BusinessDaily DigestFundingNews

Daily Digest Friday, 22 May 2020

Funding In West Africa

Kenyan Agritech Startup Apollo Agriculture Raises $6m Series A To further Scale Its Business

Apollo Agriculture, the Kenyan agri-tech startup has secured a US$6 million Series A funding round to continue rapidly scaling by partnering with more farmers, expanding its product offerings, and growing its team. Read more….

Funding in North Africa

Egypt’s EYouth raises USD180K in SEED funding from EdVentures

EYouth, a social enterprise based in Cairo that empowers youth through a wide range of services, has raised USD 180K in a round investment as SEED fund from EdVentures, the venture capital arm of Egypt’s Nahdet Misr Publishing House. Read more

Ethiopia’s Logistics Startup Deliver Addis Secures Additional Funding From The Impact Angel Network

Ethiopia’s leading logistics startup and pioneer e-commerce company Deliver Addis has secured funding through its partner company Roadrunner Technology Solutions LLC (Roadrunner) from members of RENEW’s Impact Angel Network (IAN) to meet its increased demand as a result of the coronavirus pandemic. Read more….

Funding In Southern Africa

Edtech startup Syafunda lands R2.5m investment from Edge Growth

SA edtech startup Syafunda has received a R2.5-million investment from Edge Growth which will allow the startup to scale its platform to meet the growing need amid the coronavirus pandemic for online learning in South Africa. Read more…..

Naspers Foundry invests R100 million in agritech business, aerobotics

Naspers announced a R100 million investment in agritech business Aerobotics, through its early-stage business funding initiative Naspers Foundry. Aerobotics is a subscription-based artificial intelligence (AI) company that provides intelligent tools for the agricultural industry to manage its crops. Read More

Attention Venture Capitalists and investors GFA needs your help. Click here

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

This image has an empty alt attribute; its file name is Dr-Vincent-Nwani.jpeg

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

Nichole Manhire

Is the productive executive for the media department at GetFundedAfrica

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