BusinessDaily DigestFundingNews

Daily Digest Monday, 15 June 2020

Funding In Africa

Nigerian health startup Mobihealth, four others win Sanofi AfricaTech challenge 2020

Sanofi, a biopharmaceutical company, has announced five winners in the finals of AfricaTech Healthcare Challenges 2020. Read more

The 100MEs by 2021” Programme for Africa’s MSME’s Launched

Efforts to pool African resources, capabilities, financing, market access and technology, to help achieve a continental response to MSMEs has been launched with the collaboration of AUDA-NEPAD (the African Union Development Agency) and Ecobank Group as both agreed to commit resources to Africa’s Micro Small and Medium Enterprises (MSMEs). Read more

Funding In Southern Africa

South African Startup LifeCheq Raises Funding From VC Firm Futuregrowth

South Africa’s Futuregrowth Asset Management through the Futuregrowth Development Equity Fund (DEF) has invested in LifeCheq, a digitised holistic personal finance business that aims to make expert advice accessible to professionals and entrepreneurs who are currently not served well by the existing financial advice industry. Read more

Download GetFundedAfrica’s e-Guide to fundraising for start-up’s Here

Funding In East Africa

Kenyan Solar Startup d.light Secures $65 Million Debt Funding From Solar Frontier Capital

Solar Frontier Capital Limited and solar energy startup d.light, a leading global innovator of solar energy products, have jointly announced the establishment of a KSh6.5 billion ($65 million)financing vehicle to be known as Brighter Life Kenya 1 (BLKI) Limited. Read more

Advice For Businesses

[Opinion] 10 Tips For Entrepreneurs To Get A VC Funding Round Closed

Closing a round of venture funding is extremely hard work. Many entrepreneurs fall at the first hurdles, either making mistakes approaching investors or during their first pitch meeting. To give our readers the best chance of a positive funding outcome, here are some tips that apply to every round. 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

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