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Innovators With eLearning Solutions, Apply For The Design4Zim Challenge

Impact Hub together with ACT in Africa, Stimulus and TechVillage have announced the 3rd challenge in the Design4Zim competition. The challenge is titled “How might we improve access to education for primary and secondary students in the rural areas during pandemics?“ Challenge details Considering that schools have been closed since the end of March and it’s not yet clear when students will resume learning – thus the need for solutions. Whilst the government has urged learning institutions to adopt eLearning, the conditions are far from ideal. A significant number of kids do not have access to the hardware for eLearning whilst other concerns are to do...

Egyptian end-to-end distribution platform Brimore raises $3.5m

Egyptian end-to-end distribution platform Brimore has raised $3.5m in a Pre-Series A round led by Algebra Ventures, with participation from Disruptech, Vision Ventures, and returning investors, 500 Startups, and Flat6labs. Brimore was founded in 2017 by Mohamed Abdulaziz and Ahmed Sheikha (Mahmoud Refaay has since also been added as a co-founder), which has an online platform that enables local manufacturers and suppliers to have nationwide coverage through a network of individual sales agents. Related Articles: Egyptian last-mile delivery startup Bosta raises seven-figure Series A The announcement, which was made yesterday, Disruptech’s announcement last month that it had invested in the startup. At the time Abdulaziz declined to disclose how much Disruptec had invested in...

Daily Digest Tuesday, 12 May 2020

Funding In North Africa Egypt’s Beauty Startup Source Beauty Secures Investment From 500 Startups Cairo-based beauty e-commerce startup Source Beauty is defying all the odds and preferences for essential services by investors amidst the current global lockdowns to secure a sizeable pre-seed investment from 500 Startups, the most active global venture capital firm. Read more Funding In East Africa Kenya: Fanisi Capital acquires a minority stake in St Bakhita Schools for $2mln Venture fund Fanisi Capital acquired a minority share in the capital of the Kenyan school St Bakhita Schools for about KSh265 million ($2.4 million).Read more Funding In Southern Africa SA grocery delivery startup Zulzi raises R30m from JSE-listed company Johannesburg...

New Report Sheds Light On Digital Rights Across Africa

As data continually plays very prominent roles in the lives of both individuals and governments, digital rights advocates need to better team up to advance their objectives across Africa given the hard terrain in which they operate. This was contained in the findings of a new report released by Paradigm Initiative’s 2019 Digital Rights in Africa Report. The Report noted that even though the multi-stakeholder model of internet governance gave rights groups a seat at the table, their impact remained suppressed by the two other partners – government and private sector organizations. Report Basics The report titled “Violations Reloaded: Government Overreach Persists Despite Increased Civil Society Advocacy”...

Egypt’s Beauty Startup Source Beauty Secures Investment From 500 Startups

Barely two years down the line, Cairo-based beauty e-commerce startup Source Beauty is defying all the odds and preferences for essential services by investors amidst the current global lockdowns to secure a sizeable pre-seed investment from 500 Startups, the most active global venture capital firm. Source Beauty hopes to further support beauty products made in Egypt as well as and plans to expand its footprint to regional and global markets.  What are the facts? Although 500 Startups did not disclose the amount involved in this round of funding, the venture capital firm is known generally to invest $150,000 in companies that take part in its Seed Accelerator programme, with the possibility...

Kenya: Fanisi Capital acquires a minority stake in St Bakhita Schools for $2mln

Venture fund Fanisi Capital acquired a minority share in the capital of the Kenyan school St Bakhita Schools for about KSh265 million ($2.4 million). The transaction marks the private equity firm's third investment in the education sector in Kenya. Jointly owned by Norwegian fund Norfund and Amani Capital, it expects strong growth in the education sector in East Africa over the next few years. See related: Kids’ Learning Platform, Play Sense, Raises USD 458 K And Goes Full Edtech “Education is a core sector for Fanisi because it’s the bedrock of growth of any economy. Together with Felista Mutinda, the school’s founder, we are looking at building a...

SA grocery delivery startup Zulzi raises R30m from JSE-listed company

Johannesburg based online grocery delivery startup Zulzi has raised R30-million from a JSE-listed company. Zulzi was founded by Vutlharhi Valoyi and Michael Netshipise The startup, which was founded by Vutlharhi Valoyi (pictured above, right with co-founder Michael Netshipise) in 2013 and launched in 2016, allows members via its platform to get direct access to thousands of grocery items through a mobile app. Netshipise joined as co-founder CTO after the launch of the Zulzi’s platform. Similar to startups like Cape Town based OneCart, the app allows customers to build their grocery lists and purchase items without ever visiting a store. Trained shoppers then handpick and deliver the items, transforming the...

Webinars For The Week 12-15 May

Covid-19 and your finances This LifeQ webinar looks at how your prepare your career or business for what’s coming around the corner. How do you position your professional and entrepreneurial ventures to not only survive but thrive and help our economy bounce back? This talk combines insightful analysis, model-based story-telling and scenario analysis to help you plan your career during the greatest crisis of our time. Book your spot here Date: 12 May, 5.30pm Covid-19 funding available for your business In this webinar, hosted by Stellenbosch Network, Jeremy Lang, the regional general manager of Business Partners, will talk on the various Covid-19 relief funding available to SMEs in South Africa. Book your seat...

Daily Digest Monday, 11 May 2020

Funding In West Africa Nigeria’s Helium Health raises $10m in Series-A round [Update] Nigerian healthtech Helium Health has raised $10-million in a Series-A funding round co-led by UAE-based investor Global Ventures and Singapore and Nairobi headquartered Africa Healthcare Masterfund (AAIC). Read more Funding In North Africa Azur Partners Launches A $35m Innovation Fund To Invest In Morroccan Startups Azur Innovation Management, a subsidiary of Azur Partners has launched a $35 million Innovation Fund to invest in Moroccan startups. The public-private fund targets Moroccan companies with less than 18 months of activity, “having a proven innovative product / service concept with successful marketing” Read more Funding Against COVID-19 Nigeria Approves Research Grants For Startups With...

Nigeria Approves Research Grants For Startups With Digital Solutions To COVID-19

Agencies under Nigeria ‘s Federal Ministry of Communications and Digital Economy have been directed to set up research grants for startups with promising innovative solutions that will help in the fight against COVID-19. What are the facts? The Minister of Communications and Digital Economy Dr. Isa Pantami, disclosed this during the virtual Final Demo and Prize Giving Day of the Nigeria COVID-19 Innovation Challenge organized by the National Information Technology Development Agency, (NITDA).The concerned agencies include the National Information Technology Development Agency (NITDA), Nigerian Communications Commission (NCC), Nigerian Communications Satellite Systems, Galaxy Backbone and Nigerian Postal Service (NIPOST). The COVID-19 Innovation Challenge was targeted at leveraging on using indigenous...

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