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GFA Daily Digest Friday, 18 December 2020

Funding In Africa

Umba, The Digital Bank For Africa Raises $2M In Funding To Expand In Nigeria & Kenya

The $2 million seed round was from Ludlow Ventures and Lachy Groom, ex Head of Issuing at Stripe. Frontline Ventures and Act Venture Capital added to their previous investment in the company. Read more

Funding In Western Africa

Nigerian Fintech Startup OnePipe Secures $950k In Pre-seed Round

For OnePipe being part of Techstars NYC 2020 Summer programme was a deal breaker. Apart from Y Combinator, Techstars accelerators are highly rated and strongly favour participating startups investment-wise. Read more


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Latest News

Local Car Tech Startup Launches Drive-To-Buy Model

The South African-founded automotive tech startup has created a platform that allows South Africans to purchase or rent vehicles at a subscription fee, which is all-inclusive of both insurance and maintenance. Read more

Opinion Corner

How Investors Can Go About Remote Due Diligence In A Pandemic World

The pandemic has affected the financial sector as well. Fund managers are finding it hard to raise money for a first or final close; those who have dry powder face the challenge of allocating it wisely, and investors in funds have to decide if they will look into new teams or go with the ones known pre-Covid-19. Read more


GetFundedAfrica’s mission is to uplift people and economies in Africa through entrepreneurship; helping companies find funding, grow, create jobs and solve society’s greatest challenges

GFA Attract, GFA Mentorship Program & Application Portal For Funding

Would you like to be an impact mentor?

The African continent is going through a revolution driven by its startups. Your experience could help develop the next Facebook, Google or Netflix. You can be part of this story by volunteering your time to mentor an African startup. Apply Here

GFA Attract Interview With Mostafa Khaled Abdel Akher (Entrepreneur Edition)

In this episode of GFA Attract (Entrepreneur edition) we interviewed, Mr. Mostafa who graduated from the German University in Cairo in 2013, where he received a B.A degree in Management Technology with double core majors in Economics and Innovation. Mostafa now works with Makwa. An Egyptian startup focused on innovation, Makwa aims to offer convenience in the dry clean & laundry sector, through the application of digital technology. Watch Here

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GetFundedAfrica provides equity capital from $1,000 to $50,000.
For larger amounts (Above $50,000)
we organize syndicated funding rounds of up to $500,000.
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“Business is always a struggle. There are always obstacles and competitors. There is never an open road, except the wide road that leads to failure. Every great success has always been achieved by fight, every winner has scars. The men who succeed are the efficient few –they are the few who have the ambition and will-power to develop themselves. So choose to be among the few today.”

– Chris Kirubi, Centum Investment, Kenya

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