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Algeria passes budget encouraging foreign investment

Algeria's interim president Abdelkader Bensalah signed a 2020 budget that includes public spending cuts but allows foreign investors to have majority stakes in projects involving the non-energy sector, the presidency said. The budget also includes a government plan to seek foreign loans next year in a bid to cope with financial pressure after a fall in vital energy revenues. Read more from source article: https://www.thenational.ae/business/economy/algeria-passes-budget-encouraging-foreign-investment-1.950128 Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

Kenya Catalytic Jobs Fund

Application is now open through which five winning local businesses will be selected and granted up to GBP100,000 in financial and technical support to encourage business growth, job creation and improvement of livelihoods.  Read more from source article: https://kenyacatalyticjobsfund.org/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

Solar Startups and Businesses In Burkina Faso To Get Up To $200k From UN-backed Fund

A fund backed by the United Nations and the government of Luxembourg is helping companies and startups to provide small solar PV systems and innovative cooking stoves in Burkina Faso.  The Fond des Energies Renouvelables pour la Résilience du Burkina Faso (FERR-BF) has offered to provide technical and financial assistance to companies that are interested in supplying small-scale PV systems and innovative cooking stoves in Burkina Faso. It did not provide technical specifications for the solar PV products. Read more from source article: https://afrikanheroes.com/2020/03/17/solar-startups-and-businesses-in-burkina-faso-to-get-up-to-200k-from-un-backed-fund/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

African Transformative Mobility Accelerator (ATMA) Programme 2020 for African Startups – Uganda

The programme will admit 8 startups for the 2020 cohort. The priority countries will be Kenya and Uganda. Through a competitive process, the program aims to admit transformative, practical, well researched and possibly tested solutions to urban mobility challenges in African Cities. Read more from source article: https://www.opportunitiesforafricans.com/africa-transformative-mobility-accelerator-atma-programme-2020/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

Startups In Namibia Get $10 Million Kula Fund And An Incubation Centre

Startups in the Southern African country of Namibia have got a new fund to pitch to. Business Financial Solutions (BFS) has officially launched the Kula Capital Namibia Impact Fund and Incubation Centre, which aim to empower local entrepreneurship. Read more from source article: https://afrikanheroes.com/2019/11/15/startups-in-namibia-get-a-new-10-million-kula-fund-and-an-incubation-centre-to-grow-their-ventures/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

Nigeria-based e-health startup Field Intelligence raises $3.6m

Nigerian e-health startup Field Intelligence has closed a Series A funding round worth US$3.6 million to fund the scale up of Shelf Life, the technology-enabled supply chain finance platform for pharmacies in Africa. Field Intelligence is building a new generation of healthcare supply chains in Africa, developing enterprise platforms and managing logistics information for large-scale public health and community pharmacies.  The startup uses technology to amplify human resources and drive innovation, and has built a multinational team working out of its offices in Abuja, Lagos, Berlin, London and Nairobi. Field is managing commodities with a value of over US$1 billion dollars across both the public and private sector. ...

AfriLabs announces Morocco as host for next Annual Gathering

AfriLabs, a pan-African network of 174 technology and innovation hubs across 45 African countries has announced that it will host the fifth edition of its Annual Gathering in Marrakesh and Ben Guerir, Morocco from 12 to 14 October. The gathering is themed “​Building a Sustainable and Innovative Africa” and will be hosted by AfriLabs hub member Douar Tech Morocco. Read more from source article: https://ventureburn.com/2020/02/afrilabs-annual-gathering-october-2020/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

“Crowd-farming” startups address vicious cycle, and eye wider impact

Africa is home to 25 per cent of the world’s farmland, but just 10 per cent of crops produced globally are generated on the continent. A vicious cycle exists here, but it is one being addressed by a host of African tech startups, many of whom are now eyeing wider opportunities. Read more from source article: https://disrupt-africa.com/2020/03/crowd-farming-startups-address-vicious-cycle-and-eye-wider-impact/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

GFA Daily Digest Wed, Mar. 18, 2020

Africa Common Fund for Commodities (CFC) - Call For Proposals East Africa Kenyan career development startup Fuzu bags $3.86m Series A investment North Africa Tech & Startup Africa Summit West Africa Cote d'Ivoire: IFC leads financing for 390MW natural gas-fired power plant Our previous weekend articles are here: 1) https://getfundedafrica.com/2020/03/14/gfa-weekend-feature-funding-fintech-in-africa/ and here: 2) https://getfundedafrica.com/2020/02/22/gfa-weekend-feature-how-to-raise-funds-for-an-african-hotel/ GetFundedAfrica curates funding news across Africa and emerging markets. Subscribe & check out our March 2020 preview and events here: https://getfundedafrica.com/2020/02/29/gfa-march-2020-preview/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

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