Daily Digest Thursday 16 July 2020
Funding In East Africa
Kenya’s Forestry Startup KOMAZA Raises $28M In Series B Equity Funding
Kenya’s micro-forestry startup, Komaza, has raised $28m of a planned $33m Series B equity financing. The round of funding was co-led by Novastar LPs AXA Investment Managers (through the AXA Impact Fund: Climate & Biodiversity), Read more
Funding In North Africa
Moroccan edtech KoolSkools raises over $400,000 to help schools go digital
Casablanca-based edtech KoolSkools has raised over ~$416,000 (MAD 4 million) from MITC Capital’s Maroc Numeric Fund II and an angel investor, the Moroccan startup announced in a statement today to MENAbytes. About $310,000 (MAD 3 million) of the capital came from Maroc Numeric Fund II Read more
Funding In West Africa
Sierra Leone announces construction of $1.4bln polyvalent seaport
Sierra Leone has revealed plans for the construction of a seaport. John Tambi, Head of the Presidential Infrastructural Initiative (PII), said talks are in advanced stages for the implementation of the project. Read more
Funding In Africa
Fairfax, Helios Merger To Birth Pan-African Investment Giant
Canada-based Fairfax Africa Holdings Corporation has agreed to merge with Helios Holdings Limited, an Africa-focused private equity firm, in a transaction that is expected to create a giant pan-African money manager and investment firm, the companies said in a statement Friday. Read more
Web Events & Call For Entries
Develop An Understanding Of How To Sell To The C-Suite
Understanding that today’s C-Level Executives are busy and focused on delivering results to stakeholders and shareholders is important, and gaining access to them has become an extremely difficult task for sales executives. Read more
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Are you an entrepreneur? Share your story with us and get featured on our platform send us an email nichole@getfundedafrica.com
GFA Attract – Episode 2: Impactful Trade… Supply-Chain…Manufacturer Centric with our latest guest contributor Lenin Ugoji
Are you an entrepreneur? Share your story with us and get featured on our platform send us an email nichole@getfundedafrica.com