Daily DigestFundingNews

Daily Digest Tuesday, 26 May 2020

Latest Report shows African regulators are holding back growth of cryptocurrency on continent

While the rapid adoption of cryptocurrencies may be likely in Africa — given the continent’s high inflation rates, volatile currencies and underdeveloped banking — regulators are holding back its growth, a new report has found. Read more

Funding In Southern Africa

Development Partners International invests $56mln in Sicam

Development Partners International (DPI), through its third fund, made a $56 million investment in Société industrielle des conserves alimentaires (Sicam). The transaction represents the second commitment of African Development Partners III (ADP III) and the first in the Tunisian agribusiness sector. Read More

Funding In Africa

Mozilla, via its incubator, wants to invest up to $75k in African early-stage startups

US-based Internet company, Mozilla, known for its Firefox browser, is also known for its mantra of placing people and their privacy over profit. Read More

Call For Applications

Africa Data Science Intensive (DSI) Program 2020 for African Students (Fully-funded)

Big Data, data science, machine learning and artificial intelligence are driving a revolution around the world as companies rush to take advantage of their data and turn it into a competitive advantage. However there is a shortage of skilled data scientists and managers worldwide and this shortage is much worse in Africa. Read More

Events In Africa

Must-attend Events For The Energy Sector

Following the acquisition of PennWell Corporation last year, Clarion Energy now runs DISTRIBUTECH, Future Energy, HydroVision, POWERGEN & Utility Week events on a worldwide scale. Take a look at the must-attend events for the sector taking place in Africa Click here

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

Introducing our latest feature writer, Martin N. Chukwuezi who recently wrote an insightful article called ”The impact of Covid-19 pandemic on Oil and Gas Projects in Nigeria

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 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: nichole@getfundedafrica.com

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