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Daily Digest Tuesday 28 July 2020

Funding In Southern Africa

Alrosa signs a joint venture with ZCDC to develop diamond deposits

The Government of Zimbabwe is on the verge of striking a US$450 million deal with a diamond mining company for the production of 850 000 carats of diamonds, through the Zimbabwe Consolidated Mining Company, as part of efforts to increase earnings to US$1 billion by 2023.Read more

Funding In East Africa

Vital Capital Sets Up A $5 million Fund To Support Businesses Affected By Covid-19 In Kenya And How To Apply

Impact investment firm Vital Capital has announced a collaboration with the U.S. Government’s Kenya Investment Mechanism (KIM). KIM is a five-year program funded by the U.S. Agency for International Development (USAID) Read more

Off grid energy startup BioLite secures US$5m investment from KawiSafi

BioLite, a Brooklyn-based offered energy startup, has closed a US$5 million investment from KawiSafi Ventures, a growth fund investing catalytic capital to scale companies providing clean, affordable, and efficient energy to East Africa’s low-income populations. Read more

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The Protected Plant: Assessing cyber security risk and building your roadmap

Join Power Engineering International and Baker Hughes in this live online interactive session where you will have the opportunity to ask the panel your burning questions around cyber security. 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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Emerging Opportunities In Growth Sectors Amid Covid-19 Crises

With the Covid-19 pandemic pushing the global economy (Nigeria inclusive) to record decline, creativity and innovation in goods and services have become very imperative and necessary, perhaps the competitive advantage factor. Opportunities for productivity and economic optimization abound in sectors like healthcare, agriculture and food, manufacturing, ICT amongst others. Read more

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