Daily Digest Tues, Apr. 21, 2020
Zayed Sustainability Prize opens applications to innovators with $3m in prize money
The Zayed Sustainability Prize is calling on African innovators who have solutions that address some of the world’s biggest sustainability challenges to enter its 2021 edition.
Funding in Southern Africa
VC firm Enygma Ventures has launched a ZAR20 million (US$1 million) fund to support African startups, entrepreneurs and innovators that are building solutions for the post-pandemic world.
Enygma Ventures, the US-based VC firm founded by award winning entrepreneurs Sarah and Jacob Dusek, last year launched a fund with a focus on investing in women entrepreneurs in the SADC region, making it’s first investment last week,. Read more
Funding in West Africa
Nigeria-based Startup PalmPay Launches A $260k COVID-19 Support Fund.
At a time when most start-ups are looking for ways to conserve cash, pan-African fintech start-up, PalmPay, has announced the launch of PalmPay CARES, an N100 million ($260k) humanitarian response plan to support the fight against the deadly Coronavirus in Nigeria. Read more.
Funding in North Africa
Egyptian accelerator offers startups $63k in funding to help them survive COVID-19 crisis
Egypt-based accelerator programme Falak Startups is offering up to EGP1 million (US$63,000) in direct investment, support and perks for startups to help them survive the COVID-19 crisis.. Read more.
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