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Daily Digest Thursday, 7 May 2020

Funding in Southern Africa

Money transfer group Mukuru acquires fintech Zoona’s assets in Malawi

Mukuru, one of the largest international money operators and remittance companies in Africa, has confirmed that it has acquired Zoona’s operational assets in Malawi along with the technology systems that support its Malawian operations. Read more…

Black entrepreneurs stand a chance to win R500k in TechAccel Programme

Johannesburg’s Tshimologong Precinct and IBM have opened applications for their three-month long TechAccel Programme, which aims to assist black tech entrepreneurs. The startup with the winning idea can take home R500 000 in investment. Read more

Funding In West Africa

TIA enters into co-investing agreements with Dazzle, Jozi Angels

The Department of Science and Technology’s Technology Innovation Agency (TIA) has agreed to work with and offer matching funds with two local angel investors, Jozi Angels and Dazzle Angels (SA’s first female-focused angel group). Read more…..

Nigerian Fintech Company Interswitch And Workers Co-Raise $782k For Its COVID-19 Response Fund

At a time when startups and businesses across Africa are considering laying off their staff strength, Nigerian leading financial technology company, Interswitch together with its workers have raised N305 million ($782k) towards the organisation’s COVID-19 response effort. Read more…

Opinion Corner

Where to invest in Africa in the face of COVID-19: Botho Emerging Markets Group

Back in January, Africa’s economic outlook for the year was bright. African Development Bank projections predicted 3.9% growth in 2020 and 4.1% in 2021. But then, coronavirus upended the global economy. Read more..

What influences angel and VC investments during a pandemic?

From thinking up an idea to making it a business, the entrepreneurial journey is one which is both interesting and challenging. Interesting because there are no set-in-stone guidelines that ensure success, hence, the freedom to explore and take risks while also avoiding mistakes. 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

Introducing our latest feature writer, Abiodun Oshodi who recently wrote an insightful article called ” Engineering Opportunities In West Africa – An Overview.”

Get Funded Africa (GFA) is always looking for new voices to feature. If you’ve got insights or opinions to share – and the expertise to back them up and would like to join our ever growing feature writer team Click here…..

Nichole Manhire

Is the media and brand manager at GFA News. She works very closely with editors and podcasters that contribute to telling the African business success story. For marketing and advertising send Nichole an email:

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