BusinessDaily DigestFundingNews

Daily Digest Friday, 1 May 2020

Funding in Africa

Investor Partech Raises $100M For Its Third Global Seed Fund To Invest In A Post-Covid Future

Venture Capital firm and previous investor in African startups such as Kudi, Terrapay, Gebeya, etc. Partech has announced the final closing of its latest Seed Fund, Partech Entrepreneur III, at $100M, investing in post-COVID trends in health, work, commerce, finance, mobility and computing. Read more…….

Funding in North Africa

CDG Invest Pours About $1.7 Million Into Seven Moroccan Startups In The First Edition Of 212 Founders

It’s definitely a breath of fresh air. In this period of health crisis where startups are struggling to survive, CDG Invest, the investment branch of Groupe Caisse de Dépôt et de Gestion (CDG), has decided to grant seven financing agreements to date for the benefit of seven startups Read more

Funding in Southern Africa

Money Transfer Startup Founded By Zimbabwean Secures US$5 Million

Digital company, Senditoo is fast becoming one of the dominant fintech start-ups in Africa, after securing a US$5 million line of credit from an international conglomerate. Read more

Funding in other developing countries

Oriente raises $50 million to continue building its infrastructure for digital financial services.

Oriente, a Hong Kong-based startup that develops tech infrastructure for digital credit and other online financial services, has raised $50 million for its ongoing Series B round. 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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If you would want to get in touch with our team to discuss about funding for your project or business. Send us an email – mary@getfundedafrica.com.

Nichole Manhire

Is the productive executive for the media department at GetFundedAfrica

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