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C. Moore Media (CMM) launches The Future is Female Mentorship Program

Deadline: 29 June 2020 C. Moore Media (CMM) is excited to launch The Future is Female Mentorship Program. The program is a Public Relations (PR) and communications mentorship program dedicated exclusively to the business development needs of African Tech female founders. C. Moore Media (CMM) has launched The Future is Female Mentorship Program to provide the underserved market of African female founders of early-stage start-ups with the PR and communications insights, knowledge, and skills needed to gain more visibility and grow their business. The program is aimed at African women based on the continent or in the Diaspora, and are launching or growing a tech business for African markets or serving...

Private LTE communications empowering North Sea wind farm

Have you considered the impact to your offshore wind farm construction schedule and worker safety if today’s mobile radio voice communications were augmented with broadband video and data capabilities – so workers can better communicate together, with the vessel, remote operations centre and at port? Have you considered how broadband wireless might be leveraged by workers performing maintenance as well as to provide real-time remote turbine monitoring and control? Download GetFundedAfrica’s e-Guide to fundraising for start-ups Here With wind farms being constructed further from shore using larger crews and growing data needs, it’s the right time to consider broadband wireless communications to optimise cost, provide a foundation...

Atlanta Solar Firm Connects More Villages to ‘Mini-Grids’ in Nigeria, Kenya

Atlanta-based Renewvia Energy Corp. has taken new steps toward its dream of bringing solar energy to off-grid communities in Africa, building a scalable business the process. In separate projects, Renewvia has netted $1.8 million in funding to enable more of its “mini-grid” projects in Kenya, where it has piloted the concept and built out its business, and Nigeria, where one of the new communities is home to a medical centre. Kenya and Nigeria sit on opposite sides of the massive continent, but they face similar power challenges and share an aggressive approach to the issue of generating clean and reliable energy. Nigeria is a major exporter of oil, yet the nation of nearly 200...

UNICEF Funding Opportunity for Blockchain Startups ($100K in USD and/or cryptocurrency)

Deadline: July 26, 2020**Female-founded start-ups are encouraged to apply  The UNICEF Innovation Fundis looking to makeup to $100K equity-free investments (in USD and/or cryptocurrency) to provide early stage (seed) financing and mentoring to for-profit technology startups that have the potential to benefit humanity. Applicants have the opportunity to receive a portion of funding in cryptocurrency (bitcoin or ether) through our recently launched CryptoFund. Given the current global climate and a dramatic shift to a digital world as a result of COVID-19, open-source solutions that address critical needs for society are as important as ever. If you have a start-up registered in one of UNICEF’s programme countries and have a working, open source blockchain prototype...

Zimbabwe’s Centragrid to Scale Up Solar Output

Zimbabwean solar power company Centragrid plans to increase generation capacity to 25 megawatts (MW) by October 2021, helping the country chip away at a huge electricity deficit that has hurt mines and kept households in the dark for hours. The southern African country currently produces about 1,000 MW of electricity, half of the peak demand, resulting in rolling power cuts after a devastating drought reduced dam levels at its hydropower plant while ageing thermal stations break down regularly. “If we fail to solve these things, we will continue to import power from neighbouring countries. When you import power, you’re also exporting jobs,” Centragrid founder Victor Utedzi told Reuters on a solar farm in...

Daily Digest, Tuesday 23 June 2020

Funding In North Africa MoneyFellows raises $4 million in Series A round from Partech and Sawari Ventures Egyptian fintech platform MoneyFellows has secured $4 million in Series A investment from venture capital firms Partech and Sawari Ventures, as it works towards helping millions of new users reach their financial goals. Read more Funding In Southern Africa Stellenbosch-based FinTech Paymenow Concludes R4-m Seed Funding Round Stellenbosch-based FinTech startup Paymenow today announced it has concluded an initial equity investment round with ViaMedia (part of the Digital Ecosystems Group) for a R4 million equity stake. Read more Download GetFundedAfrica’s e-Guide to fundraising for start-ups Here Events For African Start-ups Startup web events in Africa this week [22/06/2020] Startup Grind Bloemfontein...

Stellenbosch-based FinTech Paymenow Concludes R4-m Seed Funding Round

Stellenbosch-based FinTech startup Paymenow today announced it has concluded an initial equity investment round with ViaMedia (part of the Digital Ecosystems Group) for a R4 million equity stake. Paymenow offers financial inclusivity through responsible early access to the wages platform, enabled via a secure mobile app, developed specifically for the South African market. Paymenow uses gamification to drive financial education and inclusion amongst its users and is working with South African employers to help move South Africans out of a vicious debt cycle and into a savings mindset. “This equity investment round will bring about operational cash flow in the short-term, while we aim to reach operational break-even by the end of...

Startup web events in Africa this week [22/06/2020]

Tshediso Thinane Startup Grind Bloemfontein will host Tshediso Thinane, a lobbyst, award winning entrepreneur and social commentator. He is the current CEO of Cellbridge Investments a diversified company with interests in the business process outsourcing and enterprise development. Date: 24 June, 4pmLocation: Startup Grind How to master social media management Meltwater hosts social media strategist and consultant Andrew Davis. With over seventeen years of experience working and training within digital marketing, Davis is renowned for helping businesses transform their new business development and client relations activities. Date: 25 June, 11am to 12pmLocation: Crowdcast Are alternative assets the future of modern investing? In this webinar, Grovest takes a look at how the way we invest is changing. People are increasingly...

VC4A calls on scale-ups to pitch for up to $10m at 2020 Venture Showcase Series A

African startup funding platform VC4A is calling for African scale-ups looking to raise between $500 000 and $10-million to sign up to its Venture Showcase – Series A virtual event. The showcase will be hosted in October by AWS Activate and VC4A, as part of a virtual gathering of Africa-focused early-stage investors. The showcase which has been hosted since 2017 by VC4A, as part of the annual Africa Early Stage Investor Summit, has resulted in a number of Series A deals totalling over $100-million. Applications for VC4A’s Venture Showcase – Series A close on 14 August VC4A works closely with the African investment community to refer candidates to the showcase, involving investors in...

MoneyFellows raises $4 million in Series A round from Partech and Sawari Ventures

Egyptian fintech platform MoneyFellows has secured $4 million in Series A investment from venture capital firms Partech and Sawari Ventures, as it works towards helping millions of new users reach their financial goals. MoneyFellows is a financial enabler that digitizes money circles or ROSCA (known as gam’eyas in the Arab world, chit funds in India, committee in Pakistan, Tandas in Mexico, and tontine in West and Central Africa). This allows users to more effectively manage and fulfill their financial needs. The company is a first-mover in supporting the financial inclusion and digital transformation mandate of the Egyptian government and Central Bank of Egypt.  Currently, MoneyFellows has more than...