Daily Digest Wednesday, 8 July 2020
Funding In East Africa
“GET IT,” Local Start-up secures additional venture capital funding
Lauren Russell Nkuranga, the founder of GET IT, a commercial food distribution service company based in Rwanda, says that investors still have appetite for the country despite Covid-19 pandemic. Nkuranga’s startup completed its Series A funding – the first significant round of venture capital financing Read more
Funding In Africa
Africa attracted $338mln in private equity investments in June 2020
Companies operating in Africa raised a total of $337.7 million in private equity investments in June 2020, we learned. This does not include the asset management subsidiary of Investec (Ninety One) and the $597 million fund Read more
AfricInvest IV Fund mobilizes $202 million
AfricInvest IV Fund, the fourth fund launched by Tunisia-based investment firm AfricInvest, reached a total of $202 million in mobilization. Last week, the Commonwealth Development Corporation (CDC) committed $50 million in a one-off grant, the largest to its African partner. Read more
Call For Application & Other Web-events
LIVE: “Building in tough times
This Friday, July 10th, for the 5th episode of “Building in tough times” we are interviewing, Omowale David-Ashiru, Vice President – Global Operations at Andela, the global tech talent provider which recently pivoted to a fully remote model.Andela has had to make some tough decisions Read more
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Weekend feature speaker: Joseph Edgar (Duke Of Shomolu) listen in to his interview here
Are you an entrepreneur? Share your story with us and get featured on our platform send us an email nichole@getfundedafrica.com