Funding In Southern Africa
Black Business Council and Ubank set up R1bn township and rural economy fund
The Black Business Council and Ubank have together set up a R1-billion township and rural economy fund. Read more
Funding In Africa
Healthcare Startup Emergency Response Africa Secures $25,000 From The Bulb Africa
The Bulb Africa, an Enov8 Solution’s tech hub has awarded $25,000 in investment funding to Emergency Response Africa through its #ALLoverCOVID19 initiative. Read more
Alitheia IDF fund gets $10m from Open Society Foundation to lend to women
Alitheia IDF, a joint venture fund between Alitheia Capital, a private equity investment in Nigeria, and IDF Capital in South Africa, has landed $10 million from American billionaire George Soros’s Open Society Foundations. Read more….
Afreximbank Bucks COVID-19 On Course to Raise over US$1 billion in Syndicated Loan
The African Export-Import Bank (Afreximbank) vaulted market uncertainties caused by COVID-19 pandemic to successfully conclude a dual-currency Syndicated Loan, raising the equivalent of US$907.5 million, comprised of two tranches of US$485 million and EUR390.4 million. Read more….
Funding In other Emerging Markets
Dubai-based startup Invygo raises $1 million USD in funding in its Pre-Series A round
Invygo has raised $1 million USD in a Pre-Series A funding round led by EQ2 Ventures, Class 5 Global, and 500 Startups. This news comes almost one year after they raised their Seed round in September 2019. Read more…
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Introducing our latest feature writer, Dr. Vincent Nwani who recently wrote an insightful article called ” BOOSTING FOOD SECURITY IN NIGERIA THROUGH INVESTMENT IN POULTRY PRODUCTION“
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