Daily Digest Thursday, 21 May 2020
Funding In West Africa
Tomato Jos Raises €3.9M in Series A Funding
Tomato Jos, a Kaduna, Nigeria-based agro-processing company focused on the local production of high-quality tomato paste for the African market, raised €3.9m in Series A funding. Read more
Groupfarma Boost Food Security In Nigeria, Cultivates 2,500 Hectares Of Premium Rice
In order to drive food security in Nigeria, an agricultural technology company, Groupfarma, a brand owned by Timesellers Limited, is cultivating a total of 2,500 hectares of premium rice in Ogun State. Read more…..
Funding In Southern Africa
SA fintech Peach Payments nets new investment to help it expand into Africa
SA fintech Peach Payments has raised new investment to drive its expansion into Africa, in a round led by Umkhathi Wethu Ventures (UW Ventures), in partnership with Allan Gray. Read more…..
1K1V provides funding to HEPSA
Higher Ed Partners South Africa, an online education company in Johannesburg, South Africa, has secured an undisclosed amount of funding. The investor was One Thousand & One Voices. Read more…..
Funding In Africa
MFS Africa Raises $4.5m in Series B Funding
MFS Africa is the first African FinTech funded by a China-based VC in $4.5M Series B round led by LUN Partners Group a China-based global investment management group. 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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