Daily Digest Tuesday, 19 May 2020
Funding In Africa
SunFunder Invests Over $100m In Venture Debts In Two African Solar Startups
SunFunder, a provider of debt financing to solar enterprises, has closed four new loans at the end of the First Quarter (Q1) 2020, which took it over US$100 million invested in distributed solar in Africa and other emerging regions. Read more
Funding In Southern Africa
South African insurtech CompariSure lands investment
Cape Town based insurtech startup CompariSure announced today that it has secured venture capital (VC) funding from SA Umkhathi Wethu Ventures in partnership with Allan Gray. Read more
Funding In North Africa
Egypt’s Shahry raises $650,000 pre-seed for its ‘buy now pay later’ platform
Egypt-based online lending startup Shahry, has closed a $650,000 pre-seed round from the investment arm of EGBANK. Read more
Funding In Other Emerging Markets
Dubai’s Ogram raises $870,000 Pre-Series A to connect vetted gig workers with temporary job opportunities
Dubai-based employment startup Ogram has raised $870,000 in a Pre-Series A (equity) round by Global Ventures. Read more
“GetFundedAfrica 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, Dr. Vincent Nwani who recently wrote an insightful article called ” BOOSTING FOOD SECURITY IN NIGERIA THROUGH INVESTMENT IN POULTRY PRODUCTION“
If you would like to raise funding for your next big business or project in Africa send us an email on mary@getfundedafrica.com