businesses in the heart of...

The GFA Journey to Investor Readiness

Why GetFundedAfrica created an Investor Readiness Program To raise money from investors, you need to understand what investors want. We have created a self-paced, video-based, investor readiness course that can be completed in a few hours or at your convenience. Resume from where you stopped. Enroll Now GetFundedAfrica’s journey to creating an investor readiness program has guided us through an interesting journey so far. Our goal remains helping African companies raise venture capital for growth & job creation which has led us to a point where we are putting finishing touches to a self-paced, video-based program on investor readiness. Note: You can pre-enroll today to get a special offer or...

Daily Digest Friday, 17 July 2020

Funding In Africa OFID Funds Africa With $140 Million For Public Development Projects This finance disbursement program is in line with the organization’s goal of providing responsive and impactful development which will improve the lives of underserved people across the world. Read more Funding In Southern Africa Access Bank To Acquire 100% Of Zambia’s Cavmont Capital Access Bank, one of the foremost Nigerian banks in Africa, has announced its intention to acquire 100% of Cavmont Capital, through its subsidiary, Access Bank Zambia. Read more Sea Monster bags $1-million investment Cape Town-based, animation, gaming, and AR/VR company, Sea Monster has secured a $1-million investment from FirstRand’s Vumela Fund. Founded in 2011, Sea Monster was born Read more...

ACCESS BANK TO ACQUIRE 100% OF ZAMBIA’S CAVMONT CAPITAL

Access Bank, one of the foremost Nigerian banks in Africa, has announced its intention to acquire 100% of Cavmont Capital, through its subsidiary, Access Bank Zambia. This announcement was disclosed by Nigerian Stock Exchange (NSE) last week in a corporate disclosure which was duly signed by the Company Secretary, Mr. Sunday Ekwochi. The disclosure read, “Access Bank Plc (“Access Bank”) announces today that its wholly-owned subsidiary in Zambia, Access Bank Zambia Limited (“Access Bank Zambia”) has entered into exclusive discussions with Cavmont Holdings Zambia Plc (“Cavmont Capital”) regarding a potential transaction between Access bank Zambia and Cacmont Bank Limited (“Cavmont Bank”), a wholly-owned subsidiary of Cavmont Capital. The potential transaction relates to the sale of 100% of Cavmont Capital interest in Cavmont Bank to Access Bank Zambia.”  “There can be...

OFID FUNDS AFRICA WITH $140 MILLION FOR PUBLIC DEVELOPMENT PROJECTS

The OPEC Fund for International Development(OFID) has approved $310 million to benefit different developing countries across the globe, of which $140 million is targeted at improving the public sector in five African countries.  This finance disbursement program is in line with the organization’s goal of providing responsive and impactful development which will improve the lives of underserved people across the world. Similar to the $85 million loan given to four African countries in October 2019, this newly-approved public sector loans, amounting to $140 million, will support five African countries in the following projects.  Niger A total of $15 million was assigned to strengthen the resilience of rural communities against Food...

Hybrid-delivery Nigerian startup, WAeY Hailing launches

So far, 2020 has been another year during which eCommerce has experienced a huge boom on a global scale. Consequently, the need for logistics or delivery services has grown since these two are mutually dependent. This means that existing companies will either upgrade or pivot their services while new firms emerge. Regardless of the current situation, Nigeria’s logistics marketplace is still largely unexploited. WAeY Hailing helps users get delivery on their own terms But then, the idea for WAeY Hailing was conceived long before the current economic disruption. Sometime in 2019, Mobolaji Akintokunbo, WAeY Hailing founder, was at the receiving end of delayed food delivery. He suspected that this disappointment could only have resulted...

Sea Monster bags $1-million investment

Cape Town-based, animation, gaming, and AR/VR company, Sea Monster has secured a $1-million investment from FirstRand’s Vumela Fund. Founded in 2011, Sea Monster was born out of the desire to use games, VR, and AR technology as an instrument for change to develop new and advanced methods of communication and education solutions for corporations. The $1-million investment will help Sea Monster unlock digital solutions Established by Glenn Gillis and Wynand “Munki” Groenewald, Sea Monster will use the secured investment to unlock digital solutions to change the way in which corporations address internal training and communication. The team of analysts, animators, game designers, and developers at Sea Monster work together to develop effective...

Daily Digest Thursday 16 July 2020

Funding In East Africa Kenya’s Forestry Startup KOMAZA Raises $28M In Series B Equity Funding Kenya’s micro-forestry startup, Komaza, has raised  $28m of a planned $33m Series B equity financing. The round of funding was co-led by Novastar LPs AXA Investment Managers (through the AXA Impact Fund: Climate & Biodiversity), Read more Funding In North Africa Moroccan edtech KoolSkools raises over $400,000 to help schools go digital Casablanca-based edtech KoolSkools has raised over ~$416,000 (MAD 4 million) from MITC Capital’s Maroc Numeric Fund II and an angel investor, the Moroccan startup announced in a statement today to MENAbytes. About $310,000 (MAD 3 million) of the capital came from Maroc Numeric Fund II  Read...

KENYA’S FORESTRY STARTUP KOMAZA RAISES $28M IN SERIES B EQUITY FUNDING

Kenya’s micro-forestry startup, Komaza, has raised  $28m of a planned $33m Series B equity financing. The round of funding was co-led by Novastar LPs AXA Investment Managers (through the AXA Impact Fund: Climate & Biodiversity), and the Dutch development bank FMO, with further participation by Mirova’s Land Degradation Neutrality Fund. The tech-enabled company has it sights set on expansion armed with the funds, as it looks to expand its first site on Kenya’s coast to two additional sites across East Africa, investing in additional wood manufacturing facilities to grow its line of sustainable building materials, adding a new direct-to-farmer app to drive enrollment and increase farmer access...

Moroccan edtech KoolSkools raises over $400,000 to help schools go digital

Casablanca-based edtech KoolSkools has raised over ~$416,000 (MAD 4 million) from MITC Capital’s Maroc Numeric Fund II and an angel investor, the Moroccan startup announced in a statement today to MENAbytes. About $310,000 (MAD 3 million) of the capital came from Maroc Numeric Fund II and the rest from the undisclosed angel investor. It is the second investment by Maroc Numeric Fund II in less than a week. They had announced their $400,000-investment in Moroccan fintech OnePay on Wednesday. Founded earlier this year, KoolSkools is an online learning platform that enables schools to digitalize their courses and exercises, create a content bank, and deliver live courses. The platform also enables schools to manage their operations...

Select your currency