Daily Digest, Wednesday 17 June 2020

Funding In Africa

Planet42 Raises $2.4M in Funding

Planet42, an Estonian fintech company that focuses on providing access to mobility to the underbanked in Africa, raised €2.2M ($2.4M) in seed funding. Read more

France’s Largest Telecom Operator, Orange, To Enter Nigerian And South African Markets

Telecom operators in Nigeria and South Africa should be worried about their market shares. This is because Orange, France’s largest telecom operator, believes it would benefit from having a wider footprint in Africa Read more

Funding In East Africa

Kenyan govt plans $495mln+ agricultural investment in FY2020-21, down 11% from FY2019-20

The Kenyan government announced an investment of KSh52.8 billion (about $495.3 million) to boost the agriculture sector during the 2020-21 financial year starting July. The amount is 11% less than the KSh59.1 billion invested in the sector a year ago. Read more

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

Funding In North Africa

Morocco Launches Exceptional Support Program for Artists, Authors

The Kingdom of Morocco has highlighted the importance of arts and culture as a vehicle not only for national reorientation and foreign policy projection but also to encourage young talents Read more

Call For Applications

[APPLY NOW] Disrupt COVID-19: Digital Hackathon

Together with the UK-South Africa Tech Hub, Startupbootcamp AfriTech is inviting innovators with disruptive solutions to digitise public procurement for a 3 day hackathon. 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

GFA’s must read weekend feature entitled Making Finance Work For Agriculture in Africa [Part 1] highlights Agriculture as a Wealth Creator in Africa, and explains how Unlocking Agriculture Value Chains could affect African economies. Read more

Are you an entrepreneur? Share your story with us and get featured on our platform send us an email nichole@getfundedafrica.com

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