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Daily Digest, Thursday 18 June 2020

Funding In Africa

Africa-focused fintech Chipper Cash nets $13.8m Series-A round

The funding caps an event filled for the San Francisco-based payment company, founded by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled two years ago. Read more

TransferGo raises $10M additional funding, launches in 11 new markets

The startup is also announcing it has launched in 11 new markets, including Japan, New Zealand, Saudi Arabia, Singapore and Ghana. That’s a doubling down on South East Asia and African market expansion, beyond its original focus on Europe.

Funding In Southern Africa

South Africa: Zeder Investments sold its stake in Quantum Foods

South African agribusiness investor Zeder announced it has sold its 32.1% stake (61.6 million shares) in the animal feed company Quantum Foods Holding Limited to Country Bird Holdings, a company operating in the same business segment as Quantum. The transaction was carried out through Zeder’s subsidiary Zeder Financial Services.Read more

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

Funding In North Africa

Zedny an Egyptian Edtech Startup Bags $1.2m Pre-seed Funding

Zedny, an Egyptian edtech platform where users can learn in Arabic, has secured $1.2 million funding from angel investors. The platform which was recently launched boast of over 200 online courses and 400 animated video summaries of global business bestsellers, as well as 5,000+ hours of learning. Read more

Call For Applications

[Apply] Suguba Investment Readiness Program For Digital Francophone West Africa Startups

Suguba in partnership with Mercy Corps and the French Development Agency (AFD) is organizing its second 6-month investment readiness programme in Francophone West Africa to support the 8 most promising startups digital sector. 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

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