Daily Digest Monday, Apr. 27, 2020

Funding in other emerging markets

Facebook Invests US$5.7 Billion In Indian Telecoms Company

Tech companies have an interesting relationship with India. The country’s cheap data has meant that for smartphone manufacturers – getting their devices in the hands of as many Indians as possible has always been a priority.Read more

Funding in West Africa

APM Terminals Commissions Additional Cranes, Begins $80m Upgrade

Hadiza Bala Usman, managing director of Nigerian Ports Authority (NPA),  Thursday commissioned two new multimillion dollars state-of-the-art Mobile Harbor Cranes (MHCs) acquired by leading global terminal operator, APM Terminals, to boost service delivery at the Apapa Port, Lagos. Read more

Funding in East Africa

Transmara Sugar plans Sh4.7 billion electricity plant

Transmara Sugar Company plans to produce 25 megawatt (MW) of electricity at its Kilgoris factory for which it is negotiating approval to generate and supply with regulators. Read more

Get Funded Africa is a technology-based, business information platform operated by Afriscaper Research & Consulting Limited with a mission to reduce barriers to funding for African businesses. GFA matches investor ready, African & African-Diaspora owned companies with global investors, leveraging market research, industry data and news aggregation

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