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GFA Daily Digest Wed, Mar. 4, 2020

Africa AFSIC - Investing in Africa Conference East Africa Sokowatch Raises $14 million to Revamp Supply-chain Markets for Retailers Southern Africa Catalyst Fund raises $15m from JP Morgan and UK Aid for South African fintechs and more West Africa Startup Funding Is The Focus Of Stanbic IBTC Founder Institute Lagos Cohort 2 Week 4, Class 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/ ...

Sokowatch Raises $14 million to Revamp Supply-chain Markets for Retailers

Sokowatch, a Kenya-based e-commerce startup, has raised $14 million Series A funding, to revamp its supply-chain market for informal retailers in Africa. Quona Capital led the financing round joined by Amplo, Breyer Capital, Vertex Ventures, Timon Capital, and 4DX Ventures. The B2B company directly connects merchants to local and multinational suppliers, as well as digitizes orders, payments, and logistics. Above the demand and supply chain, Sokowatch also leverages historical purchasing data of retailers to provide credit and other financial services. Read more from source article: https://www.techgistafrica.com/news/sokowatch-raises-14-million-to-revamp-supply-chain-markets-for-retailers-2/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

Startup Funding Is The Focus Of Stanbic IBTC Founder Institute Lagos Cohort 2 Week 4 Class

The event features Founder Institute - the world’s largest start-up accelerator, creating over 1000 companies, per year, globally. CEO Atmosphere and Lead Director, Stanbic IBTC Founder Institute, Lagos, Ayowande Adalemo stated “Founder Institute is, in over 180 cities, across the world; has over 4,200 portfolio companies and over 14,000 mentors, spread across the world”. Read more from source article: https://techeconomy.ng/2020/02/startup-funding-is-the-focus-of-stanbic-ibtc-founder-institute-lagos-cohort-2-week-4-class/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

[APPLY] Google, Flutterwave Training For 5000 SMEs Starts March 4

Google Nigeria, in partnership with digital payments company Flutterwave, will kick off a series of business clinics aimed at helping 5000 merchants across Nigeria acquire the skills and tools needed to leverage the Web for growth.  Called the ‘Digital Business Compass’, the first clinic sessions will be run from 3 – 5 March in Lagos, and will focus on equipping businesses with the tools, technologies and insights needed for them to grow in the digital age. Read more from source article: https://techeconomy.ng/2020/02/apply-google-flutterwave-training-for-5000-smes-starts-march-4/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

Catalyst Fund raises $15m from JP Morgan and UK Aid for South African fintechs and more

Catalyst Fund, a Boston-based accelerator for early-stage technology start-ups, has raised $15 million with its long-term backer JP Morgan and UK Aid to back 30 fintech start-ups founded across South Africa, Kenya, Nigeria, India and Mexico over the next three years. The US and UK-backed accelerator offers mentorship and non-equity funding to fintechs tackling financial inclusion in emerging markets. With fresh funding, ten fintech start-ups from across all five countries will be selected each year to take part in the fund’s programme. Read more from source article: https://www.fintechfutures.com/2020/01/catalyst-fund-raises-15m-from-jpmorgan-and-uk-aid-for-emerging-market-fintechs/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

AFSIC – Investing in Africa Conference

Leading Africa Investment Conference attended by the top Africa Investors. Join Africa’s top investors and most dynamic CEOs at AFSIC – Investing in Africa. AFSIC is the largest annual Africa investment conference taking place outside Africa.  Save up to £300 +VAT by registering before 30th April 2020. Want to invest in Africa or raise capital for your company or project in Africa then AFSIC is for you. AFSIC, now in its 8th year, takes place 5th to 7th May 2020 in London. AFSIC is entirely focused on highlighting Africa’s best investment opportunities and offers African business leaders the opportunity to hold highly focused investment meetings with the most important Africa investors. ...

GFA Daily Digest Mon, Mar. 2, 2020

East Africa Agritech Expo Zambia SAP empowers five Ethiopian social enterprises North Africa Egypt’s DentaCarts raises $450,000 seed for its online dental marketplace Southern Africa Two Tanzanian Fintech Startups Selected for African CATAPULT Programme West Africa Future Energy Nigeria Conference & ExpoMastercard Foundation $200m fund for Senegal Youth Enterprises 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/ ...

Two Tanzanian Fintech Startups Selected for African CATAPULT Programme

Eleven African fintech startups have been selected to take part in the 2020 edition of CATAPULT: Inclusion Africa, which helps companies focusing on financial inclusion to scale and will be held in Luxembourg from March 1 -8, 2020. Building on the success of its 2018 edition, CATAPULT: Inclusion Africa is developed by the LHoFT Foundation and targets companies focusing on financial inclusion in Africa. It aims to build bridges between Africa and Europe. The selected startups include two from Tanzania – investment robo-advisory platform A-Trader and digital wallet Dundiza. Read more from source article: https://www.financialtechnologyafrica.com/2020/02/19/eleven-african-fintech-startups-selected-for-catapult-programme/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

SAP empowers five Ethiopian social enterprises

Multinational software company, SAP announced five social enterprises benefitted from its 2019 Social Sabbatical held in Ethiopia. According to SAP, the Social Sabbatical programme takes highly-skilled SAP employees from around the world and connects them with resource-constrained social enterprises and non-profit organisations. Beyond Ethiopia, SAP hopes to bring the Social Sabbatical for Global Engagement to more countries across Africa by April of 2020 including Zimbabwe, Tunisia and Mauritius. Read more from source article: https://www.itnewsafrica.com/2019/08/sap-empowers-five-ethiopian-social-enterprises/ ...

Mastercard Foundation $200m fund for Senegal Youth Enterprises

The MasterCard Foundation has unveiled a USD 200 Mn initiative to enable 3 million Senegalese youths gain access to dignified and fulfilling work by 2030. 70 percent of the targeted youths under the MasterCard fund will be young women. Dubbed Young Africa Works, the fund is a five-year commitment that focuses on the growth of small businesses, productivity improvements in the agriculture value chain and improvement in education and training.  Read more from source article: https://weetracker.com/2019/09/26/mastercard-fund-senegal/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

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