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Africa Singapore Business Forum 2020

The Africa Singapore Business Forum (ASBF) is the premier platform for business exchange and fostering trade between Africa and Asia. Organised by Enterprise Singapore, the forum has brought together over 2,000 business and government leaders from 30 countries to explore partnerships and growth opportunities between these two dynamic regions. ASBF 2020 will address critical issues and identify opportunities in key sectors, including real estate, manufacturing, digital technology, oil and gas, and financing. Read more from source article: https://www.enterprisesg.gov.sg/esghome/events/key-events/market/africa-singapore-business-forum/home Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

Newtown Partners & Imperial Logistics Launch $20m VC Fund For Logistics Startups

SA-based Venture Capital firm, Newtown Partners has teamed up with logistics firm, Imperial, to launch a fund dedicated to investing in high-growth supply chain and logistics startups. The corporate venture fund plans to make an initial investment of US$ 20 million. Newtown Partners was founded in 2014 as the result of a Dragon’s Den deal between Vinny Lingham and Llew Claasen. It has since made investments in Bloomable, Civic, SweepSouth, and the now defunct Wala. Co-founder and General Partner of Newtown Partners, Vinny Lingham, said, “This programme will contribute to the long-term success of the organisation by identifying and leveraging startups deploying emerging technologies and business models in key geographical and logistics...

Egyptian fintech Khazna lands seed investment

Egyptian fintech Khazna has raised seed funding in a round led by leading Egyptian venture capital (VC) fund Algebra Ventures. Tech publication MenaBytes reported that the startup did not disclose the size of the investment. It said Accion Venture Lab, Accion’s seed-stage fund, also participated in the round. Fintech Khazna aims to provide mobile banking services to over 20 million underbanked Egyptians. Read more from source article: https://ventureburn.com/2020/03/egyptian-fintech-khazna-lands-seed-investment/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

AHUB EAST

East Africa Com’s start-up feature – AHUB East – is back, offering dedicated conference content and networking space for start-ups, investors, MNOs and corporates interested in collaboration. AHUB East 2020 will shine a light on the key topics and players in the East African ecosystem, including  why the fintech sector is receiving increasing investor interest; the role ag-tech start-ups are playing in disrupting this vital sector; understanding why Nairobi is such an attractive hub for tech and how other cities in the region can learn from it; and the next big thing in disruptive technology start-ups. Read more from source article: https://tmt.knect365.com/eastafricacom/ahub-east/ Click here...

SA mobility tech company WhereIsMyTransport raises $7.5m Series-A round

Cape Town and London-based mobility data company WhereIsMyTransport has raised a $7.5-million Series A funding round. WhereIsMyTransport collects and provides access to public transport data, in addition to journey planning. The company was started by Chris King and Devin de Vries in 2008 in Cape Town (pictured above, on right and centres, respectively with Dave New who joined as a founder subsequently). The company relaunched in 2015 after opening an office in London. Read more from source article: https://ventureburn.com/2020/03/whereismytransport-7-5m-investment-round/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

AFZA Capital Launches First East Africa Fund, To Invest Up To $250k In Each Startup

Startups in East Africa have a new fund to pitch to. Early stage Venture capital firm, AFZA Capital, has launched its first East African-based fund in Nairobi as it seeks to expand to the wider African market.The firm is offering from USD 25,000 –up to 250,000 as investments in each early-stage venture it chooses to support. The fund is targeting businesses delivering social impact through disruptive innovation. Arif Hamid, co-founder and Managing Director at AFZA Capital, said the fund is looking at businesses from incubation to Pre-series A capital in what he said is a complete corporate support system that elevates performance. The fund will be open to investing in...

Grocery Delivery Startup Breadfast Raises Over $1 million In Funding For Expansion

2020 is proving a good year already for startups in Egypt. Y Combinator-backed Egyptian fresh bread and grocery delivery platform Breadfast has raised a seven-figure (USD) investment in a bridge round (pre-Series B) to fuel international expansion across the North Africa and Middle East Region. Buoyed by the new funding and encouraged by its initial success in Egypt, Breadfast is now targeting aggressive expansion within the next three years across the Middle East, Africa, & Turkey, but starting with Dubai, Riyadh, and Jeddah.  Mostafa said the startup is expected to launch in Dubai by the end of this year. Read more from source article: https://afrikanheroes.com/2020/03/09/egypt-based-grocery-delivery-startup-breadfast-raises-over-1-million-in-funding-to-fuel-international-expansion/ Click here to subscribe...

ODV Africa leads $1.5m seed investment round in Nigerian startup Youverify

Orange Digital Ventures, ODV Africa has announced its latest investment on the African continent by leading the $1.5m seed investment round in Youverify. The start-up, founded in Lagos, Nigeria automates identity and background verification processes, primarily serving financial and telecommunication service providers. Youverify is the fifth company to join the portfolio of Orange group’s African investment initiative. Financial and mobile payment services continue to accelerate their development on the continent with verification tasks remaining complex and manual for the major players like fintech and large corporate and the rise of RegTech companies, such as Youverify is key for the market in order to speed up and...

GFA Daily Digest Wed, Mar. 11, 2020

East Africa AFZA Capital Launches First East Africa Fund, To Invest Up To $250k In Each Startup North Africa Grocery Delivery Startup Breadfast Raises Over $1 million In Funding For Expansion Southern Africa SA mobility tech company WhereIsMyTransport raises $7.5m Series-A round West Africa ODV Africa leads $1.5m seed investment round in Nigerian startup Youverify Our previous weekend articles are here: 1) https://getfundedafrica.com/2020/02/28/30403/ 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/ ...

GFA Daily Digest Tue, Mar. 10, 2020

Africa Africa Tech Summit London postponed until October 22nd at London Stock Exchange East Africa TLcom Capital Plans to Support 12 startups After $71 Million Africa Fund Investment North Africa $333,000 Local Cultural Engagement Fund For Tunisian Startups West Africa Sierra Leonean startup launches classifieds mobile app Our previous weekend articles are here: 1) https://getfundedafrica.com/2020/02/28/30403/ 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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